Monday, October 21, 2019
By: ystats.com A new publication released by Germany-based secondary market research company yStats.com “Philippines B2C E-Commerce Market 2019” is the title of a new publication predicted that online retail sales in the Philippines will grow, as spurred by increasing Internet...
By: Ian Nicolas Cigaral, Philstar Eight Philippine companies made it to Forbes magazine’s inaugural “Asia's 200 Best Over A Billion 2019,” which lists top-performing listed companies in the Asia-Pacific region with revenues of $1 billion or more. Out of 3,200 listed companies...
By: Aine Cain, Business Insider The specter of the retail apocalypse still hangs over the whole industry. And the latest gloomy numbers from the U.S. Bureau of Labor Statistics indicates that it's not going anywhere soon. After reviewing its statistics on...
By: Agence France Presse Walmart lifted its full-year profit forecast Thursday after better-than-expected results on solid US consumer spending, reflecting confidence that trade frictions will not significantly dent earnings. Amid rising fears of a US recession, the world's biggest retailer said...
By: Inside Retail Asia Hong Kong retail sales in June fell – but not by as much as many were expecting. Official figures from the Census and Statistics Department (C&SD) show a 6.7 percent decline year-on-year in June, somewhat higher than...
The Spanish fast fashion behemoth has made a bold move to steer its industry to a more environmentally friendly future for textiles. Inditex, Zara's parent company, announced that all the polyester, cotton and linen it uses will be sustainably...
By: Dean Blake, Inside Retail Asia Quick service restaurant KFC announced last week it is investing $1.5 million in a “completely new concept for the fast food industry” – a first of its kind drive-thru-only restaurant. Located in Newcastle, NSW, the...
By: Inside Retail Asia Taiwanese shaken ice-tea brand Chatime has incorporated large areas of 3D-painted walls into the interior design of the tea shops in a move to target female customers who enjoy taking photos in its Japanese stores. The vivid...
By: Jason Yu, Kantar Worldpanel The eighth annual China shopper report from Kantar Worldpanel China and Bain & Company reveals that FMCG growth remains robust, growing at a rate of 5.2%, slightly faster than the previous year’s 4.7%. The report...
By: Inside Retail Asia Levi Strauss Asia sales grew 12 percent in the second quarter (on a constant-currency basis) with strong performance across both wholesale and direct-to-consumer channels. Globally, the denim-led lifestyle-fashion retailer achieved 9-percent growth on a constant-currency basis, however...
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