News

Philippines’ Universal Robina net income flattens in Q1 

This is due to higher financing costs and non-cash impairments in its farm business. 

Philippines’ Universal Robina net income flattens in Q1 

This is due to higher financing costs and non-cash impairments in its farm business. 

Domino’s Pizza to open over 400 stores in China until 2024

This came after the franchisee in China debuted on Hong Kong Stock Exchange.

Australia’s retail sales up 0.4% in March

This is higher than the 0.2% increase in the previous month. 

Australians prefer in-store retail due to digital shopping fatigue

Around 3 in 5 Australians want in-store retail therapy.

SKS Capital invests in South Korea’s Grace

The $5m raised will be used for Grace’s business expansion.

How SHEIN cuts carbon emissions in its warehouses

The company aims to cut its greenhouse gas emissions by 25% in its value chain by 2030.

Singapore’s coffee sales to see ‘steady’ growth in next five years

The market is expected to grow by 3.2% CAGR over 2022-2027. 

Retailers must embrace 'demand sensing' to improve performance: Kearney

New technologies and initiatives to measure consumer behaviour numerically can increase demand forecasting accuracy.

FJ Benjamin opens new concept store in Singapore

A 40-seater cafe and bar are open for customers.

Indian consumers may shift to packaged spices, seasonings

Around 28% of younger millennials plan to switch to single spices and 35% to masala mixes.

CP All net profit to grow 9% YoY in Q1 2023

This is due to increased tourism and domestic consumption.

Amazon to allow merchants to sell to EU marketplaces

The sellers can list their products in at least one of Amazon's stores in nine markets.

UNIQLO to expand in Luxembourg

The first Luxembourg store will span 950 square metres over three floors.

Watsons China to open 300 physical stores this year

This will help accelerate its Offline Plus Online platform strategy.

Hermès sales in Asia up 23% in Q1 2023

Sales were boosted by the Chinese New Year.

How Foodpanda approached the food delivery downtrend

Digitalisation strengthens Foodpanda’s partnerships with restaurants for personalised customer experience.