Staff Reporter
Why Japanese brands should expand discounter offerings
Why Japanese brands should expand discounter offerings
The rising cost of living dampened consumers’ purchasing power.
IKEA franchisee Ikano Retail’s revenue up 41.2% YoY to S$1.63b in FY 2022
This is the first time it exceeded the EUR1b mark.
US-based Five Guys eyes expanding to South Korea
The burger chain has inked an agreement with the Galleria department store to open next year.
UNIQLO International operating profit rises 42% in 2022
Its Europe and US markets particularly saw a large improvement.
Saudi Arabia’s growing high-income market attracts luxury brands
Hermès recently expanded in the country.
Fast Retailing profit climbs 60% in 2022
Its net profit amounted to JPY273.3b ($1.855b).
Philippines’ Figaro Coffee Group income soars over 100% in 2022
Its net income stood at P198.2m ($3.26m).
Ninja Van Singapore to pilot EVs
The EVs can handle up to 1,200 kilograms and run up to 235 kilometres when fully charged.
Reshaping the retail market with self-service systems
The virtual fireside chat highlights the importance of the solution in improving customer experience amidst a highly digitalised retail industry.
Weekly News Wrap: New Shibuya awaits tourists to Japan; Naver buys US-based Poshmark in $1.2b deal
And India's Nykaa forges an alliance with Dubai's Apparel Group in the Gulf region.
Inflationary pressures to hit Indonesia's retail sector: report
Indonesia is expected to end the year with inflation at 5.5% YoY.
Central Retail launches premium food store ‘Tops Fine Food’ in Thailand
The new formats store offers more than 8,000 items.
Household spending in Australia rises by 29% in August
This is the 18th consecutive month of growth, the Australian Bureau of Statistics said.
Sephora launches new order management system in Australia
The new platform will allow customers to avail of the Click & Collect service, amongst others.
Six in 10 Asian shoppers to spend more this holiday season
This is linked to the strong financial resilience in the market.
Seven & i net income posts over 27% growth in H1
Its net income attributable to owners amounted to JPY136b ($934.8b).
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