News

Mitsubishi, KDDI to co-own Lawson

KDDI currently holds a 2.1% share of Lawson.

Mitsubishi, KDDI to co-own Lawson

KDDI currently holds a 2.1% share of Lawson.

Social media influence nearly half of Asian consumers' purchase decision

About seven in 10 Asian consumers buy non-grocery items online.

Malaysia hot coffee segment to grow 4.5% in 2027

In 2022, on-premise consumption contributed 25% to the category's value share.

Central Retail records 10% sales growth during Vietnamese New Year Festival

Vietnam has also experienced growth of 6.3% in the retail sector.

PARKnSHOP names new managing director

Freda Ng was appointed as PARKnSHOP's chief operating officer in 2023.

On Location, Fliggy launch hospitality e-commerce store for the 2024 Olympics

It is the first dedicated platform for Chinese customers for the 2024 Olympic Games.

Jollibee Group sets up the largest solar panel installation

The installation in the Canlubang Baking Facility will consist of 6,300 solar panels.

OWNDAYS Singapore cuts $20 on eyewear

The initiative aims to alleviate inflation stress for consumers.

Amazon overtakes eBay as the leading online marketplace in Australia: Pattern

The major e-commerce channel will attain a $5.5b turnover by the end of the year.

Estee Lauder to reduce employees by up to 5% amidst decline in sales

Organic sales were down 8% YoY due to challenges in Asia travel retail, amongst others.

Hong Kong retail sales to post stable growth

This is due to the improved market condition and the return of international tourism.

Toys ‘R’ Us ANZ to exit UK, focus on Australia

The UK business expansion is not within the company’s reach. 

Korean skincare brand AXIS-Y opens flagship store in Seoul

The store is located in the Cheongdam district, below AXIS-Y headquarters.

Coty enters new license with fashion brand Marni

The new licensing agreement for both brands will start in 2026.