News
Lotte wins bid to operate in Australia's Melbourne Airport
Lotte Duty Free will open a duty-free store in the airport on 1 June.
Which markets have the most weekly online shoppers
The global average of internet users who buy online weekly is 57.8%.
This is how much renewable energy Amazon bought in 2022
Amazon set the record for the most RE purchased by a single company.
Thom Browne to operate Korean business directly
A new company, Thom Browne Korea, will be formed.
Weekly News Wrap: Luxury giants bank on Chinese return; Apple starts hiring in Malaysia retail bid
And a Japanese whaling firm pins hopes on an ‘unmanned store’ to revive sales.
Australia’s retail sales slip nearly 4% in December
This breaks 11 consecutive months of growth.
Reliance Retail enters Indian footwear market with V Retail acquisition
V Retail operates 32 stores under the Center Style brand.
Beijing's retail market shows signs of steady development
Retail supply rose 16% in 2022 compared to last year.
BigBasket expected to expand customer base in offline entry
Consumers in India have continued to opt for offline stores.
LVMH profit up 23% YoY to $22.9b in 2022
Its revenue also hit a record EUR79.2b as its market in Asia remains stable.
Reliance Retail acquires footwear firm V Retail
Reliance Retail’s net profit in Q3 FY2023 jumped 6.2%.
Add to cart: travellers now have a shopping basket for travel bookings
Agoda will give a seamless, one-stop travel booking experience.
Monde Nissin to buy 15% of Figaro Coffee Group shares
The transactions will be worth P820.3m.
Reliance Retail posts 6.2% net profit growth in Q3 FY2023
Its net profit stood at INR2,400 crore during the quarter.
Grab food delivery outperformed ASEAN peers in GMW growth: study
It sustained growth consecutively in the past three years.
Weekly News Wrap: Asian retailers lure tourists on Lunar New Year; India plans cheaper finance for small retailers
And luxury firms express optimism about China’s retail recovery.