Staff Reporter
China launches probe into food delivery price wars: report
China launches probe into food delivery price wars: report
The country’s regulators see excessive competition that can lead to minimised returns.
Vitasoy International Holdings Limited wins Product Launch of the Year - Hong Kong
The brand’s campaign delivered record engagement and strengthened its leadership in the ready-to-drink tea market.
OH!SOME opens first Philippines store
Its Makati City outlet offers IP products, accessories, amongst others.
Fast Retailing sees stronger Q1 FY2026 as overseas business grows
UNIQLO overseas operations drive the majority of quarterly profits.
Global home décor market set to hit $880b by 2030
Growth driven by sustainability, digital décor, and personalised styling.
Global clothing and textile recycling market to hit $20.2b by 2031
Retailers boost recycling with take-back programmes despite logistics challenges.
IKEA to close 7 China stores despite expansion plans
Weak consumer sentiment a key factor in shutdown.
TikTok Shop boosts Filipino MSME sales over 200% in 2025
Over 25,000 Filipino entrepreneurs trained in TikTok Shop tools
Experiences overtaking products in luxury spending
Private jets, yachts expand 9% as travel demand climbs
Philippines' Jollibee lists international business spinoff in US
Jollibee Foods Corporation International will include its operations, businesses outside the Philippines.
Luxury distribution shifts toward value in 2025 with outlets leading
Outlets again outperformed, growing about 1% to 3%, whilst the secondhand luxury market expanded to about €50b.
Generative AI reshapes online shopping discovery with conversational search
AI-powered search could influence more than US$595b in retail e-commerce by 2028.
Louis Vuitton opens Seoul flagship store
It features six floors, 200 pieces, and a cafe and restaurant.
Bandai Namco opens Gundam flagship store in Hong Kong
Store offers over 100 Gundam models and exclusive content.
Singapore ranks seventh globally in Savills’ 'Matcha Index'
Matcha Index highlights cost competitiveness against major tech hubs
Thailand’s Central Retail exits Vietnam electronics market after Nguyen Kim sale
Thai retail giant to take $188.7m hit after sale
Singapore retail sales rise 6.3% in November 2025
It reached a value of $4.4b during the month.
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