Charmaine Tadalan
Longchamp opens flagship store on JD.com
Longchamp opens flagship store on JD.com
This brings the number of luxury brands on JD to over 300.
Central Retail launches new BnB home
The expansion was worth THB60m.
East Asia makes up over 80% of Asia’s retail sales: report
This was in part driven by the e-commerce boom in the region.
Plastic straw ban may disrupt soft drink industry in short-term
This will particularly hit sales of small packs of soft drinks.
UNIQLO Singapore switches fully to EVs for last-mile deliveries
Its same-day Click and Collect Service will be available at 27 stores starting 1 July.
7-Eleven, Tiger Beer launches beachfront store in Singapore
The store’s offerings range from liquor to hot meals.
Six in 10 Singaporeans to shop outside Amazon during Amazon Prime Day
Criterio described this as the “strong halo effect” of the event to other retailers.
Central Retail launches new payment option in CMG stores
Shoppers may opt to use BNPL across 22 brands.
Retail sales in Asia’s department stores to climb by 2% annually until 2026
This will follow a “remarkable” rebound of 23% in 2021.
Furniture brand Castlery opens new flagship store in SG
The new store will be launched in the third quarter of the year.
Grocery sales to grow 4% in next 4 years: report
Retail sales in grocery grew 6% in 2021.
Thailand skincare market to exceed $3b in 2026: report
It is projected to see an average of of 3.8% growth annually.
Health and beauty to see 5% annual growth in 2021/26
The average household spent US$345 on health and beauty last year.
Jollibee rebounds to P6.3b after 2020 loss
Its 2021 operating income is nearly at the same level as 2019.
Zomato to buy grocery delivery platform Blinkit in $578m deal
Blinkit has an average delivery time of not more than 15 minutes.
Tmall Global emerges as Chinese shoppers’ favourite platform
It is followed by JD.com Global and Amazon.cn.
Around 67% of Chinese consumers to shop more online: report
Online spending in the market will likely rise substantially in the next 12 months.
Commentary
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APAC retailers need to rethink where fraud prevention begins
How Singapore consumer brands can build strong supply chains amidst rising input costs