Philippines Latest News - Inside Retail Singapore

Shrinking Forever 21 may seek bankruptcy protection

Californian fast-fashion retailer Forever 21 is reportedly preparing to file for bankruptcy protection after failing to reach a deal to refinance its heavy debt load.

Shopee signs Cristiano Ronaldo

Southeast Asian/Taiwanese e-commerce platform Shopee has appointed global football icon Cristiano Ronaldo as its newest brand ambassador.

Dairy Farm sales lift through acquisitions, restructuring

Hong Kong-headquartered Dairy Farm sales surged by 13 per cent in the first half of the year to US$13.8 billion.

Honestbee back in business with new CEO and backers

Struggling grocery delivery company and grocer Honestbee has a new CEO who has promised to revive the business with the support of investors.

Jollibee to buy The Coffee Bean & Tea Leaf for US$350 million

Philippine restaurant operator Jollibee Foods is to buy US cafe brand The Coffee Bean & Tea Leaf outright for US$350 million.

Same-store sales fall for Chow Tai Fook

Jeweller Chow Tai Fook says same-store sales in its Hong Kong home market and Macau fell by 11 per cent in the June quarter.

Lazada to launch its first Mid-Year Festival

Lazada will hold its first Mid-Year Festival on July 12.

Mr Jeff plans Singapore and Philippines expansion

Spanish on-demand laundry startup Mr Jeff plans Singapore and the Philippines expansion.

Singapore digital accessories chain Uniq enters the Philippines

Singaporean gadget and mobile accessory brand Uniq has opened its first Philippine store.

Dairy Farm sales rise in four business divisions

Dairy Farm International has reported like-for-like sales growth in four of its five operating divisions in the first quarter.

Honestbee CEO departs, opening the way for fresh funding

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 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.

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