Stores
Central Retail forecasts 20% revenue growth in 2022
This will be supported by the stronger purchasing power of Thais.
Central Retail forecasts 20% revenue growth in 2022
This will be supported by the stronger purchasing power of Thais.
Philippines’ Century Pacific Food posts 6% net income growth
Its net income stood at P4.2b (US$71.5m).
Retail turnover in Australia inches up in September
It went up by 0.6%, the Australian Bureau of Statistics reported.
Economic concerns weigh on Shanghai's retail property recovery
Retail sales fell 12% in the first eight months of 2022.
Over 70% of consumers are willing to pay more for sustainable products
But, most shoppers have not done so in practice.
Alibaba’s market cap down by 30.3% in Q3
Its value stood at $212b.
Weekly News Wrap: Posh ice cream, smart appliance in vogue in China; Indian economy awaits shopping season boost
Reliance is in talks to acquire Germany-based Metro’s India business.
Japan’s foodservice sector gains from tourism revival
The reopened borders and weaker yen are expected to attract tourists.
Love, Bonito acquires activewear brand butter
The brand will be now known as “cheak.”
Why Japanese brands should expand discounter offerings
The rising cost of living dampened consumers’ purchasing power.
IKEA franchisee Ikano Retail’s revenue up 41.2% YoY to S$1.63b in FY 2022
This is the first time it exceeded the EUR1b mark.
US-based Five Guys eyes expanding to South Korea
The burger chain has inked an agreement with the Galleria department store to open next year.
Saudi Arabia’s growing high-income market attracts luxury brands
Hermès recently expanded in the country.
Fast Retailing profit climbs 60% in 2022
Its net profit amounted to JPY273.3b ($1.855b).
Ninja Van Singapore to pilot EVs
The EVs can handle up to 1,200 kilograms and run up to 235 kilometres when fully charged.
Weekly News Wrap: New Shibuya awaits tourists to Japan; Naver buys US-based Poshmark in $1.2b deal
And India's Nykaa forges an alliance with Dubai's Apparel Group in the Gulf region.
Inflationary pressures to hit Indonesia's retail sector: report
Indonesia is expected to end the year with inflation at 5.5% YoY.
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Retailers and brands told to harness data for growth
![Retailers and brands told to harness data for growth]()
The tandem should turn insights into profit strategies, Flying Fish Lab says.
The tandem should turn insights into profit strategies, Flying Fish Lab says.
