Vietnam Latest News - Inside Retail Singapore

Handsome man with shopping trolley touching tomato in order to define its quality in fruit and veget

Global grocery markets growth fuelled by Asia, says IGD

Global grocery markets are likely to generate an additional US$1.9 trillion in sales by 2023, led by Asian countries, according to new research data.

lazada

Lazada commits to removing counterfeit South Korean goods

Lazada has pledged to remove any counterfeit South Korean goods from its platform.

Joyful Young Asian Women Shopping Together In Store

Not delivering on customer experience costs retailers in Asia

Nearly two-thirds of consumers in Asia will no longer shop with a retailer after just one poor customer experience.

Owndays

Owndays plans 500 stores across Asia after capital injection

LVMH-back private equity fund L Catterton Asia has partnered with Mitsui & Co to take an unspecified stake in Owndays.

Parkson

Another loss for Parkson Retail Asia

Struggling department store operator Parkson Retail Asia has hinted it may close further stores as it posted yet another loss.

Luxasia

Luxasia Vietnam targets millennials

Luxasia Vietnam is already offering 20 brands, with more to come.

Miniso

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.

Costa coffee

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 Vietnam

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.

La-Lola

Philippines’ Salad Stop and La Lola Churreria restaurants to go global

Philippines private equity firm MFT Group is investing US$3 million to expand its Salad Stop and La Lola Churreria restaurant brands overseas.

BUSAN, SOUTH KOREA - MAY 25, 2017: close up shot of a Uniqlo sign at Lotte Mall in Busan. Uniqlo Co.

Uniqlo Southeast Asia network will double

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

Potato Corner

Potato Corner launches in Singapore

Filipino fast food chain Potato Corner has launched at Somerset Mall in Singapore.

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