Staff Reporter
China’s 618 shopping festival to dictate retail sector’s fortunes: report
China’s 618 shopping festival to dictate retail sector’s fortunes: report
Businesses are counting on the festival to invigorate the sector.
Starbucks Korea opens first subway store in Seoul
It does not have plans to expand to more underground locations.
Two beauty brands join JD’s online platform
Armani Beauty and La Mer are bringing over 200 new products on the platform.
Alibaba’s Ele.me to roll out $75m subsidies to consumers, merchants
The company also set aside $10m in benefits for its employees.
Weekly News Wrap: Australian retailers get holiday boost; Rakuten prepares to list securities unit
And India's Nykaa suffers from marketing, fuel costs balloon.
Japan’s retail sector enjoys foot traffic recovery in Q1
Second-hand luxury goods businesses saw solid demand in the quarter.
Jo Malone London launches flagship store on JD
The UK-based brand offers perfumes and various fragrance products.
South Korean retailers expand entertainment space on-site
A Lotte Mart outlet opened a futsal court, whilst a Homeplus store built a swimming pool.
The J Shop opens 4 pilot physical stores in Chinese cities
Three of the stores were jointly developed with Italian luxury retailer COSCIA.
Weekly News Wrap: Big luxury brands fret over China lockdowns; Sea surges after higher-than-expected gaming sales
And Singapore-based Zilingo fires its CEO amidst a probe on “irregularities.”
China’s retail market not out of the woods yet for Q2
Most retailers moved into a wait-and-see mode in Q1 due to lockdowns.
JD revamps fashion business towards omnichannel format
The online channel mainly focuses on young consumption groups.
Weekly News Wrap: Luxury brands navigate Shanghai lockdown; Amazon slams Reliance takeover of Future stores
And fast-fashion retailer Shein is seeing a slowdown in growth.
Youth consumers drive APAC’s luxury retail market: report
Brands are adopting strategies to connect deeper with younger luxury consumers.
Shakey’s PIZZA more than doubles net income to P76m in Q1
This was driven in part by a strong resurgence of dine-in sales.
Reliance picked as official retailer of Tod’s S.p.A.
The company will be a franchisee of the shoemaker brand across all categories.
Weekly News Wrap: Thai army boycotts Lazada; Tax, input costs hit Reliance’s profits
And Indian grocery startup Zepto raises $200m in fresh funding.
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1. TikTok unveils new business solutions to drive brand growth 2. YouTube doubles down on video commerce in Southeast Asia 3. IKEA revamping store designs in major cities 4. SM taps 800 personal shoppers to boost customer experience 5. Alibaba launches AI tool to help fashion retailers create virtual try-on videosResource Center
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