393 stories in this topic
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…
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…
While customers continue to make purchases across various channels, several retail businesses struggle with outdated and disconnected systems.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…
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…
Fast Retailing, the Japanese firm that owns the popular clothing brand Uniqlo, reported a 45.7% quarterly profit surge, despite facing challenges from the Iran war’s impact on supply chains and logistics. Achieving this milestone puts the company on track for…
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),…
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.…
Fast Retailing, the Japanese company that owns global clothing brand Uniqlo, has revised its full-year forecast, indicating yet another year of record growth. This comes on the back of a stronger-than-expected surge in quarterly earnings, attributed to…
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…
Shein, a Chinese online retailer popular for its fast-fashion offerings, emerged victorious after the Court of Appeal in Paris dismissed France’s plea for the suspension of the platform. The court’s decision came in the aftermath of a controversy where the…
Hong Kong’s premier supply chain manager, Li & Fung, has recently entered into a licensing contract with C&C California. This agreement grants Li & Fung exclusive rights to wholesale distribution across all retail platforms, including full-price, off-price,…
Wild Tech has commenced an engagement with Metro Department Store Singapore to support the retailer’s transition away from a long-running legacy environment and into the Microsoft Dynamics 365 ecosystem. Metro is one of Singapore’s established department…
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…
Omnichat, a notable omnichannel AI platform, recently conducted the third iteration of the Commerce Leadership Forum at Meta Singapore’s facility. The forum saw an assemblage of high-ranking leaders across various sectors, arranged to discuss the…