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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.

Mixed results for Giordano International

Hong Kong casual apparel brand Giordano International has reported a small increase in sales for last year – and a small dip in profit.

Uniqlo and JW Anderson collaborate again

Japanese apparel retailer Uniqlo and JW Anderson, the globally influential London-based fashion brand have collaborated on a new collection.

Belgian Waffle Co heads to Southeast Asia

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

Lazada to ramp up grocery retail offer

Lazada Group has announced plans to ramp up its supermarket business in Southeast Asia.

International sales bolster McDonald’s results

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

Alibaba Group sales surge 41 per cent

Alibaba Group sales soared 41 per cent in the December quarter as its customer based neared 700 million.

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.

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.

Gong Cha bubble tea could fetch US$442 million

South Korean private equity firm Unison Capital is selling its Gong Cha bubble tea franchise in a deal likely to fetch up to US$442 million.

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.

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