Staff Reporter
SMIC net income jumps 27% YoY to $457.6m in H1 2022
SMIC net income jumps 27% YoY to $457.6m in H1 2022
It is supported by the strong retail activity due to higher foot traffic in malls.
E-commerce market to reach over $20t by 2025
The market will be led by sportswear brands Nike, and Adidas.
Tmall Global to incubate 1,000 international brands
It seeks to support the brands in marketing and cross-border logistics.
Fashion house Max Mara launches store on JD Luxury
The store released a T-shirt exclusively on the platform.
Philippines’ SMFB posts 8% net income growth in H1
The company also saw its highest level of revenue and profitability since 2018.
Australia’s retail sales up 1.4% in Q2
This is the third consecutive growth since Q4 2021.
Weekly News Wrap: Alibaba deems last year 'most severe' in decades; Zomato plunges as share lock-in period ends
And Japan’s Sankyo Seiko to purchase a French luxury fashion house.
Shanghai's mall rents to remain under pressure in short term: report
The city resumed in-store dining from the end of June.
Canada-based Lululemon launches on JD's platform
The athletic apparel store offers love-themed clothing for Chinese Valentine’s Day.
Central Retail launches megaproject ‘Tops CLUB’
The project seeks to bring a global household shopping experience.
UNIQLO launches campaign to urge customer participation in sustainability initiatives
Customers can buy items made from recycled materials and join coastal clean-ups.
Philippine brand BALAI net income soars to P9m in Q2
This is up from P2m in the same period last year.
ZALORA, adidas partner to launch pop-up store in Singapore
The store in Bugis Junction is open from 3 to 12 August.
FedEx continues expansion with New South China Operations Centre
This is in partnership with the Guangdong Airport Authority Logistics Company.
JFC expands China presence with 9th Tim Ho Wan store
The company plans to open 10 more in the market.
FedEx Logistics moves to new office in Singapore
Its services include supply chain solutions and customs brokerage.
Philippines’ URC posts P6.5b net income in H1
This is lower compared to the same period last year.
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