Charmaine Tadalan
Central Retail targets over 20% sales volume hike in new store
It has recently launched Power Buy x B2S in western Bangkok.
LVMH posts 23% profit growth amidst CN business disruptions
Lower revenues were seen in Asia due to lockdowns in China.
Adidas revises 2022 outlook amidst ‘slower-than-expected’ recovery in Greater China
The company expects a double-digit decline rate during the rest of the year.
Alibaba, Pinduoduo amongst top 25 retailers globally
E-commerce platform JD.com also made it to GlobalData’s list.
Reliance Retail profit climbs over 100% in Q1
Its net profit stood at $261m.
MICHAEL KORS debuts on JD.com
JD.com now features over 300 premium brands.
J&T Express expands to over 1,900 depots in Vietnam
It launched in the market in 2018.
L’Oreal achieves carbon neutrality across all North Asia sites
This covers Mainland China, Japan, South Korea, Hong Kong, and Taiwan.
Reliance Brands brings Italian luxury brand Valentino to India
Its first boutique will open in Delhi.
‘Clean’ beauty drives Philippines’ skincare market: report
The market could reach $1.5b by 2026.
Philippine-based Century Pacific expands ‘unMEAT’ portfolio with fish-free tuna
This is in addition to “unMEAT” luncheon meat and “unCHEESE.”
J Shop opens first flagship store in southwest China
Around 400 brands and 2,000 products are carried in the shop.
Gap Inc. enters India market
This is thanks to its partnership with Reliance Retail.
Six in 10 consumers in East Asia worry about climate change
Sustainability is a key focus in the region, Euromonitor International.
More brands to pierce through the Metaverse madness in 2022: report
This comes as brands explore avenues of digital personalisation.
Philippines’ Fruitas to buy Ling Nam restaurant with Balai IPO proceeds
The IPO raised some P203.8m in net proceeds.
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Retailers are shifting towards emotional engagement and omnichannel experiences to retain customers.
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