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Sea Limited, a Singaporean company, experienced robust sales and profit growth during the second quarter of this year. The growth was fuelled by a strong performance across the company’s three main divisions. The company, which is listed in the US, reported a…
The European Commission has recently accused Temu, a Chinese online retailer, of failing to adequately cooperate during an investigative raid in December last year. The raid was conducted at Temu’s European headquarters in Dublin and forms part of an ongoing…
While customers continue to make purchases across various channels, several retail businesses struggle with outdated and disconnected systems. These systems were designed during a simpler time and are now proving to be inadequate in handling the dynamic…
Luxury fashion retailer Moncler has reported a strong momentum in sales growth, driven predominantly by its expanding presence in Asia. Strong Performance Across Moncler and Stone Island Brands The first half of their financial year saw a significant rise in…
Ferrero, a globally recognized confectionery brand, is venturing into new categories, offering retailers a chance to expand their growth. The company’s commitment to quality, local manufacturing, and exceptional execution is supporting this expansion. As…
Flying Tiger Copenhagen, a Danish variety store chain renowned for its affordable home goods and craft kits, has been acquired by Modella Capital, a UK-based private equity firm. Established in 1995, Flying Tiger Copenhagen operates nearly 1000 outlets in…
Temu, a prominent Chinese online retailer, has been penalized with a €200 million (US$232 million) fine by European Union (EU) tech regulators for their apparent laxity in addressing the sale of prohibited products on its platform. The judgement came as part…
Isetan, a Japanese department store chain offering a variety of products ranging from home goods to fashion and beauty items, has recently shuttered its outlet located in NEX shopping mall, Singapore. This closure comes to fruition after a successful 15-year…
KKV, a leading Chinese lifestyle retailer, has paved its way into Hong Kong, initiating its first store at the bustling Lee Tung Avenue. Phase of Expansion This unveiling signifies yet another step in the brand’s strategy to strengthen its presence in the…
Pull&Bear, a renowned Spanish fashion label, has decided to withdraw its presence from Singapore following the closure of its remaining outlet at VivoCity Mall. The final day the store was open for business was February 22, 2026, as indicated by an…
Sa Sa International, the prominent Hong Kong beauty retailer, has reported a widespread increase in sales during the fiscal third quarter. After a lengthy phase of dwindling profits, which the company previously attributed to a “languid macroenvironment”, Sa…
Lifestyle retailer Oh!Some has expanded its operations into the Philippines by launching its inaugural flagship store at One Ayala in Makati. The Oh!Some Brand Oh!Some has a reputation for its unique, intellectual property-driven merchandise. In keeping with…
In November, Singapore’s retail sales, excluding motor vehicles, saw an upswing of 5.8%, making it the most substantial rise recorded for the year 2025. Singapore’s Retail Landscape Data provided by the Department of Statistics indicates that the estimated…
Woolworths, a major retail group, has announced a rise of 2.7 percent in its total sales for the first quarter of the current fiscal year. The increase, which pushed the company’s revenue to $18.5 billion, is mainly due to a surge in food sales and the…
Gap Inc. has joined forces with Google Cloud in a multi-year partnership aimed at fast-tracking the company’s tech strategy through the application of artificial intelligence (AI). The overarching objective is to bolster operations and improve consumer…
In the face of ever-changing tariffs and an increase in living costs that have impacted consumer spending, many brands are struggling to maintain a physical retail presence, let alone expand it. However, one international retailer is boldly rising to this…
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