Charmaine Tadalan
Uniqlo Japan same-store sales slip by 7.1% in January
Uniqlo Japan same-store sales slip by 7.1% in January
This was due to a lack of inventory of thermal clothing.
HappyFresh Supermarkets starts delivering groceries across Southeast Asia
It was launched in Indonesia, Malaysia, and Thailand.
Lunar New Year, Olympics drive JD.com’s sales growth
Turnover increased by over 50% year-on-year.
Central Retail eyes doubling revenue with THB100b investment
This is under its 5-year CRC Retailligence business strategy.
Online shopping in South Korea up nearly 16% in December 2021
Transactions stood at KRW18.41t, Statistics Korea reported.
KFC Singapore eyes 40% increase in breakfast sales in next 3 years
The fast-food chain will be increasing its ad spend to achieve this.
Vietnam’s retail sales recover after two years of 'underperformance'
The industry grew by 1.1% and 1.3% in November and December last year.
Cettire enters China’s online luxury market
Cettire will be available to Chinese consumers in the second half of the year.
Reliance Brands, Rahul Mishra partner to bring new exclusive RTW collection
The JV plans to have dedicated flagship stores at fashion capitals in the next 5 years.
Muji, Fairprice Xtra amongst world’s Store of the Future: report
The IGD also named Giant in the US, Asda in the UK, and four others.
Philippines’ Figaro Coffee to offer keto-friendly pastries
Figaro will be introducing Keto Coconut Tiramisu and Sugar-free Keto Brownies.
Trends that will shape China’s luxury market
China is becoming the world’s largest luxury good market by 2025.
China on track to become world’s largest luxury market by 2025
This is even as its luxury goods demand is seen to have moderate growth.
J&T Express eyes largest smart logistics park in Middle East
The logistics firm will be opening a regional headquarters in Saudi Arabia.
Figaro Coffee seeks new growth avenues after IPO
The Philippine-based company generated P767m in proceeds.
Omni-channel expansion to strengthen Nykaa ‘s grip on India’s cosmetic industry
The company plans to capture the overall market share, worth INR14.1t by 2025.
Online sellers in Southeast Asia ‘optimistic’ over 2022 outlook
74% of online sellers expect at least a 10% increase in sales, Lazada reported.
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Retailers are shifting towards emotional engagement and omnichannel experiences to retain customers.
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