Staff Reporter
Hong Kong retail sales down 2.3% in April
Hong Kong retail sales down 2.3% in April
After adjusting for inflation, retail sales dropped 3.3%YoY.
Dior names new creative director
First time since Christian Dior that one director leads all three divisions.
Yum China increases share buyback to $510m for H2 2025
This is a 42% increase from the $360m planned in H1.
Puma’s ads focus on athlete collaborations across sports
It focuses on themes like athletic achievement and team spirit.
DFI Retail group sells 22.2% stake in Robinsons Retail Holdings
Proceeds will be used to support DFI’s capital allocation strategy.
Alo Yoga opens first store in the Philippines
This marks the brand’s expansion into Southeast Asia.
7-Eleven Malaysia to acquire 30% stake in BLoyalty
It will buy 30% of BLoyalty for $211,465.
Build resilient supply chains amidst inflation and technological change
RELEX Solutions reveals how businesses balance inflation, invest in AI, and create future-ready supply chains.
CJ Foods to build new mandu factory in Japan
Construction is expected to finish by July.
Rakuten Group to merge five subsidiaries to streamline operations
It will be effective from 1 January 2026.
Lazada announces $100m annual investment in affiliate programme
Affiliate marketing drives 20% of Southeast Asia’s online sales.
India’s Myntra expands to Singapore with launch of 'Myntra Global'
Offers 35,000 styles from 100 Indian brands
OH!SOME opens first Singapore store
It will feature anime collectibles from popular titles.
Shakey’s Pizza plans to open 430 new stores in 2025
130 new international stores added since Q1 2024.
8 in 10 consumers now rely on AI search
60% of searches now end without any click.
Levi Strauss sells Dockers brand to Authentic Brands Group for up to $391m
The initial transaction is valued at $311m.
1 in 3 Australians now use AI for shopping
Gen Z and Millennials remain the top users of AI for purchases.
Commentary
How retailers can lead the charge in the AI future