Staff Reporter
L'Occitane International announces $1.8b privatisation offer
L'Occitane International announces $1.8b privatisation offer
The $1.8b take-private deal sets the company’s equity value at $6b.
Philippines’ SM Prime Holdings to open four new malls in 2024
It is part of the company's strategy to expand its presence nationwide.
Vinhomes launches new entertainment and shopping hubs
It aims to provide residents with top-tier amenities and infrastructure that reflect global trends.
foodpanda launches house brand ‘bright’
It offers a broader range of products covering fresh meats, ready-to-eat meals, pantry staples, beverages, snacks, and cleaning supplies.
Payment cards drive over 50% of Australia's e-commerce transactions
The country’s e-commerce market is anticipated to hit $72.9b by 2028.
How Gen Z's thirst for innovation shapes cocktail culture
Gen Z consumers report higher spending on pubs, clubs, or bars.
FairPrice Group offers over $4.5m in May Day discounts
From 25 April, union members get a 50% discount on selected essential items for three weeks.
Sephora launches DRUNK ELEPHANT in Mainland China
It is now accessible in Sephora stores located in major cities such as Beijing, Shanghai, Guangzhou, and Chengdu.
Chanel tops South Korea's luxury market
It surpassed Louis Vuitton with sales of $1.2b (KRW1.7t).
New Zealand retailers anticipate sluggish winter sales
32% of businesses are uncertain about surviving in the next 12 months.
Chocolate crisis looms as cocoa prices surge
The surge is primarily attributed to the severe global shortage of cocoa.
How cost-per-wear redefines fashion value
This metric evaluates an item's value based on its frequency of use, lifespan, and resale potential.
What tech innovations retailers are investing in
They are now increasingly adopting digital interfaces, simplified shopping, and data-driven retail.
Malaysia's e-commerce market to grow by 12.8% in 2024
Alternative payment methods accounted for 35.7% of e-commerce transactions in 2023.
Suntory to raise prices on selected products in Japan from 1 Oct
The recommended retail prices for these products will increase by +6 to +32%.
Electronic payments and financial cards platforms target B2B spending: report
The Asia-Pacific region led in B2B payment value, generating $31.9 t.
Alternative payments dominate Hong Kong's e-commerce in 2023
Over 85% of consumers in Hong Kong shopped online in the past six months.
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