News
Over 35% of Indonesians eat to reduce stress: report
Shoppers in the market buy food and drink to indulge during tough times.
Over 35% of Indonesians eat to reduce stress: report
Shoppers in the market buy food and drink to indulge during tough times.
World of Flight opens first Jordan-only store in Japan
The Jordan World of Flight Shibuya is also the first in Asia.
L’Oreal invests in biotech for sustainable beauty
This is to include more plant-based ingredients in their beauty products.
Foot Locker to exit Hong Kong, Macau
It will continue to expand in the region through licenses.
JFC eyes opening 600 stores in 2023
It opened 542 stores in 2022, the highest it recorded in a year.
Three new shopping malls to open in Jakarta in 2023
Knight Frank said six more malls will open by 2025.
Bvlgari wants to tap into China’s male fragrances market
The market is projected to surge at a 10% compound annual growth rate between 2023 and 2027.
Around 1 in 2 Singaporeans intend to buy audio, video technology
Malaysia has the largest market share of content creators in the region.
Philippines’ San Miguel Foods net income up 21% YoY in 2022
Its revenue rose 16% YoY to around $3.2b.
Logitech Singapore, Watsons partner to bring greater access to tech accessories
Logitech is the first global tech brand to partner with Watsons.
Reliance Consumer relaunches Campa in bid to rival Coca-Cola, PepsiCo
Coca-Cola and PepsiCo currently dominate the Indian carbonates market.
Philippine-based Max’s Group’s organic income growth climbs nearly 40%
The restaurant chain reported its 2022 organic net income growth stood at P622m (US$11.3m).
Central Retail’s Tops launches over 200 Coles items in Thailand
This is the brand’s first presence in the market.
adidas’ Greater China market posts revenue decline
Its revenue from the market dropped by 36% in 2022.
Prada sees 2% sales decline in APAC in 2022
Retail sales stood at €1.23m (US$1.30b).
JFC posts 26.4% net income growth in 2022
The Philippine-based food chain also recorded a sales growth of 40.2%.
Baby food sales in Taiwan to grow despite birth rate decline
GlobalData projected it to expand between 3-4% annually.
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AI prompts fearless dive into corporate reinvention
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Technology
Siam Piwat Group’s digital chief touts AI’s transformative power in boosting customer value, personalisation, and brand trust.
Siam Piwat Group’s digital chief touts AI’s transformative power in boosting customer value, personalisation, and brand trust.
