Stores

South Korean retailers offer low-price cakes ahead of Christmas

Some are providing discount benefits for pre-orders.

South Korean retailers offer low-price cakes ahead of Christmas

Some are providing discount benefits for pre-orders.

Strong local consumption buoys Guangzhou's retail sector

The food and beverage sector in the Chinese city was relatively active in Q3.

CONCEPT WATCH: Eatology cooks up a ‘halfway diet’ for Hong Kongers

The flexitarian meal plan is for consumers looking to reduce their consumption of animal-based products. 

ASICS acquires race registration platform njuko

It will now offer race registration services globally.

India’s online marketplaces to reach $350b in GMV by 2027

The country’s online marketplaces have contributed over $100b in GMV so far.

Wider economic recovery to drive India’s consumer spending growth

Consumer spending is expected to grow by 7.1% year-on-year in 2023. 

Weekly News Wrap: Amazon shutters food delivery business in India; Louis Vuitton to launch homeware store in Shanghai

And US-based Fanatics to refurbish retail stores at Tokyo Dome in a deal with Yomiuri Giants.

Australia retail trade up 12.5% YoY in October 2022

However, it declined by 0.2% month-on-month.

Hong Kong’s toys market thrives despite fewer kids

Hong Kong has the lowest fertility rate in Asia.

Weekly News Wrap: JD.com says worst is over for consumer demand; Tata eyes 20 'beauty tech' stores

And Tencent’s plan to cut its stake in Meituan triggered an internet stock selloff.

Philippines' retail sector shows signs of improvement: report

Retail sales in the country have been growing at a relatively slow pace.

Fruitas net income rebounds to P14m in Q3 2022

This is a reversal of the P8m net loss last year.

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.