Staff Reporter
Weekly News Wrap: Chinese retailers offer discounts on iPhones; Lawson weighing options for China unit
Weekly News Wrap: Chinese retailers offer discounts on iPhones; Lawson weighing options for China unit
And Dongwon Industries eyes acquiring McDonald's Korea.
Luxury retailers to expand China offerings to other festivals: report
Retail sales in the country have generally been stronger during cultural festivities.
Shiseido launches NARS Cosmetics in India
It aims to ramp up its growth in Asia Pacific.
Deliveroo invests in upskilling riders
It allotted over $100,000 to provide upskilling opportunities to the riders.
Amazon plans hiring persons with disabilities in Singapore
It aims to employ 15% of its associates in operation networks from persons with disabilities.
adidas sees US$746m loss in 2023
This is due to the “adverse impact” of the Yeezy write-off.
L’Oreal posts 6.6% sales growth in North Asia in 2022
Its sales amounted to €11.32b (US$12.07b).
India-based Zomato ends Philippine operations
The company said it will still continue operating in India and the United Arab Emirates.
Convenience stores go green in South Korea
Emart24 and 7-Eleven have ramped up their promotion of eco-friendly cups.
Weekly News Wrap: Luxury stocks rally from China reopening; Australian retailers take hit from hesitant consumers
And JD.com to shut down Indonesia, Thailand shopping sites.
FairPrice Group names 1st chief sustainability officer
Chan Teng See is tasked to drive the group's efforts towards sustainability.
Hong Kong retail sales to climb by 13% in 2023: report
It is projected to amount to HK$395b (approximately US$50.3b).
24-hour beauty: Coty SEA blends physical and digital space for limitless store access
Coty SEA stores offer services that give the same customer experience online.
Retailers need to address inflation woes amidst sustainability push
There is pressure from investors, regulators, and consumers that compels companies to pursue sustainability.
Daraz to reduce employees by 11%
The company has to refocus its business following the challenges in the past 12 months.
JCube mall to stop operations on 7 August
Its site will be converted into a 40-storey residential development.
H&M Singapore to close doors of ION Orchard store
This will take effect in March.
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It bagged the Marketing Initiative of the Year - Vietnam and the Pop-up Retail Project of the Year - Vietnam categories in the awards programme.
