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Fast Retailing, the Japanese firm which owns the Uniqlo brand, has upgraded its yearly forecast, anticipating another year of record-breaking profits driven by strong international expansion. The company reported a 29.4% increase in operating profits during…
In February, retail sales in Singapore experienced a significant surge, partially attributed to the shifting timing of the Chinese New Year. According to data released by Singapore’s Department of Statistics, retail sales, excluding automobiles and related…
Vietnam’s retail sector experienced significant growth in the first quarter, with sales figures revealing a year-on-year increase of 10.9%. This rise is largely attributed to increased consumer spending over the holiday period, in addition to a significant…
Big Caring Group, Malaysia’s premier pharmacy retail chain, is gearing up for an initial public offering (IPO) as part of its strategic plan to strengthen its standing in the country’s burgeoning retail health sector. A Promising IPO Based in Kuala Lumpur and…
February saw a significant upswing in Hong Kong’s retail sales, with a 19.3 per cent surge compared to the same month in the previous year. This marks a full 10 months of consistent gains, demonstrating the robust health of the retail sector. Broad-Based…
Swedish furniture giant Ikea is broadening its reach in India with the inauguration of a new 3000 square foot store in Pune. This move is a continuation of the company’s assertive expansion across the country, adding to its already established locations in…
Misto Holdings is set to broaden its reach in the Greater China region, bringing a multitude of Korean fashion brands to the rapidly growing market. The company’s portfolio consists of brands such as Matin Kim, Marithé+François Girbaud, Raive, and Rest &…
Miniso, a leading retailer, has unveiled its inaugural ‘Miniso Friends’ concept store in Malaysia. This move aligns with the company’s initiative to expand its intellectual property-centered retail and experiential schemes throughout Southeast Asia. Store…
Miniso, a prominent retail brand, has launched its inaugural Miniso Friends concept store in Malaysia. This move aligns with the company’s pursuit to enlarge its unique intellectual property (IP) driven retail model and immersive shopping experiences across…
The prime office space vacancy rates in Hong Kong’s central business district have once again dipped into single figures for the first time in over two years, marking a resurgence in demand within the previously struggling office market. A Turnaround in…
In the competitive world of retail, customer satisfaction is key, and the avocado industry is no exception. A common issue faced by both retailers and consumers is determining the ripeness of an avocado on a supermarket shelf. Avocados Australia, an industry…
Alibaba, China’s largest e-commerce firm, reported a modest 1.7% increase in third-quarter revenue, significantly below expectations. However, more concerning was the staggering 66.3% drop in net income, largely due to heavy spending on one-hour delivery and…
Central Food Retail, a division of Central Retail, is broadening its operations via a collaboration with Emart, a South Korean retailer, to introduce No Brand, a store model focused on value, in Thailand. First No Brand Store in Thailand The No Brand store,…
Reliance Retail, a major Indian retail company, has successfully acquired the skincare and wellness brand, Pahadi Local. Pahadi Local, established in 2018, is well-regarded for its clean ingredient formulations, ethical sourcing practices, and sustainable…
Swiss sportswear brand On has recently unveiled its grandest flagship store to date. This store is located at Shenzhen MixC World, China. This move is part of the brand’s ongoing effort to expand its retail footprint in one of its most rapidly expanding…
Beams, a prominent fashion and lifestyle retailer originating from Japan, is gearing up to establish a flagship store in Los Angeles, significantly expanding its influence in the US market. Expanding Retail Space This new retail location will cover…
