Ikea's store opening in the Philippines
Weekly News Wrap: Amazon asks regulator to revoke Reliance-Future deal; Meituan bearish over $500m antitrust fine
Weekly News Wrap: Amazon asks regulator to revoke Reliance-Future deal; Meituan bearish over $500m antitrust fine
And Ikea has opened its biggest store in the world in the Philippines.
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1. Marks & Spencer exits Philippine market after nearly 40 years 2. Deliveroo parent exits Singapore and Japan as multi-month review cites conditions 3. AI moves beyond analytics as APAC retailers digitise operations 4. New ACG store in Beijing marks Nike’s return to outdoor performance 5. Reliance Consumer Products enters Australian market through Goodness Group acquisitionResource Center
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EY’s Olivier Gergele: Innovation advantage comes from scaling what resonates with consumers
He explores where the biggest value opportunities lie whilst emphasising the need to balance standardised scale with deliberate localisation across diverse markets.