Vann Villegas
Rise of minimarts compels large-format stores to rethink growth strategy
Rise of minimarts compels large-format stores to rethink growth strategy
Their focus should shift towards customer density instead of store scale.
Why Asia’s cosmetics industry needs social commerce to drive growth
Social commerce in various platforms such as TikTok and Facebook is popular in the region.
Delivery Hero ends negotiations for foodpanda business sale in SEA
The company said they remain open to future M&A.
Woolworths CEO to retire in September
Brad Banducci will be succeeded by Amanda Bardwell.
ASEAN consumer activity to moderate in 2024: report
The region, however, will remain the fastest-expanding market globally.
L’Oreal completes minority investment in Chinese fragrance brand
This will boost To Summer’s growth globally.
The Warehouse Group runs 26 stores with solar power
It aims to be 100% solar-powered by end-2026.
DIYblinds names new CEO
The co-founders will serve as chief growth officer and director of the company.
Brands leverage Indian consumers’ individualism for Valentine’s Day marketing
Around 3 in 10 consumers buy food and drinks aligned with their personality.
ADB, Cambodia’s Foreign Trade Bank to boost financing for MSMEs
MSMEs comprise 99% of Cambodia’s enterprises.
PARKnSHOP names new managing director
Freda Ng was appointed as PARKnSHOP's chief operating officer in 2023.
Estee Lauder to reduce employees by up to 5% amidst decline in sales
Organic sales were down 8% YoY due to challenges in Asia travel retail, amongst others.
Hong Kong retail sales to post stable growth
This is due to the improved market condition and the return of international tourism.
Toys ‘R’ Us ANZ to exit UK, focus on Australia
The UK business expansion is not within the company’s reach.
Around 3 in 5 APAC consumers consider health, well-being impacts in food purchase
As a result, functional food products are seeing increasing demand.
Wholesaler Metcash acquires 3 firms for $363.4m
The companies it obtained were Superior Food, Bianco Construction, and Alpine Truss