News

Uniqlo to open 5 new stores in Singapore in 2022

It will include the first neighbourhood store along Ang Mo Kio Avenue 3.

Uniqlo to open 5 new stores in Singapore in 2022

It will include the first neighbourhood store along Ang Mo Kio Avenue 3.

Here's why 2022 is going to be a ‘slightly’ worse year for retail in HK

Retail sales growth is expected to be lower in 2022 at 7%.

Board Asia Pacific to outline how businesses can optimise operations with digital transformation

Join Board Asia Pacific and Retail Asia to know more about how the shift to digital can assist companies in decision making.

Consumer spending growth in UAE to ‘normalise’ to 3.6% in 2022

This is slower than the 7.5% estimated growth in 2021.

Alibaba unveils use of proceeds from $1b sustainability bond

Most of the net proceeds were used in constructing green data centres and buildings.

Weekly News Wrap: Hong Kong residents raid supermarket shelves; Seven & i urged to focus on 7-Eleven business

And Alibaba-backed Huitongda Network to price its Hong Kong IPO at bottom of range.

Australia’s retail sales volumes rise 8.2% in Q4 2021

Thanks to the rise in sales in discretionary industries, following a lockdown in the previous quarter.

Yves Saint Laurent rolls out Valentine’s Day products to JD consumers

All products could be delivered to consumers within 24 hours.

Amazon India launches storefront for traditional medicine products

The storefront is organized by focus areas and health benefits for easy shopping.

Homeplus fined $2m for passing promotion costs to suppliers

Its supermarket unit had made its suppliers shoulder costs worth $1.42m.

South Korean retailers cut back on promotions

Department stores and malls have shut down promotional events due to quarantine protocols.

Zomato posts INR2.7b loss in Q3 2022

This is an improvement from INR3.1b loss in the previous quarter.

China dampens Pandora’s 2021 performance: report

And yet, the market remains high up Pandora's priorities.

Henkel to acquire Shiseido’s APAC Hair Professional business

Shiseido will retain 20% share in the Japanese entity to back business growth.

Taiwan lifts 11-year Japanese food import ban

They will adopt measures to ensure safety of the products and public health.

Malaysia’s wholesale, retail trade sales reach $310b in 2021

Wholesale and retail trade sales in December grew 3.5% YoY to $28.8b.

Apple opens newly expanded Abu Dhabi store

The store double its original size back when it launched in 2015.