Stores
Henkel to acquire Shiseido’s APAC Hair Professional business
Henkel to acquire Shiseido’s APAC Hair Professional business
Shiseido will retain 20% share in the Japanese entity to back business growth.
Malaysia’s wholesale, retail trade sales reach $310b in 2021
Wholesale and retail trade sales in December grew 3.5% YoY to $28.8b.
Apple opens newly expanded Abu Dhabi store
The store double its original size back when it launched in 2015.
Suntory Beverages to make 50% of its bottles from recycled materials
This is in line with its 2030 target to use 100% sustainable PET bottles.
JFC sets $347.4m capital expenditure for 2022
A portion will be used for their new stores and renovations.
KFC Singapore eyes 40% increase in breakfast sales in next 3 years
The fast-food chain will be increasing its ad spend to achieve this.
Vietnam’s retail sales recover after two years of 'underperformance'
The industry grew by 1.1% and 1.3% in November and December last year.
Breitling opens largest flagship store in South Korea
The two-storey Breitling Townhouse in Hannam includes a restaurant and café.
Vietnam’s household spending to rise 5.7% YoY to $123.4m in 2022
This is due to the expected gradual lifting of restrictions this year.
Amazon India to launch initiatives for women entrepreneurs in Karnataka
The company will extend the benefits of its “Saheli” program to train women merchants.
Weekly News Wrap: Seven & i rebuffs criticisms from investor; Future Retail’s lenders urges putting assets up for auction
And Starbucks China reels over airport cafe closures and low traffic to offices.
India’s grocers to gain in redefining its core value proposition
The grocers can start by evaluating their consumers’ spending behaviours.
Japanese multinational fast-food chains reel over potato shortage
The shortage has pushed McDonald’s Japan to temporarily drop some offerings.
H&M India to roll out home decor products in spring
Its H&M Home products will also be introduced in its existing stores in India.
These naturally sustainable stores in Asia are leading in development
These are L’Occitane and Starbucks Greener Store, according to IGD.
Muji, Fairprice Xtra amongst world’s Store of the Future: report
The IGD also named Giant in the US, Asda in the UK, and four others.
Philippines' Figaro Coffee Group bares 2022 expansion plans
For the first quarter, it plans to open five Angel’s Pizza outlets.
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