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L’Oréal Groupe, partners unveil luxury beauty brand SHIHYO
L’Oréal Groupe, partners unveil luxury beauty brand SHIHYO
Its flagship store will open in South Korea.
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.
Consumer spending in China to see ‘steady growth’
Spending is projected to grow by 6.5%YoY in 2023.
Suntory net profit grows 14.5% in first nine months
Its net profit amounted to JPY68b.
AllHome posts P702m profit in first nine months
Its revenue stood at P9.10b over the same period.
Central Retail profit soars over 150% in Q3
Its profit stood at THB1.25b.
South Korea's small stores lag behind big department stores in sales
Small supermarkets and groceries only saw a 0.4% sales growth.
Weekly News Wrap: Chinese brands dominated Singles Day best-sellers; Alibaba did not disclose 11.11 sales for the first time
And Shein opens its first physical store in Tokyo.
Philippines’ consumer spending to rise 5.5% YoY in 2023
This is slower than the 7.6% YoY forecast this year.
Consumer spending in Vietnam to see ‘solid growth’ in 2023
Spending is expected to increase by 7.3% year-on-year.
Shakey’s Pizza net income reaches P454m in first 9 months
This is coming from a P35m loss in the same period in 2021.
South Korea’s Coupang to remain profitable amidst funding crunch: report
The company’s net profit stood at $91m in the third quarter.
South Korea’s Coupang posts record net profit in Q3
Its net income stood at $91m.
Yeezy termination drags adidas 2022 outlook
The company ended the Yeezy partnership in October.
Philippines’ SMFB sustains ‘strong’ growth in first nine months
The company also registered its quarterly highest revenue since 2018.
Crocs’ APAC revenue soars 65.5% YoY in Q3
It has 153 stores across the region.
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