News
Hypebeast, Jun open first Hypegolf store in Japan
Hypebeast, Jun open first Hypegolf store in Japan
The store will also be home to the first Hypebeans café in Japan.
APAC brands reinvests highest percentage of revenue in media spend
Around 4.6% of the brand revenue of APAC brands was spent on advertising.
Malaysia to record ‘healthy’ spending growth in 2022: Fitch
It posted a three-year high 29.9% growth in retail sales in May.
FMCG Asia Awards 2022 opens doors for nominations
Entry submission will close on 07 October 2022.
First Nike Style concept store opens in South Korea
It is located in Hongdae in the capital Seoul.
Philippines’ Emperador lists on SGX main board
It aims to generate 50% of its sales from outside the Philippines by 2025.
Around 9 in 10 SG SMEs export to over 10 int’l markets
The average number of international destination markets in Singapore is 35.
Amazon launches Japan products on Singapore platform
These feature popular brands such as Pokemon, Nintendo, and Bandai.
JD Worldwide launches physical experience center in Xi’an
The centre showcases various products such as food, liquor, and supplements.
Central Retail, GULF partner for solar power production
They invested $2.5m to establish Greengen Energy.
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.
Central Retail eyes investing over $862.2m in Vietnam in the next 5 years
It plans to be to number one omnichannel platform in Vietnam.
Philippine-based liquor firm to join SGX main board on 14 July
It will be the first Philippine-listed company to hold a secondary listing on SGX.
Malaysia posts highest wholesale, retail trade sales since 2013 in May
It increased by 19.9% YoY to around $29.4b.
Costco completes purchase in 45% stake in Taiwan business
The company operates 14 warehouses in Taiwan.
Alibaba’s RT mart launches bottle recycling initiative in China
Empty plastic bottles will be transformed into table tennis tables.
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.