Staff Reporter
Greater China, APAC drag Adidas’ sales growth in 2021
Greater China, APAC drag Adidas’ sales growth in 2021
The market reduced Adidas’ revenue growth by €1.5b.
Central Retail expands in Thailand’s Eastern Economic Corridor
The company will open a new shopping center – Robinson Lifestyle and Robinson Department Store Ban Chang.
Philippines' URC net income surges 109% YoY to $465.4m in 2021
This is on the back of the sale of its Oceania business.
Asia’s retail experts to converge in Retail Asia Summit 2022
Notable speakers will lead various discussions in the two-day summit.
UNIQLO Japan same-store sales drop 14%YoY in February
Total sales, including online sales, also declined 11.4%
UNIQLO to pilot curated space for female shoppers in SG
The flagship store for women will be located at the ION Orchard store in Singapore.
JD-controlled JV pairs with CNSC to boost duty-free business
The JV with Lagardere Travel Retail also seeks to expand their duty-free operations.
Alibaba ramps up benefits for employees
Employees could have seven days paid family care leave per year.
Alibaba’s Ele.me sets aside $3.2m to cut commission on merchants
The subsidy allows reduced commission for covered merchants for at least 15 days.
P&G Australia wins Product Launch and Campaign of the Year trophies at the FMCG Asia Awards 2021
The company has not only become a Force for Growth in the category, but also a Force for Good in the community.
Reliance invests majority stake in clothing brand Abraham & Thakore
The brand focuses on bringing a modern, unconventional take on Indian handlooms.
Weekly News Wrap: Amazon and Future Group agree to talks; Shopee exits France months after launch
And the founder of China’s Haidilao has stepped down as CEO.
Growth in sight for Asia Pacific’s retail markets
Nearly all major destinations are expected to see bigger domestic visitor volumes.
Singaporean shoppers don’t skip ads: survey
Most shoppers click on ads and buy products, Criteo found.
AllDay rolls out first ‘smart carts’ in its Philippine stores
This gives consumers more autonomy in shopping in-store.
More than 60% of older consumers in SG still shop want in-store
This is even as more Singaporeans purchase in-app.
Consumer spending in Indonesia to see ‘solid growth’ in 2022
This comes as Indonesia further eases pandemic-related restrictions.
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Awards
Nov
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Event News
It bagged the Marketing Initiative of the Year - Vietnam and the Pop-up Retail Project of the Year - Vietnam categories in the awards programme.
