News
Havaianas Asia Pacific pledges to recycle 10% of flip-flops sold
This will be executed through its ReCycle stations.
Havaianas Asia Pacific pledges to recycle 10% of flip-flops sold
This will be executed through its ReCycle stations.
Fruitas net income rebounds to P14m in Q3 2022
This is a reversal of the P8m net loss last year.
Metro Retail reverses net loss in first nine months
Its net income amounted to P400m.
Alibaba Group records $3.2b net loss in September 2022 quarter
Its revenue increased by 3% YoY to around $29.1b.
Cainiao revenue up 26% YoY to $2.57b in Q2 FY23
Over 70% of its revenue was from external customers.
L’Oréal Groupe, partners unveil luxury beauty brand SHIHYO
Its flagship store will open in South Korea.
Deliveroo’s Australian exit raises need to modernise food delivery
Deliveroo recently announced it will stop operations in Australia.
Deliveroo exits ‘highly competitive’ Australian market
In the first half, Australian businesses only accounted for 3% of Deliveroo’s GTV.
Consumer spending in China to see ‘steady growth’
Spending is projected to grow by 6.5%YoY in 2023.
Suntory net profit grows 14.5% in first nine months
Its net profit amounted to JPY68b.
AllHome posts P702m profit in first nine months
Its revenue stood at P9.10b over the same period.
Central Retail profit soars over 150% in Q3
Its profit stood at THB1.25b.
South Korea's small stores lag behind big department stores in sales
Small supermarkets and groceries only saw a 0.4% sales growth.
Weekly News Wrap: Chinese brands dominated Singles Day best-sellers; Alibaba did not disclose 11.11 sales for the first time
And Shein opens its first physical store in Tokyo.
Philippines’ consumer spending to rise 5.5% YoY in 2023
This is slower than the 7.6% YoY forecast this year.
Consumer spending in Vietnam to see ‘solid growth’ in 2023
Spending is expected to increase by 7.3% year-on-year.
Shakey’s Pizza net income reaches P454m in first 9 months
This is coming from a P35m loss in the same period in 2021.