News

Australia’s trade surplus narrows in August

Its surplus stood at $8.32b, the ABS reported.

Australia’s trade surplus narrows in August

Its surplus stood at $8.32b, the ABS reported.

Shopee strengthens fight against counterfeit pharmaceutical products

It has partnered with the Pharmaceutical Security Institute to educate both sellers and shoppers. 

Australia’s retail sales inch up in August

Retail sales rose 0.6% during the month.

Retailers raise ICT budget in 2022: GlobalData

Over 80% increased investment amidst digital tech trends in improving supply chain and customer experience. 

Rakuten eyes carbon neutrality by 2023

It is amongst the companies that joined the RE100 initiative.

Isetan Mitsukoshi posts over 145% sales growth in Tokyo stores

It also saw a 133% increase in its domestic department stores.

Nike’s net income stumbles 22% in Q1 2023

Its net income stood at $1.46b in the three months ending in August 2022.

‘Stunted’ disposable income growth to drag HK, China consumer spending

Disposable income in the market is expected to average 3.3% in 2022. 

International borders reopening to boost HK’s luxury market

Hong Kong is home to a large number of global luxury retailers. 

Red Ribbon PH opens 38th bakeshop in the US

It is its fourth location in San Diego.

Central Retail’s membership store Tops CLUB opens door

It offers imported products from exclusive brands across the globe. 

Alternative e-commerce gains traction led by business messaging

They accounted for around 25% of online spending in Thailand and the Philippines.