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UNIQLO temporarily suspends operations in Russia amidst conflict
UNIQLO temporarily suspends operations in Russia amidst conflict
The company also condemned all forms of aggression that violate human rights.
Kuwait household spending to grow 6.7% in 2022
It is expected to reach $31.9b, surpassing pre-pandemic spending levels.
Greater China, APAC drag Adidas’ sales growth in 2021
The market reduced Adidas’ revenue growth by €1.5b.
Central Retail expands in Thailand’s Eastern Economic Corridor
The company will open a new shopping center – Robinson Lifestyle and Robinson Department Store Ban Chang.
Philippines' URC net income surges 109% YoY to $465.4m in 2021
This is on the back of the sale of its Oceania business.
Asia’s retail experts to converge in Retail Asia Summit 2022
Notable speakers will lead various discussions in the two-day summit.
UNIQLO Japan same-store sales drop 14%YoY in February
Total sales, including online sales, also declined 11.4%
UNIQLO to pilot curated space for female shoppers in SG
The flagship store for women will be located at the ION Orchard store in Singapore.
Philippines-based SariSuki bags $7.1m in funding round
The company is aiming to build an e-grocery platform in the country.
JD-controlled JV pairs with CNSC to boost duty-free business
The JV with Lagardere Travel Retail also seeks to expand their duty-free operations.
Alibaba ramps up benefits for employees
Employees could have seven days paid family care leave per year.
Alibaba’s Ele.me sets aside $3.2m to cut commission on merchants
The subsidy allows reduced commission for covered merchants for at least 15 days.
Reliance invests majority stake in clothing brand Abraham & Thakore
The brand focuses on bringing a modern, unconventional take on Indian handlooms.
Weekly News Wrap: Amazon and Future Group agree to talks; Shopee exits France months after launch
And the founder of China’s Haidilao has stepped down as CEO.
Singaporean shoppers don’t skip ads: survey
Most shoppers click on ads and buy products, Criteo found.
AllDay rolls out first ‘smart carts’ in its Philippine stores
This gives consumers more autonomy in shopping in-store.
More than 60% of older consumers in SG still shop want in-store
This is even as more Singaporeans purchase in-app.
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This has already led to improved click and conversion rates for the group.
