Vann Villegas
Levi’s launches largest store in Asia
The store is located in Bangalore in India.
FMCG sector firms in Top 250 retailers post 4.7% YoY revenue growth
It accounted for 63.8% of the total revenue.
How the new generation of Malaysian consumers shop online
Shoppers look for pre-loved, warehouse clearance, and demo unit items.
Alibaba splits into 6 business units
Except for Taobao Tmall, the other business can raise outside capital and pursue IPO.
South Korea retail sales up 7.9% in February
The operating days during the Seollal holidays helped boost sales.
Thai restaurant tops Asia’s 50 Best Restaurant
A total of nine restaurants from Bangkok made it to the list.
Why retailers integrate technology in their operations
This includes virtual and augmented reality, and data analytics, amongst others.
Around 1 in 2 working women in India consumes VMS: Mintel
Bone and digestive health, and immunity are the top three benefits they want from VMS.
Where do consumers spend the majority of their budget?
Nearly half of the consumers shop the omnichannel.
APAC e-commerce sales down by nearly 3% YoY
E-commerce sales growth has slowed down globally.
Apparel, accessories sector rebounds in FY2021
The sector’s total revenue was up 31.3% YoY.
60 APAC firms amongst Top 250 Global retailers: Deloitte
China’s JD.com is the top retailer in the region, ranking 7th globally.
Superdry sells IP assets to South Korea’s Cowell Fashion
The transaction costs $50m.
Around 1 in 4 Thai Gen Zs find spending on preventing skin issues a waste
They prefer to buy products that address current issues.
Foot Locker to exit Hong Kong, Macau
It will continue to expand in the region through licenses.
JFC eyes opening 600 stores in 2023
It opened 542 stores in 2022, the highest it recorded in a year.
Commentary
Traceable, regenerative, profitable: The new rules of food retail in Asia
Packaging the future: Why Asia’s F&B sector must treat sustainability as strategy