News
UOB and Lazada partner for better commerce payments in SEA
This is their first cross-industry collaboration.
UOB and Lazada partner for better commerce payments in SEA
This is their first cross-industry collaboration.
Sephora names SEA, Oceania & South Korea managing director
Jenny Cheah served as President of Greater China of Bulgari before moving to Sephora.
Shakey’s Pizza net profit surpasses pre-pandemic levels in 2022
This is thanks to the rise in dine-in sales and the expansion of its store network.
What brands in Vietnam need to know about the new duty-free zone
Da Nang will create a trade complex that includes a duty-free zone.
Australia, South Korea, and India are top markets for inbound duty-free shopping
Duty-free is sales to travellers of goods and products exempt from VAT.
Giordano sales up 6% YoY in Q1 2023
Its same-store sales registered a 16.1% growth.
How Amazon prevents counterfeit products on its platform
It stopped six million fake products from being sold in 2022.
Century Pacific Food net income up 6% YoY in FY22
Its revenue increased by 14% boosted by its branded businesses.
IKEA owner buys 195MW solar parks in Australia
The three solar parks can generate 340GWh of electricity.
L'Oréal to acquire Australian beauty brand Aesop
The transaction will close in the third quarter of the year.
Miniso to expand to four new markets
The company also plans to revamp its stores overseas.
Toys”R”Us Asia names new CEO
The appointment of Leo Tsoi took effect on 1 April.
Levi’s launches largest store in Asia
The store is located in Bangalore in India.
Central Retail opens first 24-hour supermarket
It will also come with a Personal Shopper service.
Hot drinks sector in Indonesia to grow nearly 8% through 2027
This is thanks to increased outdoor mobility and tourism rebound, GlobalData reported.
FMCG sector firms in Top 250 retailers post 4.7% YoY revenue growth
It accounted for 63.8% of the total revenue.
What will drive hot drinks sales growth in Vietnam?
The market is expected to grow 9.1% annually.