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Japanese retail giant Seven & I, proprietor of the international 7-Eleven chain, saw its share price increase by 3% on the Tokyo stock market this past Friday. This rise comes amidst discussions of the corporation’s potential acquisition of a share in Zabka…
A significant fire broke out at Coupang’s No. 32 logistics center located in Incheon, west of Seoul, prompting an evacuation of surrounding businesses and factories due to structural collapse concerns. The fire, which originated on the building’s sixth floor…
To celebrate the 130th anniversary of its iconic Monogram pattern, the globally renowned Louis Vuitton has unveiled its new ‘Monogram 130’ collection. The collection presents a fresh interpretation of the signature motif across a variety of leather goods.…
In a bid to streamline border operations and facilitate smoother trade of agricultural goods, particularly durian exports, Vietnam’s Department of Customs has instructed its local sub-departments to hasten customs clearance processes at border checkpoints.…
In the unofficial trading market on Saturday morning, the U.S. dollar experienced a decline against the Vietnamese dong. The greenback was sold 0.04% lower at VND26,410 at these non-official trading spots. Meanwhile, Vietcombank, a significant financial…
Every Half, a Vietnamese coffee chain, recently raised $8 million in a Series A funding round with participation from current investors Openspace Capital and DSG Consumer Partners. This funding will be utilized to fuel the company’s expansion across Vietnam,…
Internationally renowned retailer, Marks & Spencer, has announced the reopening of its Pantheon flagship outlet on Oxford Street in London. The renovated store will not only offer an enhanced shopping experience but will also serve as a pilot project for…
Chinese lifestyle brand Tagi has embarked on its first international venture with the launch of a physical retail outlet at CentralWorld in Bangkok. Positioned on the second tier of the mall’s Eden Zone, this store presents a broad selection of the…
Shein, the fast-fashion retailer, is looking at a tough road ahead as it aims for a valuation of up to US$50 billion in its highly anticipated IPO in Hong Kong. This is mainly due to new fees imposed on e-commerce parcels in Europe, which are expected to…
Uber, one of the leading global mobility and food delivery platforms, has confirmed its decision to acquire another significant player in the industry, Delivery Hero. The agreement, which values Delivery Hero at approximately €13.0 billion (US$14.8 billion),…
In the evolving retail environment, merchants are faced with an abundance of platforms and technologies to engage with customers. This, according to Mastercard’s SVP of consumer acquisition and engagement, Johann Suchon, has given rise to a new challenge:…
Swedish furniture giant, Ikea, anticipates a substantial increase in its investment in India, aiming to reach a total of US$2.2 billion by 2030 as part of its aggressive expansion strategy. Doubling Investments Patrik Antoni, the CEO of Ikea India, revealed…
