Staff Reporter
Weekly News Wrap: Haidilao deemed worst-performing HKEX stock; Qiandama picks banks for Hong Kong IPO
Weekly News Wrap: Haidilao deemed worst-performing HKEX stock; Qiandama picks banks for Hong Kong IPO
And Singapore’s GIC joins the consortium bidding for a UK-based Morrisons takeover.
Philippines to achieve retail recovery by 2022
Household spending is expected to remain behind pre-pandemic levels for 2021.
PLQ's newest robot resident Oscar to assist mall goers
The AI-enabled robot can provide wayfinding services and admonish illegal smokers in the area.
Diebold Nixdorf executives spearhead virtual fireside chat on the next evolution in self-service retail technology
Industry experts will discuss how leveraging self-service technology can help retailer’s reach new heights with their business.
Starbucks launches Fila collab merchandise in APAC
The new collection features drinkware and lifestyle accessories.
Givenchy launches beauty flagship store on JD
A full line of its beauty products will be available online in China.
South Korea’s food industry bolsters offerings to golfer
Golf courses in the country have been surging in popularity since the pandemic.
China’s Midea Group opens first Israel store
The 350-sq. m. store is located in a shopping mall in Rehovot.
South Korea’s Shilla Duty Free to expand in China
It will set up a joint venture with Hainan Tourism Duty Free City.
Philippines’ Jollibee introduces ordering app in US, Canada
It ran a two-week promotion in celebration of the launch.
Philippine stores offer freebies to vaccinated customers
The local government called for businesses to offer such discounts and other perks.
JD’s Thailand JV rebrands with focus on customer trust
It found that four in five customers still worry that the products won’t match the offer.
Freshippo to set up distribution centre in Wuhan
The facility will come with indoor holding facilities and food processing equipment.
Men’s luxury retail stores on the rise in South Korea
Luxury brands and department stores alike are driving the trend.
Alibaba launches largest university recruitment drive in China
It is advertising 113 entry-level roles, 45 of which are open to fresh graduates.
China, India to propel APAC’s sportswear retail growth
The two markets are seeing more local brands serve a value-seeking consumer base.
India-based online store for sustainable products launched
The company makes use of checks to confirm the truthfulness of its sustainability claims.
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1. Global brands accept high costs as gateway strategy squeezes local shops 2. Premium fashion, seasonal collections boost designer apparel sales 3. Australian retailers cut jobs as fuel and supply chain costs surge 4. Estée Lauder in early talks with Puig over possible merger 5. Luxury brands turn to AI to boost sales and customer engagementResource Center
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