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In a move to regain customer loyalty in China, American athletic wear giant, Nike, is taking control of its online product distribution. The company aims to drive consumers to official Nike channels and implement full-price sales as it faces increasing…
As part of its agenda to curb perceived unfair competition from online retailers like Shein, Temu, and AliExpress, Europe has initiated a €3 charge on low-value e-commerce imports from China that were previously duty-free. This move constitutes a significant…
Sa Sa International, a leading cosmetics retailer listed in Hong Kong, concluded the previous fiscal year with a significant boost in sales and profits. The company’s annual profit, which ended on March 31, witnessed an impressive growth of 160.5% amounting…
Alibaba, the Chinese technology behemoth, is set to revolutionize the way consumers search for products online. The company plans to link its artificial intelligence (AI) system Qwen to Taobao and Tmall’s online catalogues, which together comprise over 4…
In Singapore, three prominent online retailers, namely Boarding Gate, Origin Sleep, and Light In The Box, have been implicated in deceptive practices aimed at manipulating consumers’ purchasing behaviors. These retailers were found to be manipulating elements…
The retail sector in Singapore experienced further growth in March, building on the momentum gained in February. The Department of Statistics reports a 3.3% year-on-year increase in retail sales for March, not counting motor vehicles, parts, and accessories.…
For over a decade, a small-town barbecue and hotpot restaurant enjoyed a regular and content clientele, primarily consisting of employees from a neighboring industrial park. The eatery was particularly bustling over the weekends, basking in the laudatory…
In the coming year, France is set to present a significant challenge to online retailers, such as Shein, according to the country’s Minister for Small and Medium-Sized Businesses, Serge Papin. He spoke out on the issue last Thursday, explaining that these…
In 2025, Vietnamese consumers significantly increased their online spending, with daily expenditures reaching over VND1.17 trillion (US$44.5 million). This figure represents the aggregated sales of the country’s four dominant e-commerce platforms: Shopee,…
British high-end grocery retailer Fortnum & Mason has announced the closure of its primary store and accompanying restaurant located at K11 Musea. The closure, scheduled for January 25, concludes the company’s independent operations in the city, following a…
Swedish furniture giant, Ikea, has announced that it will be shutting down seven of its outlets in China, effective from February 2. The decision was revealed in a statement issued by the company on Wednesday. The targeted locations for the shutdown include a…
The health and beauty retail giant, Mannings, has declared that it will shutter all its physical stores in Mainland China and cease its online activities. The company frames this move as a strategic repositioning, representing a culmination of nearly 22 years…
Starting from 2026, Malaysia has decided to raise the age restriction for social media registration to 16 years old. This decision was announced at a recent cyber scam awareness seminar, led by Minister of Communications, Datuk Fahmi Fadzil. The Malaysian…
Beginning January next year, Thailand will impose taxes on all foreign goods sold through online platforms, thereby ending the current exemption on low-value imports priced under 1500 baht (US$46.30). Creating a Fair Market According to Panthong Loikulnan,…
Thailand is set to impose taxes on all foreign goods sold through online platforms starting from January of next year. This move marks an end to the existing exemptions granted to low-value imports that are priced under 1500 baht (US$46.30). Creating a Fair…
In the first three quarters of the year, consumers in Vietnam have shown a growing preference for e-commerce, spending approximately VND34 trillion (US$1.3 billion) per month on popular platforms such as Shopee, TikTok Shop, Lazada, and Tiki. According to…
