1+ hour, 37+ min ago   (473+ words) He stressed that expansion in the region should be built on resilience, not just ambition. Asia’s FMCG sector remained resilient in 2025, although growth moderated as cautious consumer spending and economic uncertainty pressured household budgets. Consumers increasingly prioritised value. At the…...

23+ hour, 3+ min ago   (167+ words) Store’s interior is designed to resemble a lively seafood market. Olive Young has opened its new design-focused store, Olive Young Millac The Market, in Gwangalli, Busan, as the area grows into a global K-beauty destination. Located in the waterside commercial…...

2+ day, 1+ hour ago   (177+ words) Partnership targets more than $22m in sales Wellcome Hong Kong has signed a strategic partnership with CJ Foods, a business unit of CJ CheilJedang, to bring more than 100 Korean food products to customers in Hong Kong. The partnership targets more than…...

2+ day, 23+ hour ago   (133+ words) Food and beverage spending decreased by 1.3%. Japan’s household spending fell 3.6% in real terms in July from a year earlier, marking its eighth consecutive monthly decline, Xinhua reported, citing government data. The decline was the steepest since January 2024, when spending fell…...

2+ day, 23+ hour ago   (723+ words) Retailers that design appropriate products, formats, staff development, and supplier partnership can build positions that price cannot erode. Global retailers entering Japan, China, and South Korea routinely localise their products, formats, and pricing. The ones that fail are often those…...

3+ day, 14+ hour ago   (189+ words) Recreational goods and watches and jewellery led annual gains, whilst the online share declined. Retail sales increased 1.5% YoY at current prices in July, slowing from 4% growth in June, according to the Department of Statistics. Excluding motor vehicles, parts and accessories,…...

1+ week, 1+ day ago   (143+ words) Department store sales rose across all categories. South Korea’s total sales at 26 major retailers—15 brick-and-mortar and 11 online retailers—rose 6.4% year on year in July, with offline sales up 3.2% and online sales up 8.5%. During the month, sales shares by channel were…...

1+ week, 22+ hour ago   (315+ words) Underlying inflation reached 3.6% as household consumption faces a flat outlook. Australian retail spending reached $28.87b (AU$40.13b) in July, up 6.1% from a year earlier, but inflation left real retail growth modest as households remained cautious over discretionary purchases. Annual growth strengthened from…...

2+ week, 2+ day ago   (336+ words) Nearly half of shoppers were willing to pay at least a 10% premium for ESG products. The share of Hong Kong fashion practitioners sourcing or selling environmental, social, and governance (ESG)-related products and services rose to 46% in 2026, from 33% in 2025, according…...

2+ week, 2+ day ago   (224+ words) Makro Philippines is set to open stores in four Ayala Land mixed-use estates in Luzon under newly signed land lease agreements, expanding its presence across Metro Manila and Southern Luzon. The agreements cover Cloverleaf in Balintawak, Quezon City; Broadfield in…...