Staff Reporter
Data remains crucial for retail operations
Retailers should ensure that they have a clear data roadmap and integration capabilities.
Turning to a ‘mobile point of service’ vital for retailers
Sales staff should not be left behind when transforming their operations.
Coupang to acquire online luxury firm Farfetch
It will provide $500m capital to support Farfetch’s operations.
REP Fitness sets expansion in the Philippines through TheRack.Co
Demand for gym equipment and fitness items is growing in the Philippines.
GOPIZZA lands as the third-leading, fastest-growing pizza chain in Singapore
The Korean pizza chain has expanded to 27 outlets.
Rakuten Seiyu Netsuper, Inc. to be become a subsidiary of Rakuten
Services under Rakuten Seiyu Netsuper will remain unaffected yet improved.
Wolverine Worldwide sells stake in China Merrell, Saucony JV
The sale is valued at $61m.
Unilever International lauded at FMCG Asia Awards 2023
Unilever International, Unilever’s global business unit and whitespace partner was awarded the Supply Chain Initiative of the Year at the coveted FMCG Asia Awards 2023 for establishing Pt. Alliance Consumer Products – an innovation-driven, agile and cost-effective manufacturing unit for skin cleansing bars in Sei Mangkei, Indonesia.
KFC India operator takes over Thailand operations
The acquisition involves over 274 KFC Thailand restaurants that employed over 4,500 workers.
Omnichannel beauty brand Mōdere names Nate Frazier as President and COO
Mōdere products hold a presence in Australia, New Zealand, Japan, and India
Coupang plans to acquire Farfetch Holdings
It will drive expansion to South Korea, the world’s highest spender in personal luxury goods.
Prada joins with SSI Group for expansion in the Philippines
The joint venture will take charge of the opening and management of Philippine Prada stores.
Dubai-based investment firm buys SushiSamba
Shamal Holding had a 50% stake in the restaurant group before the acquisition.
KFC reaches 10,000th store milestone in China
The iconic fast food chain has a strong 36 years of growth in the Chinese market.
COP28: Alibaba Group reveals green initiatives including using AI to reduce packaging materials
The e-commerce firm seeks to reduce packaging materials by 15%.
JD Worldwide begins “Bayern Selectives Pavilion” for cross-border e-commerce initiative
The initiative will bring Germany-based products to Chinese online consumers.
Commentary
How retailers can lead the charge in the AI future