News

Lazada CEO appointed as Daraz’s acting CEO

James Dong succeed Daraz founder Bjarke Mikkelsen in the role.

Lazada CEO appointed as Daraz’s acting CEO

James Dong succeed Daraz founder Bjarke Mikkelsen in the role.

Duck Donuts to enter Philippine market with 25 target locations

It made the largest international franchise agreement with Bravo Foods Corp.

Salomon expands to Southeast Asia with Singapore store

The new brand store is located at Raffles City.

Yoshinoya unveils discount e-card for transformative dining experience

Yoshinoya’s “Privilege Pass” provides customers with discount prices for various products.

Chinese consumers buy luxury items abroad due to pricing gaps

Domestic luxury spending is seen to decline to 70% from 90% during the pandemic.

Alibaba.com inks partnership with Alioth to support SMEs

Through the deal, Alioth will be given access to Alibaba’s online tools and sales channels.

Domino's Pizza China's 10 new stores achieve record first 30-day sales

DPC Dash now holds 17 of the 20 top Domino's stores worldwide.

Major skincare company Neora buys cosmetics producer ACN Korea

The purchase of ACN Korea will drive Neora’s growth in the APAC region.

JD Worldwide opens Paris warehose for cross-border purchases to China

The fashion goods warehouse will contain over 100 brands.

Fila appoints new Global Brand President

Klein has previously served as President of Fila USA.

Jollibee’s Mang Inasal installs solar panels for Zamboanga stores

Both Sindangan and Molave branches generated 48,000 KWh.

FMCG spending up 6.1% YoY in 2023

This is mainly driven by inflation.

JD.com inks deal with UK’s Evri for growth of European brands in China

The partnership will allow British and European products to over 600 million users in China.

Giordano expands footprint in Middle East

The stores are located in UAE, Qatar and Kuwait, with two in the latter.

MINISO opens the largest flagship store in Hong Kong

The store launch features a pink-themed campaign, to utmost success.

Shiseido launches new beauty wellness brands

The beauty brand has collaborated with distributors Tsumura and Kagome for two new brands.

True Religion signs footwear licensing agreement with Orly Corporation

This is in line with the launch of its Fall 2024 footwear collection.