News
Hong Kong average retail vacancy rate hits three-year record low in Q2
Hong Kong average retail vacancy rate hits three-year record low in Q2
Leasing activities recover as Hong Kong’s retail sector continues to improve.
Overall retail vacancy in China’s 16 major markets down to 11.01% in Q2
Brands are opening their first stores or are accelerating their expansion in China.
Payment cards lead e-commerce payments in UAE
Alternative payments are the second most preferred payment method.
E-commerce platform Temu launches in the Philippines
Temu will have to compete with e-commerce giants such as Shopee and Lazada.
UNIQLO names COO to lead global expansion
Board Director Daisuke Tsukagoshi’s appointment will take effect on 1 September.
Retail sector amongst leading GenAI talent recruiters
Amazon.com has a job posting for Machine Learning Architect.
Roark Capital acquires Subway
Subway accounts for 14% of the global sales in the bakery products limited-service restaurants sector.
Qatar Investment Authority to invest $1b in India’s Reliance Retail Ventures
It will now hold a 0.99% stake in RRVL.
Tims China targets opening 1,700 Popeyes restaurants
It opened its flagship store in Shanghai.
Starbucks Malaysia launches Signing Store in Borneo
Signing Stores create job opportunities for the deaf, and hard-of-hearing people.
Marimekko expands to Vietnam, Malaysia
It signed a franchise deal with Jaspal Group for its growth in Asia.
JD.com, Gucci ink digital partnership
Gucci will open its flagship online store on the e-commerce platform.
Coty renews license partnership deal with adidas
Adidas could leverage the growing well-being and athleisure trend.
How Australians navigate retail spending amidst cost-of-living pressures
Omnichannel retail is projected to continue due to demand for hybrid shopping.
Zalora integrates AI for enhanced customer experience
AI also helped the company in automating production services.
Daraz launches AI ChatBot AskDaraz
This will improve customer experience as it offers personalised recommendations.
How beauty brands can penetrate the Japanese market
They can leverage on K-Beauty products and traditional ingredients, amongst others.
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This has already led to improved click and conversion rates for the group.
