Indonesia Latest News - Inside Retail Asia
Global personal luxury goods market growth has reached a “new normal” pattern, following back-to-back years of strong performance in 2017 and 2018
Indonesian retail sales rose 6.7 per cent in April – a rate higher than Bank Indonesia had predicted.
Amorepacific’s luxury skincare brand Sulwhasoo has launched on Lazada.
Zara Vietnam’s revenue has reached US$73 million last year.
Indonesian e-commerce company Tokopedia is expanding its one-day delivery guarantee to almost all of its products as it prepares to battle Amazon and other foreign rivals.
Shiseido and AS Watson have been close partners for years – now they are about to get even closer.
Retail and chemical giant Lotte Group is ramping up efforts to tap deeper into Southeast Asia and advanced economies, as sales in China, once its biggest overseas market, continue to fall. Industry sources told Yonhap that overseas sales of the conglomerate came to 8.9 trillion won (US$7.49 billion) in 2018, up 7.2 per cent from a year earlier. It marks a turnaround from a near 7 pe…
Quick-service restaurant firm Yum China Holdings is seeking entry for Little Sheep into the Thai hotpot market, reportedly worth US$156.7 million.
Tapestry, the parent of Coach, Kate Spade and Stuart Weitzman, plans to open about 100 stores in Asia this year, most of them in China.
Indonesian state-owned pharmaceuticals firm Kimia Farma is considering expanding into Vietnam by acquiring a local company.
Takashimaya says it is evaluating opportunities to open department stores in the Philippines, Malaysia and Indonesia.
Dairy Farm International has reported like-for-like sales growth in four of its five operating divisions in the first quarter.