Indonesia Latest News - Inside Retail Singapore

Honestbee has shut down in five countries

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 freezes operations as funds dry up

Honestbee is freezing operations in Hong Kong and Thailand and laying off staff as it urgently seeks investment to stave off collapse.

V-More launches luxury redemption range

Singapore-based shopping rewards platform V-More has launched a luxury fashion range for redemption.

Lazada beefs up cross-border business across Southeast Asia

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 CEO says restructure will take five years

Dairy Farm Group has warned shareholders that its restructure will take five years to complete.

Belgian Waffle Co heads to Southeast Asia

India’s Belgian Waffle Co chain is to expand into Southeast Asia.

Online fashion market Zilingo wins US$226m in funding

Singapore online fashion market Zilingo has achieved capital investment of $226 million in a new funding round.

International sales bolster McDonald’s results

Strong international sales ensured respectable McDonald’s results in the latest quarter.

LVMH achieves record result, with profit up 21 per cent

The world’s largest luxury retailer LVMH shrugged off broader market pessimism overnight reporting record revenue of €46.8 billion last year.

Apple sales and profit slip as iPhone demand tumbles

Tumbling iPhone demand drove an uncharacteristic decline in Apple sales in the first quarter trimming back its profit for the period.

Zilingo looks to expand offline

Southeast Asian-focused e-commerce platform Zilingo is likely to venture into offline retail this year.

Southeast Asia’s online retail market set to grow at 23 per cent

Southeast Asia’s online retail market is expected to reach US$53 billion in the next five years.

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