Staff Reporter
Could Louis Vuitton be transitioning from luxury to lifestyle?
The brand recently opened its first restaurant “The Hall by Lousi Vuitton.”
Weekly News Wrap: UK-based Ocado enters South Korea in Lotte deal; Reliance Retail in talks to enter salon business
And China-based Shein expands operations in the United States.
What retailers in China could gain on Singles Day
Increased competition is, however, expected with several other retail festivals and shopping events.
How Love, Bonito develops actionable insights in fashion
CEO of Love, Bonito, Dione Song, revealed the brand’s data strategy that led to an 8% increase in its second purchase rate.
The future of retail: a hybrid of in-store and online experience
Having an omnichannel strategy empowered by technology is the key to surviving in the retail industry, with disruptions from the pandemic here to stay.
NTUC FairPrice to offset GST increase with discount offers
This will take effect in the first six months of 2023.
Indonesia’s Bukalapak reverses loss as net profit soars over 400% in 9M
Its income stood at IDR3.61t over the said period.
Philippines' Universal Robina net income drops to P9.7b in first nine months
This is even as its core net income grew 9%.
Central Retail forecasts 20% revenue growth in 2022
This will be supported by the stronger purchasing power of Thais.
Philippines’ Century Pacific Food posts 6% net income growth
Its net income stood at P4.2b (US$71.5m).
Single’s Day is the most extensive shopping event in SG: report
The event increased online retail sales by 223% in 2021.
Retail turnover in Australia inches up in September
It went up by 0.6%, the Australian Bureau of Statistics reported.
Partygoers are ditching suits and formal dresses
Only 25% prefer wearing formal attire at events.
Economic concerns weigh on Shanghai's retail property recovery
Retail sales fell 12% in the first eight months of 2022.
Digital economy in Southeast Asia to grow 20% in 2022
The region’s GMV is expected to be at $200b.
Singaporean’s spending to slow down in 2023: report
Real household spending is expected to grow by 2.28%.
Most Read
1. Lazada launches tiered membership programme in six Southeast Asian markets 2. Shopee allocates $38.46m to SME programmes for 2026 3. China’s FMCG market logs 1.3% growth in Q3 on more O2O purchases 4. IKEA opens first New Zealand store at Sylvia Park 5. Singapore shoppers start year-end buying earlierResource Center
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The Filipino snack brand transformed bacon into both a culinary canvas and a consumer favourite.
