Indonesia Latest News - Inside Retail Singapore
Dairy Farm International has reported like-for-like sales growth in four of its five operating divisions in the first quarter.
Honestbee CEO and cofounder Joel Sng has stepped away from the business, clearing the way for a fresh round of investment.
Honestbee has shut down or suspended operations in five countries as it seeks funding to continue to trade in its core markets, including home base Singapore.
Honestbee is freezing operations in Hong Kong and Thailand and laying off staff as it urgently seeks investment to stave off collapse.
Singapore-based shopping rewards platform V-More has launched a luxury fashion range for redemption.
Lazada is boosting its cross-border operations for international brands and merchants to after its cross-border sales quadrupled over the last three years.
Dairy Farm Group has warned shareholders that its restructure will take five years to complete.
India’s Belgian Waffle Co chain is to expand into Southeast Asia.
Singapore online fashion market Zilingo has achieved capital investment of $226 million in a new funding round.
Strong international sales ensured respectable McDonald’s results in the latest quarter.
The world’s largest luxury retailer LVMH shrugged off broader market pessimism overnight reporting record revenue of €46.8 billion last year.
Tumbling iPhone demand drove an uncharacteristic decline in Apple sales in the first quarter trimming back its profit for the period.