APAC
Weekly News Wrap: Fast Retailing opens GU brand store in US; India's Nykaa expects stronger demand from festival season
																					
							And leadership issues blamed for Singapore-based Zilingo’s decline.
						
					
					
				E-commerce market to reach over $20t by 2025
																					
							The market will be led by sportswear brands Nike, and Adidas.
						
					
					
				Weekly News Wrap: Alibaba deems last year 'most severe' in decades; Zomato plunges as share lock-in period ends
																					
							And Japan’s Sankyo Seiko to purchase a French luxury fashion house.
						
					
					
				Click here: APAC brands log in to social media to engage with customers
																					
							A Nielsen study found that 56% of APAC marketers consider social media as the most effective channel.
						
					
					
				Prada posts over €180m net income in H1
																					
							This is despite seeing sales drop in its APAC business.
						
					
					
				NIKE net income slips by 5% in Q4
																					
							Its sales were dragged by its Greater China market. 
						
					
					
				Weekly News Wrap: 7-Eleven cuts 880 jobs in the US; Daiso builds American footprint amidst inflation woes
																					
							And Malaysia-based restaurant operator delays its IPO again.
						
					
					
				L’Oreal achieves carbon neutrality across all North Asia sites
																					
							This covers Mainland China, Japan, South Korea, Hong Kong, and Taiwan. 
						
					
					
				Weekly News Wrap: Freshippo seeks lower funds at $6b valuation; Uniqlo owner's performance to hint China's recovery prospects
																					
							And Shein seeks an IPO in the United States as soon as 2024.
						
					
					
				APAC brands reinvests highest percentage of revenue in media spend
																					
							Around 4.6% of the brand revenue of APAC brands was spent on advertising.
						
					
					
				FMCG Asia Awards 2022 opens doors for nominations
																					
							Entry submission will close on 07 October 2022.
						
					
					
				Weekly News Wrap: Alibaba shares surge 60% as crackdown expected to ease; Pret bets on local tastes in Reliance tie-up
																					
							And BGF Retail wins big with a $2 lunch amidst surging inflation.
						
					
					
				Soaring international beauty brand Guerlain bags the Cosmetics Retailer of the Year at the Retail Asia Awards 2022
																					
							Their retail excellence is attributed to customer-centred marketing strategies and the creation of acquisition hubs.
						
					
					
				etaily and Landmark win Digital Initiative of the Year - Philippines at the 17th Retail Asia Awards
																					
							By connecting online and offline worlds, Etaily and Landmark developed unique shopping experiences for their customers. ‘Phygital’ gives retailers the opportunity to reinvent themselves and inspire digitally-savvy consumers with an integrated experience.
						
					
					
				Weekly News Wrap: Ambani’s kin to head Reliance’s retail arm; China Tourism Group to relaunch Hong Kong listing plan
																					
							And an Australian appliance chain pauses its facial recognition trial.
						
					
					
				A.S. Watson invests $114.7m more in tech to improve customer experience
																					
							Priorities for investment include O+O solutions and in-store technologies.
						
					
					
				 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
						 
						 
				 
								 
								 
								 
																					
											
																			 
																					
											
																			 
																					
											
																			 
																					
											
																			 
                