Vann Villegas
Australian skincare market to reach $1.6b in 2026: report
Australian skincare market to reach $1.6b in 2026: report
This will be led by the hand and facial care categories.
How Amazon Singapore helps alleviate SG SMEs’ local delivery woes
Singaporean sellers on Amazon increased 45% between 2019 and 2021.
Coty launches first-ever Chloé Fragrances e-commerce store
The digital store opening is in partnership with Lazada.
L’Oréal’s BOLD invests in Japanese beauty startup
This is the company’s first venture capital investment in Japan.
APAC social media ad spend up 8% YoY in Q1 2022
The average monthly ad spend per brand was $1,500.
J&T Express expands network to Brazil
This is the second market it entered in Latin America, following Mexico.
Philippines’ Max’s Group profit nearly doubles in Q1
Its revenue jumped by 18% to P2.17b.
Sea Limited logs37.4% YoY net loss in Q1 2022
This is due to higher operating expenses and cost of revenue.
Convenience, traceability key to a better delivery service
Customers want more delivery options and visibility in the delivery process.
Atome eyes expansion in South Korea by year-end
This will make Atome the BNPL that covers the most number of markets in Asia.
Amazon Australia's solar projects in NSW start operations
The two solar farms aim to produce 392,000MWh energy yearly.
Pandora to build crafting facility in Vietnam
The jewellery brand will invest $100m for the building of the new facility.
Coupang profit soars 42% YoY in Q1 2022
Its revenue rose 22% YoY, whilst its losses improved by 29% YoY.
Carousell to acquire Singapore’s Refash
The acquisition will simplify the selling process for time-starved users.
Adidas, Foot Locker enter strategic partnership
They target retail sales to exceed $2b by 2025 under the partnership.
Central Retail Corporation net profit soars 189% YoY in Q1 2022
Its sales exceeded targets and were up by 16%.
JFC net income skyrockets to $43.9m in Q1 2022
The increase from $2.9m in Q1 2021 is backed by property transfer and sales.
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The company bagged the Convenience Store of the Year - Hong Kong and the Retail App of the Year - Hong Kong wins in the Retail Asia Awards 2025 for the success of the platform.
Commentary
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Packaging the future: Why Asia’s F&B sector must treat sustainability as strategy