Staff Reporter
Shein launches new purpose-driven collection
Shein launches new purpose-driven collection
The “evoluSHEIN” line offers sustainable products supporting a women’s nonprofit.
JD Retail pledges support for merchants in shopping festival
The shopping festival will be held on 18 June.
Weekly News Wrap: Panic buying seen in Beijing stores; Billionaire takes on India’s retail giants with new e-commerce platform
And investigators raid Amazon, Flipkart’s top sellers for data, and documents.
Singapore’s retail growth to rely on essential spending: Fitch
Real household income growth is expected to be relatively modest in 2022-2026.
APAC to drive over $60b global airport retail market: report
This will be driven by an increase in retail space, and rising passenger numbers amongst others.
Growing mobile usage in India to boost Tata Super App: report
The Tata Neu super app brings together all of its digital services in a single platform.
Weekly News Wrap: Alibaba, JD.com stock exodus intensifies; 7-Eleven operator picks ex-Uber executive
And Future Retail’s secured lenders reject $3.4b asset sale to Reliance.
South Korean retailers expectations high as restrictions ease
But there are concerns lifting of social distancing rules could hit large discount stores.
South Korea-based CU opens 200th outlet in Mongolia
The convenience store chain made forays in the market four years ago.
Central Retail’s e-grocery launches subscription services
The company offers free standard express deliveries at less than $3 a month.
UNIQLO opens door to London’s Regent Street
Fast Retailing noted this is its “most significant store” under the brand to date.
Malaysia-based Vertice disposes stake in Kumpulan Voir for $2.08m
Its fashion retailing business has recorded net losses since 2017.
China’s e-commerce giants launches Earth Day initiatives
Alibaba has made public its nine green patents, while JD launched a carbon reduction campaign.
Reliance Retail to launch handicrafts brand ‘Swadesh’
This is in support of the “Handmade in India” programme.
Central Retail invests THB100M in first standalone supermarket
The supermarket is under Tops market for consumers in Eastern Bangkok.
Bulgari launches tailor-made digital store on Tmall Luxury Pavilion
Alibaba and Bulgari joined forces in customizing the store’s interface.
South Korea’s top retailers jump to wine and whisky markets
Lotte and Shinsegae have expressed plans to set up whisky breweries.
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