Staff Reporter
Vingroup to sell stake in SDI Company
Vingroup to sell stake in SDI Company
SDI, Sado Company, and Vincom Retail will no longer be Vingroup subsidiaries after the transaction.
Australian retail spending growth slows down to 2% YoY in 2023
Whilst traditional retail spending growth slowed, online retail increased in 2023.
India's light vehicle sales to hit record 4.9 million as economy grows
SUVs emerged as the driving force behind India's robust vehicle sales.
Around 4 in 5 Australian households embrace online shopping in 2023
About 9.5 million households made online purchases in 2023.
K-Beauty market to hit $13.9b by 2027
The Asia-Pacific region accounted for about 69.9% of the K-beauty products industry share.
Duravit unveils first flagship store in Vietnam
This is the brand’s first location in Southeast Asia.
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.
AS Watson Group names Watsons China co-managing directors
They will replace CEO Kulvinder Birring.
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Retail Asia Awards 2025 Winner: Lionel Tan and Michael Tong of Singtel
Singtel’s Lionel Tan and Michael Tong share how smart search helps customers discover better and faster buying options.
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