Staff Reporter
APAC’s Q1 retail growth momentum dragged by movement restrictions anew
APAC’s Q1 retail growth momentum dragged by movement restrictions anew
Greater China was the most affected due to strict lockdowns.
South Korea’s Genesis BBQ opens six shops in US
The fried chicken chain now has 150 shops in 19 states in the country.
LinkieBuy to bring 100 Japanese merchants to Chinese market
The e-commerce service is eyeing offline, travel, duty-free, and other retailers.
South Korea’s convenience stores ramp up liquor store openings
CU’s liquor stores enjoy higher alcohol sales than its other stores.
Shein launches new purpose-driven collection
The “evoluSHEIN” line offers sustainable products supporting a women’s nonprofit.
JD Retail pledges support for merchants in shopping festival
The shopping festival will be held on 18 June.
Weekly News Wrap: Panic buying seen in Beijing stores; Billionaire takes on India’s retail giants with new e-commerce platform
And investigators raid Amazon, Flipkart’s top sellers for data, and documents.
Singapore’s retail growth to rely on essential spending: Fitch
Real household income growth is expected to be relatively modest in 2022-2026.
Bulgari launches tailor-made digital store on Tmall Luxury Pavilion
Alibaba and Bulgari joined forces in customizing the store’s interface.
South Korea’s top retailers jump to wine and whisky markets
Lotte and Shinsegae have expressed plans to set up whisky breweries.
JCCU expands sustainable product offerings
This includes 18 products that use whitebait as an ingredient.
CNSC launches duty-free stores on JD Worldwide
The store allows purchases from visitors to Hainan as early as 30 days before departure.
Weekly News Wrap: Lawson mulls supermarket chain IPO; GoTo soars 23% in market debut
And Zilingo suspends its CEO amidst a probe on its accounting practices.
Hong Kong set for rebound in retail activity in April: report
But tourist demand is expected to remain muted in the coming months.
Social causes key in APAC marketing efforts
Around 60% of APAC marketers consider diversity and inclusion important to their organisations.
APAC marketers plan to increase ad spending by 34%
Social media is the top advertising platform for marketers.
Weekly News Wrap: Tata rolls out new e-commerce app; Flipkart raises IPO valuation target to $60-70b
And India’s antitrust body probes Zomato and Swiggy over alleged breaching neutrality rules.
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