Staff Reporter
Japan-based Nojima expands to Malaysia
Japan-based Nojima expands to Malaysia
Its new store in Kuala Lumpur offers a selection of furniture, appliances, and gadgets.
Victoria’s secret sells 49% of China business for $45m
The company is forming a joint venture with Hong Kong-listed Regina Miracle.
Malaysia’s retail recovery threatened by rising inflation
Inflation has been rising in many countries amidst supply-chain challenges.
Watsons opens first store in Qatar
The nearly 3,000 square feet store features designated zones like Natural & Clean Beauty.
NTUC FairPrice wins big at the FMCG Asia Awards 2021
It bagged the Home Brand of the Year, Campaign of the Year, and Product Packaging of the Year trophies.
Figaro Coffee seeks new growth avenues after IPO
The Philippine-based company generated P767m in proceeds.
Omni-channel expansion to strengthen Nykaa ‘s grip on India’s cosmetic industry
The company plans to capture the overall market share, worth INR14.1t by 2025.
Online sellers in Southeast Asia ‘optimistic’ over 2022 outlook
74% of online sellers expect at least a 10% increase in sales, Lazada reported.
Pandamart opens 50th store in Pakistan
This was opened a little over a year after the launch of the first store.
Weekly News Wrap: India’s quick commerce boom raises road safety concerns; Hong Kong fund divests Burger King businesses
And Starbucks expands delivery services in China via a Meituan tie-up.
Consumers’ financial insecurity hit APAC’s retail sector
Nearly nine in 10 consumers went through phases of financial insecurity in Q4 2021.
Una Brands acquires furniture brands ErgoTune, EverDesk+
The 8-figure deal is seen to speed up its global expansion.
Lotte Group acquires entire stake in Ministop Korea for $263m
Lotte will take over 2,600 Ministop stores across South Korea.
Starbucks launches interactive experience centre in Indonesia
The centre teaches customers about Starbuck’s coffee making process.
Philippines eases minimum paid-up capital for foreign retailers
The Philippines has lowered the minimum paid up capital to $488,000 from $25m.
Robinsons Retail to buy 100% stake in Ministop Philippines
It will acquire the remaining 40% shares of Ministop Japan in February.