Charmaine Tadalan
L’Oreal net profit climbs to €3.22b in H1
L’Oreal net profit climbs to €3.22b in H1
This is up from €2.36b in the same quarter last year.
China’s foodservice profit to grow 2.6% through 2026
It is projected to reach $1.09t in 2026.
Instant coffee to boost South Korea’s hot drinks market
It is projected to be valued at $5b in 2026.
Philippines’ FRUITAS launches cloud kitchen 'Nube Kuxina'
It will feature food brands, such as Balai Pandesal, and Ling Nam, amongst others.
Meta, Jio Platforms launch JioMart on WhatsApp
This is the first end-to-end shopping experience on WhatsApp.
Watson beefs up O+O capabilities with $400m investment
This will help create a customer-centric supply chain network.
Japanese restaurant Yoshinoya relaunches in the Philippines
This is the first Japanese food chain under the Jollibee Group.
South Korea’s convenience stores bring out rare gift sets for Chuseok
These gifts include high-end liquor sets, electric vehicles, and electronics.
JD deepens ties with electronics brand Oppo
They will collaborate in technology cost reduction and marketing.
UNIQLO opens pop-up store in Poland
This is the first physical presence of the retailer in the country.
Weekly News Wrap: Tencent eyes selling 17% stake in Meituan; H&M returns on Alibaba's Tmall platform
And Miniso to ditch Japanese-inspired branding over flak in China.
China retains lead as global e-commerce leader: report
The country accounted for over 37% of the global e-commerce market.
adidas CEO steps down
CEO Kasper Rorsted will hand over the position through the course of 2023.
Nine in 10 Malaysians prefer shopping online: report
This is despite the reopening of physical stores.
Consumer spending in South Korea to grow 2.8% in 2022
Household spending is expected to reach KRW793.9t during the year.
Amazon Australia goes live in new tour programme
The company now offers virtual tours of its fulfillment centre.
Castlery shortens delivery lead time by three times
This is through its partnership with logistics firm Maersk.
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