News
Social media influence nearly half of Asian consumers' purchase decision
About seven in 10 Asian consumers buy non-grocery items online.
ADB, Cambodia’s Foreign Trade Bank to boost financing for MSMEs
MSMEs comprise 99% of Cambodia’s enterprises.
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.
L’Oréal, Miu Miu partner for exclusive worldwide licence agreement
Miu Miu is now part of the L’Oréal Luxe division.
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.