Australia’s supermarket behemoth, Coles, has announced that it will be outsourcing numerous jobs to India through a strategic alliance with Accenture, management consultants. This move comes as a result of the intensifying competition within the retail…
As customers are increasingly leveraging ChatGPT and Google’s Gemini for product recommendations, retailers are looking to capitalize on the opportunity by making their products appear prominently in chatbot search results. However, they are wary of…
Retail sales in Singapore experienced increased growth in June, with most sectors seeing improvements, with the most significant ones being recreational goods, watches, and jewelry. According to the Department of Statistics, retail sales—excluding motor…
The moment has arrived: Retail News Asia is now running on a brand-new platform. Over the past few days we worked hard to make this move happen, and we’re proud of the result. But just as important to us is taking a moment to recognize the people we do this…
The Personal Data Protection Commission (PDPC) of Singapore is currently conducting an inquiry into a cybersecurity event involving fashion retailer Love, Bonito. The company revealed recently that a vulnerability on its website might have exposed some of its…
Retail News Asia, the leading platform for retail news and analysis across Asia with over 13.6 million readers, has completed a migration to a new platform over the past few days. The transition is now finished, and the editorial team is fully operating on…
On Monday, AliExpress, Alibaba’s subsidiary, was slapped with a record-breaking €550 million (US$629 million) fine by the European Union for its failure to address sales of illegal, dangerous and counterfeit items on its platform. This penalty is considered…
Vicca Ng has been appointed as the Chief Operating Officer (COO) of Hextar Retail, a Malaysian retail conglomerate. Ng’s new role takes effect immediately and she will continue to supervise the group’s retail operations, in addition to serving as an executive…
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…
In March, Hong Kong’s retail sector saw a 12.8% increase in sales compared to the same month in the previous year. This marks the 11th consecutive month of growth, according to recent government data. Sales touched HK$33.9 billion (US$4.33 billion),…
Reliance Retail, the premier retailer in India, has recently added the Anomaly haircare brand, owned by globally renowned actor Priyanka Chopra Jonas, to its portfolio. Strategic Acquisition of Anomaly Anomaly was established by Chopra Jonas in 2021. It…
The Hong Kong-based DFI Retail Group has recently announced a steady increase in sales for the first quarter of the year, primarily fueled by their health and beauty sector. Driving Growth with Health and Beauty Excluding cigarette sales, the DFI Retail Group…
Metro Retail Stores Group (MRSGI) has achieved remarkable revenue growth in FY25, exceeding the PhP40-billion (approximately US$662.8 million) milestone. This growth was fueled by consistent sales growth, margin expansion, and ongoing network development.…
The Market Surveillance Department has issued fines totaling VND215 million (US$8,163.74) to seven retail stores in Da Nang, Vietnam for selling fake merchandise from brands such as Gucci and Nike. The shops, located in popular tourist areas Son Tra and Hoi…
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…
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…