Staff Reporter
Reliance Retail enters Indian footwear market with V Retail acquisition
Reliance Retail enters Indian footwear market with V Retail acquisition
V Retail operates 32 stores under the Center Style brand.
Beijing's retail market shows signs of steady development
Retail supply rose 16% in 2022 compared to last year.
BigBasket expected to expand customer base in offline entry
Consumers in India have continued to opt for offline stores.
LVMH profit up 23% YoY to $22.9b in 2022
Its revenue also hit a record EUR79.2b as its market in Asia remains stable.
Reliance Retail acquires footwear firm V Retail
Reliance Retail’s net profit in Q3 FY2023 jumped 6.2%.
Add to cart: travellers now have a shopping basket for travel bookings
Agoda will give a seamless, one-stop travel booking experience.
Monde Nissin to buy 15% of Figaro Coffee Group shares
The transactions will be worth P820.3m.
How has the viral ‘luxury’ debate over Charles & Keith affected the brand?
The brand's purchase consideration score rose by 8.3 points following the TikTok discourse.
Reliance Retail posts 6.2% net profit growth in Q3 FY2023
Its net profit stood at INR2,400 crore during the quarter.
Grab food delivery outperformed ASEAN peers in GMW growth: study
It sustained growth consecutively in the past three years.
Weekly News Wrap: Asian retailers lure tourists on Lunar New Year; India plans cheaper finance for small retailers
And luxury firms express optimism about China’s retail recovery.
Essential goods expected to lead China's retail sales recovery
The sales of non-essential goods are expected to show slower growth.
Dickey’s Barbecue Pit to start grilling in first Philippine store
The store will open in the second quarter of 2023.
Gen Z consumers want ‘genuine connection’ when engaging with brands
Around 3 in 5 trust independent consumer reviews.
Is Gen Z becoming the bigger spender in China?
They are rapidly becoming the largest consumer base for luxury brands, KPMG said.
BillEase, Alipay+ partner to enable Filipino consumers to shop online globally
BillEase is the first BNPL firm in the Philippines to partner with Alipay+.
Consumers demand diversity, inclusivity: report
They are buying from brands that support their values.
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