Staff Reporter
The Estée Lauder Companies issues $650m of senior notes
The Estée Lauder Companies issues $650m of senior notes
Closing of the offering will occur on or about 14 February 2024.
7-Eleven Singapore launches first-ever self-checkout in Esplanade MRT Station
The unmanned store will operate a quick-serving AI system to track items and serve orders fast.
Brands leverage Indian consumers’ individualism for Valentine’s Day marketing
Around 3 in 10 consumers buy food and drinks aligned with their personality.
Mitsubishi, KDDI to co-own Lawson
KDDI currently holds a 2.1% share of Lawson.
Social media influence nearly half of Asian consumers' purchase decision
About seven in 10 Asian consumers buy non-grocery items online.
ADB, Cambodia’s Foreign Trade Bank to boost financing for MSMEs
MSMEs comprise 99% of Cambodia’s enterprises.
Malaysia hot coffee segment to grow 4.5% in 2027
In 2022, on-premise consumption contributed 25% to the category's value share.
Central Retail records 10% sales growth during Vietnamese New Year Festival
Vietnam has also experienced growth of 6.3% in the retail sector.
L’Oréal, Miu Miu partner for exclusive worldwide licence agreement
Miu Miu is now part of the L’Oréal Luxe division.
Three sub-sectors to drive HK's retail growth in 2024
PwC Hong Kong anticipates a 5% increase in retail sales.
PARKnSHOP names new managing director
Freda Ng was appointed as PARKnSHOP's chief operating officer in 2023.
On Location, Fliggy launch hospitality e-commerce store for the 2024 Olympics
It is the first dedicated platform for Chinese customers for the 2024 Olympic Games.
Jollibee Group sets up the largest solar panel installation
The installation in the Canlubang Baking Facility will consist of 6,300 solar panels.
Amazon overtakes eBay as the leading online marketplace in Australia: Pattern
The major e-commerce channel will attain a $5.5b turnover by the end of the year.
Estee Lauder to reduce employees by up to 5% amidst decline in sales
Organic sales were down 8% YoY due to challenges in Asia travel retail, amongst others.
Hong Kong retail sales to post stable growth
This is due to the improved market condition and the return of international tourism.
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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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How retailers can lead the charge in the AI future