Staff Reporter
Venturi Partners invests $25m in DALI Discount for Philippine expansion
Venturi Partners invests $25m in DALI Discount for Philippine expansion
It is Venturi Partners’ second Philippine investment after Pickup Coffee.
Slow sales drag retail property market although leasing rates “strong”
Structural change and shifts in visitors are some challenges the market may face.
Fast Retailing warns on phishing scam targeting UNIQLO customers
It deceives individuals into disclosing personal information or making monetary transfers.
JD Super partners with leading F&B brands to form Healthy Food Industry Alliance
The alliance involves over a hundred renowned brands in the F&B sector.
Asia's retail sector thrives amidst e-commerce dominance
Sectors such as apparel, accessories, home décor, and furnishing showed signs of recovery.
Manolo Blahnik Group joins forces with Bluebell Group for Hong Kong launch
It is one of the many partnerships between both fashion entities.
Premium skincare brand Medipledge launches in Australia
The brand specialises in post-laser skin barrier restoration, especially for Asian skin.
Starbucks certifies over 6,000 Greener Stores globally
The initiative is also now extending into new markets such as India, Hong Kong, and Costa Rica.
Brands can rely on social media to prevent health misinformation: report
Around 58% of users buy products based on recommendations from medical professionals.
Flipkart invests $54m in Myntra to fuel India's fashion e-commerce boom
Fashion spending in India is projected to increase by 13.4% YoY in 2024.
Nearly 7 in 10 SEA consumers prioritise essential purchases due to inflation
To cope with inflation, 69% are sticking to essential purchases, while 55% are cutting back on non-essentials.
Art tops luxury investment index in 2023: Knight Frank
It is the only sector that posted double-digit growth with an 11% price increase.
Wilcon Depot's net income dips 9.5% YoY on rising expenses
This is despite a 3.1% growth due to sales from new stores.
Alternative payments lead China's e-commerce with 67.3% share
Bank transfers and payment cards hold a 14.9% share of e-commerce transactions.
1 in 2 shoppers plan to boost online shopping: Airwallex
Around 61% of consumers perceived international merchants as trustworthy.
Coca-Cola Singapore installs robotic automation for assembly and packing lines
It features a smart vision detection system and an expandable end-of-arm tool for increased efficiency.