Staff Reporter

Miniso hits record $89.8m Q4 2023 profit

Its revenue also achieves a record-high increase to $541m.

Established brands in APAC remain resilient amidst emerging competition: report

Incumbent brands remained steady at 28% and won in 27% of the categories against insurgent brands.

Philippines' URC profit down 12% YoY to $230.1m in 2023

The company attributed the decline to higher comparables from a land sale. 

JD.com's net income surges 132.8% YoY to $3.4b in 2023

The company’s revenue reached $152.8b, up by 3.7% from 2022. 

McDonald's global outage raises concerns over reliance on digital services: GlobalData

The report stressed the need for the restaurant industry to prioritise digital investment.

Levi’s revamps Kyoto store

It has a station that allows shoppers to customise their apparel with embroidery, patches, and more. 

AS Watson Group appoints Marionnaud Group’s new CEO, deputy CEO

Their appointment is effective starting April 2024.

What luxury retailers should focus on to attract consumers

Around 36% of Chinese consumers said product quality/durability is the most important.

Four ways to adapt to a highly competitive 2024 retail landscape

They need to boost in-store experiences and implement customer-centric features, amongst others.

China, Bangladesh partner to boost RMG industry

The two countries discussed the potential collaboration to promote the apparel industry of Bangladesh on the global stage.

Douyin surpasses JD marketplace in health product sales

It is the second largest platform for consumer health products behind Tmall.

Indian consumers seek personalised haircare amidst stagnant market

Around 44% have shown interest in products that are customised to specific hair types.

Vietnam urges food firms to comply with new nutritional labelling regulations

Around 71% of consumers have heavily regarded health labelling information on packaging.

Love, Bonito unveils new branding, assortment strategy

A campaign featuring well-known Asian female personalities has also been launched.

How private labels transform public perception into profit

Around 90% of buyers reveal that they are choosing private-label products.