News
Misto Holdings Swings into Solid Q1 Profit Boosted by Golf Gear and K-Fashion Surge
1+ hour, 42+ min ago (202+ words) Misto Holdings, the South Korean fashion and golf corporation, has announced an impressive surge in their first-quarter earnings, owing to robust demand for K-fashion labels and golf equipment. The company reported a 4. 2% year-over-year increase in revenue, generating KRW 1. 3 trillion (US…...
Fast-Fashion Titan Shein Acquires Everlane in $100 M Deal: A New Dawn in US Apparel Retail
1+ hour, 43+ min ago (190+ words) Companies such as Shein and Temu have significantly disturbed the local retail sector, employing aggressive pricing, strategic marketing, and capitalising on tax loopholes. These tactics originally provided them with a substantial advantage over their local competitors. Reports surfaced in March…...
Shopee Slapped with $7700 Penalty for Misleading Free Shipping Promotions in Vietnam
1+ hour, 29+ min ago (262+ words) Shopee, Singapore's leading online retail platform, has recently been penalized VND200 million (US$7, 700) by the Vietnam Competition Commission (VCC) due to deceptive advertising practices linked to a free shipping campaign initiated in August 2025. During the promotional period, roughly 94% of orders were shipped…...
Cambodia Adjusts 2026 Growth Forecast Down to 4. 2% Amid Global Crises and Climate Change Impacts
1+ hour, 34+ min ago (180+ words) Retail News Asia Cambodia Adjusts 2026 Growth Forecast Down to 4. 2% Amid Global Crises and Climate Change Impacts The Cambodian Government has revised its economic growth expectation for 2026, dropping it from an earlier prediction of 5% to a more conservative 4. 2%. Prime Minister Hun…...
Bread Ahead Bakes Up Asian Expansion: Launches First Store in Bangkok with Exclusive Doughnut Delights
1+ hour, 36+ min ago (316+ words) UK-based bakery company, Bread Ahead, has initiated its Asian expansion strategy with the inauguration of its first outlet in Thailand, located in Siam Paragon, on May 30. This marks a significant milestone for the brand as it looks to expand its…...
Chow Tai Fook Unveils Spectacular Global Flagship Store in Tsim Sha Tsui, Showcasing Chinese Craftsmanship in Grand Style
1+ hour, 42+ min ago (279+ words) The Chinese jewelry giant, Chow Tai Fook, has recently unveiled its global flagship store in Tsim Sha Tsui. This spacious establishment, spanning a whopping 10, 000 square feet, ranks as the brand's most extensive outlet in both Hong Kong and Macao. The…...
Singapore and Thailand Rank High on Worlds Happiest Economies Index
3+ day, 1+ hour ago (520+ words) Singapore's high ranking is attributed to a robust labor market characterized by a mere 2. 0% unemployment rate, a 1. 2% inflation rate, and a real GDP per capita growth of 4. 3%. Thailand followed closely in third place, with a score of 3. 1, buoyed by low…...
Johor Eateries Resist Price Hikes Amid Surging Ingredient Costs, but Future Increase Likely
4+ day, 2+ hour ago (340+ words) Even as the cost of raw materials rises, food service operators in Johor, the southernmost state of Malaysia, have not yet increased their prices. However, if the Middle East conflict continues, these increases may become unavoidable. Hussein Ibrahim, the Secretary…...
Konvy Bags $15 M from Cool Japan Fund to Boost Japanese Beauty Brands in Southeast Asia
4+ day, 2+ hour ago (361+ words) Konvy, a renowned Thai retailer specializing in beauty and healthcare products, recently received a $15 million investment from Japan's Cool Japan Fund (CJF). This strategic partnership aims to stimulate demand for Japanese beauty and healthcare brands across Southeast Asia. CJF's investment…...
Delivery Hero CEO Niklas Ostberg Announces Planned Departure amid Strategic Shift
4+ day, 2+ hour ago (256+ words) Niklas Ostberg, the founder and CEO of Delivery Hero, has announced that he will be stepping down from his executive role after 15 years steering the global food delivery enterprise. The company has initiated a hunt for Ostberg's successor, aiming to…...