Stores
Reliance Retail’s Hamleys launches in Italy
Reliance Retail’s Hamleys launches in Italy
Giocho Preziosi S.P.A. is the toy retailer’s franchisee.
Starbucks China promotes COO to executive vice president, co-CEO
Molly Liu’s appointment will take effect on 2 October.
L’Oréal names China CEO, North Asia Zone president
Vincent Boinay’s appointment will be effective in February 2024.
Central Retail launches GO Wholesale
It targets business operators and small retailers, amongst others.
Former Starbucks CEO retires from board
Howard Schultz stepped down as CEO in March.
KKR to invest around $250m in Reliance Retail Venture
The investment company will now hold a 1.42% stake in RRVL.
Here are the top 10 fastest-growing APAC retailers
Indonesia’s GoTo Gojek Tokopedia PT and Singapore’s Sea Ltd. are taking the lead.
L’Oréal completes Aesop acquisition
It entered a deal with Natura &Co to purchase Aesop.
7-Eleven launches in Laos
Laos is the 20th country entered by 7-Eleven.
Foodpanda, DFI Retail Group partner to enable one-hour grocery delivery
The platform’s users can buy close to 20,000 grocery items through the app.
Reliance Retail Ventures forms JV with clothing brand Ed-a-Mamma
Reliance will hold a majority stake in the JV.
How appliance retailers boost e-commerce sales through DTC channel
They need to understand customer needs and overcome technical challenges.
Japan’s Seven & i sells Sogo & Seibu to Fortress Investment Group unit
The company aims to focus on its convenience store businesses.
Philippines’ Jollibee to acquire majority share in its Hong Kong franchisee
It will hold a 60% share in Meko Holdings for $16.08m.
Wolverine World Wide sell Hush Puppies IP in China
It will continue to own and operate the Hush Puppies brand in other markets.
Central Retail unit’s revenue could reach $285.2m
Central Marketing Group has over 40 lifestyle brands in its portfolio.
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.
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