Charmaine Tadalan
Fast Retailing profit grows 12.7% to ¥189.2b in H1 2022
Fast Retailing profit grows 12.7% to ¥189.2b in H1 2022
The company also projected an 8.4% growth in 2022.
UNIQLO International poses ‘significant’ profit increase in H1 2022
It saw a nearly 50% increase in profit to ¥100.3b.
UNIQLO Japan profit sees ‘considerable dip’ in H1 2022
Its operating profit stood at ¥80.9b, a 17.3% drop.
Over half of Hong Kong SMEs remain optimistic amidst fifth wave: CPA Australia
Some 55% respondents expressed confidence that they can overcome the fifth wave.
JD.com appoints company president Lei Xu as CEO
Outgoing CEO Richard Liu will continue focusing on the company’s long-term strategies.
7-Eleven must develop online presence in China: analyst
The company’s market share has been declining since 2018.
Shakey’s PIZZA posts P121m net income after 2020 loss
This was driven largely by the easing of restrictions in the fourth quarter of the year.
Fast Retailing to reopen MINA TENJIN in 2023
The facility will have a total sales area of over 22,000 square metres.
Tops, FamilyMart join Locked Price campaign for Thais
The campaign sought to help reduce their cost of living.
South Korea relaxes business hour restrictions on restaurants, cafes
The government plans to revamp restrictions further if the situation remains stable.
China sees ‘solid’ consumer spending during Lunar New Year: report
Retail sales grew 6.7% to US$1.7t in the first two months of the year.
From brewing beans to kneading doughs: Figaro Coffee Group finds niche in pizza delivery services
Angel’s Pizza propelled the food conglomerate’s growth in the Philippines.
AllHome poses double-digit net income growth in 2021
The company recorded a 46% year-on-year increase to P1.44b.
South Korea retail sales climbs 4.7% in February
Online sales during the month offset the decline seen in offline sales.
Tory Burch opens new store on JD’s platform
Three styles of its Kira bag in denim were first released in this store.
Taobao Deals launches 10-Yuan store
It has also unveiled a 100 store for higher-value products.
Una Brands, KlickBrands commit US$100m to South Korea’s e-commerce market
This could benefit profitable e-commerce brands in health, K-beauty, baby, and pets amongst others.
Commentary
Protecting Indonesia’s retail businesses through resilient cellular connectivity
Why e-commerce winners in SEA are rethinking operating models
Why flexible storage is the backbone of the pop-up economy
How point of sale became the hub for customer experience
APAC retailers need to rethink where fraud prevention begins
How Singapore consumer brands can build strong supply chains amidst rising input costs