Staff Reporter

Digitalisation and sustainable retail on the rise in post-pandemic Indonesia

Digitalisation and sustainable retail on the rise in post-pandemic Indonesia

Retail Asia Jakarta Forum discovers new trends, preferences and passions in 2023 from industry leaders and experts.

JD.com CEO steps down

Lei Xu will be replaced by CFO Sandy Ran Xu.

Tim Hortons to launch in South Korea

It signed a master franchisee agreement with South Korean QSR chain BKR Co. Ltd.

L'Oréal sees ‘strong double-digit’ growth in all zones except North Asia

This is due to a reduction of stock-in-trade in mainland China. 

DFI Retail names new Group chief executive

Scott Price will assume the position on 1 August.

Fashion firms in China spur growth with direct-to-consumer model

PwC reveals how the DTC model leverages digital technology to deliver more personalised products, services, and experiences to new-age consumers.

SHEIN opens new global integrated marketplace

The SHEIN Marketplace will host domestic and international third-party sellers. 

Philippines’ SMFB sustains growth momentum in Q1

The food and beverage company reported an 8% rise in consolidated net income. 

adidas sees ‘better-than-expected’ growth in China despite 9% revenue decline

The company recorded ‘flattish sales’ and a small operating profit overall. 

Jollibee net income drops by 10% in Q1

Its net income attributable to equity holders stood at P2.1b (US$37.6m).

Watsons expands products under the Sustainable Choices scheme

There are now 8,000 products offered under the scheme.

Suntory Pepsi rolls out 100% recycled PET bottles in Thailand

PET bottles accounted for nearly 60% of soft drinks packaging volume in 2022. 

Philippines’ Universal Robina net income flattens in Q1 

This is due to higher financing costs and non-cash impairments in its farm business. 

China leads new stores opening in 2022

The country accounted for 41% of all stores that opened last year.

Domino’s Pizza to open over 400 stores in China until 2024

This came after the franchisee in China debuted on Hong Kong Stock Exchange.

2023 Retail Asia Forum to be held in Kuala Lumpur in May

The event will take place at Impiana KLCC in Kuala Lumpur.