Asia Retail Spending

The $5m raised will be used for Grace’s business expansion.

A 40-seater cafe and bar are open for customers.

Sales were boosted by the Chinese New Year.

A total of nine restaurants from Bangkok made it to the list.

The transaction costs $50m.

They prefer to buy products that address current issues.

Malaysia has the largest market share of content creators in the region.

Its revenue rose 16% YoY to around $3.2b.

It aims to focus its core strategy on food.

This could deter both foreign and local consumers from shopping in the country

The support for local brands was driven by economic uncertainty and the climate crisis.

And US-based retailer Foot Locker is in talks with Metro Brands for India entry.

And Uniqlo ramps up marketing campaigns in the US.

And Dongwon Industries eyes acquiring McDonald's Korea.

And a Japanese whaling firm pins hopes on an ‘unmanned store’ to revive sales.

And luxury firms express optimism about China’s retail recovery.