News
Suntory Beverages to make 50% of its bottles from recycled materials
This is in line with its 2030 target to use 100% sustainable PET bottles.
Suntory Beverages to make 50% of its bottles from recycled materials
This is in line with its 2030 target to use 100% sustainable PET bottles.
JFC sets $347.4m capital expenditure for 2022
A portion will be used for their new stores and renovations.
Uniqlo Japan same-store sales slip by 7.1% in January
This was due to a lack of inventory of thermal clothing.
HappyFresh Supermarkets starts delivering groceries across Southeast Asia
It was launched in Indonesia, Malaysia, and Thailand.
Lunar New Year, Olympics drive JD.com’s sales growth
Turnover increased by over 50% year-on-year.
Central Retail eyes doubling revenue with THB100b investment
This is under its 5-year CRC Retailligence business strategy.
Online shopping in South Korea up nearly 16% in December 2021
Transactions stood at KRW18.41t, Statistics Korea reported.
KFC Singapore eyes 40% increase in breakfast sales in next 3 years
The fast-food chain will be increasing its ad spend to achieve this.
Vietnam’s retail sales recover after two years of 'underperformance'
The industry grew by 1.1% and 1.3% in November and December last year.
Breitling opens largest flagship store in South Korea
The two-storey Breitling Townhouse in Hannam includes a restaurant and café.
Vietnam’s household spending to rise 5.7% YoY to $123.4m in 2022
This is due to the expected gradual lifting of restrictions this year.
Amazon India to launch initiatives for women entrepreneurs in Karnataka
The company will extend the benefits of its “Saheli” program to train women merchants.
Weekly News Wrap: Seven & i rebuffs criticisms from investor; Future Retail’s lenders urges putting assets up for auction
And Starbucks China reels over airport cafe closures and low traffic to offices.
Japanese multinational fast-food chains reel over potato shortage
The shortage has pushed McDonald’s Japan to temporarily drop some offerings.
H&M India to roll out home decor products in spring
Its H&M Home products will also be introduced in its existing stores in India.
Cettire enters China’s online luxury market
Cettire will be available to Chinese consumers in the second half of the year.
Reliance Brands, Rahul Mishra partner to bring new exclusive RTW collection
The JV plans to have dedicated flagship stores at fashion capitals in the next 5 years.