Indonesia Latest News - Inside Retail Singapore

Tencent and Hillhouse Capital invest in Miniso

Tencent and Hillhouse Capital have invested RMB1 billion (US$146 million) into fast-growing Chinese discount retailer Miniso.

O2O platform Fave raises US$20 million

Southeast Asian mobile O2O platform Fave has raised more than US$20 million in a Series B round from strategic and existing investors.

Coca-Cola to pay US$5.1 billion for Costa Coffee

Coca-Cola has agreed to buy UK cafe chain Costa Coffee from listed hotel operator Whitbread for US$5.1 billion.

Parkson Retail Asia posts loss as sales dive in Vietnam

Vietnam operations continue to be at the bleeding edge of Parkson Retail Asia’s ongoing losses.

Uniqlo Southeast Asia network will double

The Uniqlo Southeast Asia and Oceania store network is set to double by 2022 to about 400 stores.

% Arabica confirms Singapore launch

Kyoto-headquartered coffee chain % Arabica Coffee is to open its first store in Singapore.

Metro Holdings Singapore retail sales decline

Metro Holdings’ Singapore retail business posted a 7.6 per cent decline in sales during the first quarter of this year amidst “difficult trading conditions”. Metro has three Metro-branded dep…

RebateMango offers online rebates across loyalty programs

RebateMango, a new e-commerce platform dedicated to rebates has launched in Southeast Asia.

Puma chief talks about fakes, fast product cycles and a foray online

Puma is on a roll. Southeast Asia GM explains the secrets to the brand’s success in the region.

Indonesian fashion startups pop up in Singapore

Bekraf, the Indonesian Creative Economy Agency, has opened a pop-up store to showcase Indonesian fashion startups.

Asia’s large format retailers set for steady growth

Global research organisation IGD has reported that Asia’s large format retailers are set to grow 3.3 per cent a year to 2022.

Dairy Farm restructures as food fuels solid sales growth

“Underperforming” subsidiaries and rising rent and labour costs are disturbing the chairman of Hong Kong-listed multinational retailer Dairy Farm International.

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