Staff Reporter
Carousell to acquire Singapore’s Refash
Carousell to acquire Singapore’s Refash
The acquisition will simplify the selling process for time-starved users.
Adidas, Foot Locker enter strategic partnership
They target retail sales to exceed $2b by 2025 under the partnership.
Central Retail Corporation net profit soars 189% YoY in Q1 2022
Its sales exceeded targets and were up by 16%.
JFC net income skyrockets to $43.9m in Q1 2022
The increase from $2.9m in Q1 2021 is backed by property transfer and sales.
Subway, Pegacorn ink agreement for expansion in Peninsular Malaysia
Around 500 Subway stores will be opened under the master franchise agreement.
LVMH’s Celine launches flagship store on JD
The luxury fashion brand is showcasing its 520 capsule handbag series on the store.
Nike’s Singapore and Malaysia outlets now owned by GMG
The new operator has expressed plans to expand their footprint in Asia.
Reliance picked as official retailer of Tod’s S.p.A.
The company will be a franchisee of the shoemaker brand across all categories.
7-Eleven Hong Kong launches bags with Peanuts characters
The bag was designed by Japanese denim label FDMTL.
Weekly News Wrap: Thai army boycotts Lazada; Tax, input costs hit Reliance’s profits
And Indian grocery startup Zepto raises $200m in fresh funding.
APAC’s Q1 retail growth momentum dragged by movement restrictions anew
Greater China was the most affected due to strict lockdowns.
Comfortable office furniture doesn’t have to cost ‘silly money’: ErgoTune and EverDesk+
The Singapore brands brought ergonomic chairs and desks to overseas markets with prices starting at $399 and $599, respectively.
Philippines’ SMFB income inches up by 1%YoY in Q1 2022
Its revenue rose 9% YoY due to volume growth and better pricing.
Hong Kong retail sales drop 13.8% YoY in March
Local epidemic situation dampened consumption confidence
Tailor-fitting retail stores to catch up on the digitisation race
Retailers would need over 200 hours to manually digitise their products, but Fairmart claims this could be trimmed down to zero.
South Korea’s Genesis BBQ opens six shops in US
The fried chicken chain now has 150 shops in 19 states in the country.
LinkieBuy to bring 100 Japanese merchants to Chinese market
The e-commerce service is eyeing offline, travel, duty-free, and other retailers.
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1. Rakuten opens e-commerce platform to Singapore sellers 2. On opens first flagship store at Singapore's Jewel Changi Airport 3. Guardian launches mobile app to streamline shopping 4. Foodpanda uses hyperlocal data to personalise deliveries 5. Miniso opens largest Melbourne flagship storeResource Center
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Retail Asia Awards 2025 Winner: Lionel Tan and Michael Tong of Singtel
Singtel’s Lionel Tan and Michael Tong share how smart search helps customers discover better and faster buying options.
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From shoplifting to safety: How tech is empowering APAC’s retail workers
How retailers can lead the charge in the AI future