Reporting and analysis on retail, e-commerce, and consumer trends in Malaysia, updated continuously by our newsroom.
Scottsdale, Ariz.-based Cold Stone Creamery has signed a master franchise agreement with Srivijaya Sdn. Bhd. to expand its presence into Malaysia. The company plans to roll out 20 stores over the next five years, beginning with a location in Kuala Lumpur.…
Petron Corp. saw its consolidated net income in the first semester surge 56 percent year-on-year to P8.2 billion this year from P5.3 billion last year, despite supply issues brought about by refinery maintenance. The oil refiner and retailer said in the first…
Malaysia’s Axiata Group has reported a strong 115.5% year-on-year surge in Q2 profit to 479.1 million ringgit ($112.2 million) due in part to record-high revenue. Group revenue increased 13.9% year-on-year and 3% sequentially to 6.1 billion ringgit, despite…
Telekom Malaysia has reported a 51% year-on-year increase in net profit for the second quarter, as forex gains more than compensated for declining revenue. Net profit for the period reached 210.48 million ringgit ($49.3 million), with the operator reporting a…
Gucci Pavilion KL has reopened in Kuala Lumpur, after the Italian label closed its Malaysian flagship to be redesigned in the taste of current creative director Alessandro Michele. Located on the second and third floor at Pavilion Kuala Lumpur, the…
Just days after its parent company announced an exit from Indonesia, 11street Malaysia says it is confident of its long-term growth prospects. 11street is effectively the online business unit of giant Korean telco SK Telecom, which last week said it was…
Swedish furniture retailer Ikea is to open a regional distribution and supply chain centre for Asean in Malaysia. According to Malaysian media, the facility will cost about RM908 million (US$212 million), and serve the existing 12 stores in the Ikea Asean…
In a challenging market, intimate-wear enterprise Cosmo Lady (China) Holdings had a 6 per cent dip in revenue to about RMB2.07 billion (US$310.9 million) for its first half. Announcing its interim results, the company says the decline was mainly because of…
AirAsia, the biggest budget carrier in Asia, is training thousands of its staff to fight human trafficking, becoming one of the first airlines in the continent to crack down on the global crime. Companies have come under increased pressure to tackle human…
Datuk Seri Najib Tun Razak launched AirAsia’s direct flight from here to Shenzhen, China. The new route is expected to further develop Langkawi as a world-class tourist destination. AirAsia Group chief executive officer Tan Sri Tony Fernandes thanked Najib…
OIA Global, a logistics, packaging and material sourcing provider, announced its Southeast Asia expansion with the opening of its first company-owned office in Kuala Lumpur, Malaysia. OIA’s decision to open the office, is driven by customer growth, and the…
Etude House Malaysia launches its first flagship store today, at Sunway Pyramid in Selangor, complete with customisable lipsticks. The Korean skincare brand’s new store features a “Find Your Look” section offering a choice of nine signature looks, a makeup…
NEC Corporation of Malaysia and Netcracker have teamed up with red Hat, Juniper Networks and Dell EMC to launch a multi-vendor 5G-ready virtualization platform for operators and enterprises in Malaysia. The companies will launch a full SD/NFV solution capable…
Sephora Malaysia will open its 19th store at the Sky Avenue mall, in Genting Highlands on September 1. The beauty retailer will feature up to 100 international brands including Dr. Jart+, Fresh, Kat Von D, Marc Jacobs Beauty, Tarte. Product categories range…
Revenue fell by 6.3 per cent for lifestyle retailer CP Lotus Corporation for its first half, dipping by RMB337.1 million (US$50.5 million) to RMB4.9 billion. It says the decrease was mainly the result of a 9.1 per cent decline in same-store sales, cushioned…
Ikea Malaysia will open its first store in the north at the end of next year, in Penang. Ikano, which owns the franchise for the Swedish furniture giant for Malaysia as well as Singapore and Thailand, teamed up with Aspen Group to buy 99 ha of land in Batu…
Free background guides on how retail works in this market.
Malaysia
A middle-income market with heavy mall supply, strong halal requirements and a real split between the Klang Valley and everywhere else.
Asia Market Guides · 10 min read
Malaysia
Segments, digital behaviour, price sensitivity and the buying patterns that shape assortment and promotion in Malaysia.
Asia Market Guides · 8 min read
Malaysia
How last-mile delivery works in Malaysia, what drives cost per drop, and how to set a service promise you can keep.
Asia Market Guides · 8 min read
Malaysia
Who the landlords are, how leases are structured, what drives rent, and how to choose a location in Malaysia.
Asia Market Guides · 8 min read
Weekly Briefing
Tuesday, Thursday and a Saturday Weekly Wrap: the retail stories, numbers and moves that mattered across Asia. Nothing else, and you can unsubscribe in one click.
Read by retail operators, investors and brand teams across Asia.