News

Metro Retail profit falls 16% in Q1 2024

The decline was attributed to narrower margins in general merchandise. 

Metro Retail profit falls 16% in Q1 2024

The decline was attributed to narrower margins in general merchandise. 

Guardian Malaysia expands employee benefits with on-demand pay program

Over 4,400 Guardian team members will have access to a portion of their earned wages before payday.

Hong Kong retailers to accept digital yuan as e-CNY pilot expands

The e-CNY wallets are limited to cross-boundary payments and cannot be used for person-to-person transfers.

ASOS partners with Reliance Retail to tap into India's fashion market

The deal includes ASOS's first exclusive brand stores in the country.

How marketers can drive brand growth

Meaningful differentiation is deemed crucial for strong consumer-brand connections and pricing power.

Indonesia implements non-halal labeling for cosmetics

About 44% expressed the need for personalised offerings that align with their cultural background. 

The Coffee Bean & Tea Leaf enters Maldives market

It will establish cafes across the archipelago from Q3 2024.

Average retail rents rise across Japan in Q1 2024

Kyoto’s average rents exceeded pre-pandemic levels for the first time.

Lukfook signs ‘Business Sector Integrity Charter’ to strengthen business integrity

The charter aligns with the group’s robust anti-corruption framework and principles of business ethics.

Int’l celebrity beauty brands eye India amidst rising image consciousness

About 57% of Indian consumers are very or quite likely to purchase beauty products recommended by celebrities.

Shopee Malaysia introduces '15 Days Free Returns' program

Users can now return eligible items across all product categories for free within a 15-day guarantee period.

Demand for convenient and sustainable packaging in Vietnam increases post-pandemic

The shift fuels eco-conscious consumerism, creating opportunities for brands to adopt innovative packaging.

Miniso net profit rises 24.4% to $81.2m in 1Q24

Revenue for the period was 26.0% higher YoY.

Thailand shoppers cut back amidst FMCG market strain

Thai FMCG consumers become more selective, driving brands to adapt through affordability and innovation.

Thai retail innovates with new digital strategies

Thailand embraces advanced digital solutions to enhance retail experiences, setting a global standard for innovation.

Are shipping times the dealbreaker in cross-border commerce?

Approximately 40% are willing to wait four to seven days for free international shipping.

Why China's luxury consumption is slowing down

Factors include a shift from overseas to domestic spending, consumption moderation, and the return of outbound tourism.