Jaleen Ramos
MINISO unveils first Malaysian IP collection store
MINISO unveils first Malaysian IP collection store
It already surpassed sales records in the country for two consecutive days post-opening.
APAC retail rents to rise gradually as travel rebounds: report
Landlord strength is evident in markets such as Taipei, Bangkok, Singapore, and Vietnam.
Chinese consumers prioritise entertainment and relaxation in retail choices: report
The nation’s retail sector witnessed a robust recovery in tourism, film attendance, and the performing arts in 2023.
Retail investment in Australia soars to $2.6b in Q4 2023
Regional and sub-regional centres attracted over half of retail investment volume in 2023.
Central Pattana launches Central Nakhon Pathom
The project aims to boost the city's potential as a central hub linking the western region of the country.
Luxury brands lead ESG push in China's retail sector
They accounted for 66% of all LEED-certified retail spaces in 2023.
VinFast opens first dealership in Indonesia
It is also planning for further expansion across major cities in 2024.
APAC foodservice spending hits $1.3b
Consumer foodservice spending in the region is projected to return to pre-COVID levels in 2024.
Jollibee's JWPL pledges $66.76m to Titan Fund II for F&B sector growth
It will hold a 90% stake in Titan Fund II.
Shein is world’s largest apparel retailer in 2023: GlobalData
The retailer’s gross merchandise value soared to approximately $45b last year.
Grown Alchemist opts for private ownership post L'OCCITANE exit
The brand is targeting international expansion, with a particular focus on North America and China.
APAC retailers urged to embrace entertainment-led strategies
Retailers are encouraged to transform their physical stores into entertainment hubs.
Fashion brands falling behind on decarbonisation targets
This is due to supply chain disruptions and demand management issues.
South Korea’s cosmetic exports surge 20% to $2.3b in Q1
It reflects the country's growing influence in the global beauty market.
Alibaba invests $4.8b in share repurchase program to boost shareholder returns
The group also acquired 1.249 billion ordinary shares, totaling $12.5b for fiscal year 2024.
Nearly 9 in 10 APAC consumers prioritise health and well-being
Over 50% are willing to boost out-of-pocket healthcare spending for improved outcomes, experiences, and efficiency.
Half of global shoppers willing to pay return fees for international purchases
Gen Z demonstrated a 1.7 times higher likelihood of accepting fees compared to baby boomers.
Commentary
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Packaging the future: Why Asia’s F&B sector must treat sustainability as strategy