Stores

SKS Capital invests in South Korea’s Grace

The $5m raised will be used for Grace’s business expansion.

Retailers could bear the brunt of Malaysia’s proposed luxury tax

Introducing a tax on luxury items may send Malaysian consumers, tourists flying off on shopping sprees abroad.

FJ Benjamin opens new concept store in Singapore

A 40-seater cafe and bar are open for customers.

New products, rewards and payment methods could attract budget-conscious consumers

Experts cite brands’ ingenious strategies to draw customers like tapping into their interest in games and virtual reality. Cautious spending among...

Indian consumers may shift to packaged spices, seasonings

Around 28% of younger millennials plan to switch to single spices and 35% to masala mixes.

CP All net profit to grow 9% YoY in Q1 2023

This is due to increased tourism and domestic consumption.

UNIQLO to expand in Luxembourg

The first Luxembourg store will span 950 square metres over three floors.

Watsons China to open 300 physical stores this year

This will help accelerate its Offline Plus Online platform strategy.

Hermès sales in Asia up 23% in Q1 2023

Sales were boosted by the Chinese New Year.

Shakey’s Pizza net profit surpasses pre-pandemic levels in 2022

This is thanks to the rise in dine-in sales and the expansion of its store network.

Giordano sales up 6% YoY in Q1 2023

Its same-store sales registered a 16.1% growth.

Creating space for Gen Zs’ ‘personal brand’ with augmented reality

More than 3 out of 5 Gen Zs think AR will make life easier.

Century Pacific Food net income up 6% YoY in FY22

Its revenue increased by 14% boosted by its branded businesses.

IKEA owner buys 195MW solar parks in Australia

The three solar parks can generate 340GWh of electricity.

L'Oréal to acquire Australian beauty brand Aesop

The transaction will close in the third quarter of the year.

Miniso to expand to four new markets

The company also plans to revamp its stores overseas.