Inside Retail Asia breaking news, supplier information, product launches and consumer campaigns within the Indonesian retail sector.
Indonesia Latest News - Inside Retail Asia
Southeast Asian non-franchise grab-and-go beverage retailer Kopi Kenangan has raised US$109 million in Series B funding led by the firm’s existing investor, Sequoia Capital.
Singaporean homewares retailer Iuiga has received SG$10 million (US$7 million) in Series A funding from Indonesian conglomerate Konimex.
Lazada has partnered with Southeast Asian fintech startup Alumak to provide online merchants with working capital during the Covid-19 pandemic.
Shopping behaviour in Asia will be redefined by the Covid-19 crisis, according to new research from retail solutions provider Tofugear, Digital Consumer in Asia 2020.
Zalora is positioning itself as the first online fashion retailer in Southeast Asia to create a sustainable fashion ecosystem, achieving positive change in environmental impact, and inspiring customers to shop in a more conscious way.
New research has shown that some shifts in Asian consumer behaviour in response to the coronavirus outbreak could be lasting beyond the pandemic.
Indonesian retail sales declined by 0.8 per cent year on year during February, due to a decline in demand for clothing and less recreational spending.
Asian omnichannel fashion brand Pomelo has launched Pomelo Cares, an initiative to support the community and frontline medical sector during the coronavirus pandemic.
The Indonesian retail sector has begun to shut down in the wake of the coronavirus crisis, with shopping centres and retail chains voluntarily closing the doors to non-essential categories.
Southeast Asian e-commerce platform Shopee is partnering with Shiseido Asia Pacific to propel the growth of Japanese beauty products in Southeast Asia.
Giordano group sales fell 11.9 per cent last year to US$624.6 million with sales at physical stores falling by 9.6 per cent and to franchisees by 24.2 per cent.
Southeast Asian smartphone sales rose last year, bucking the global trend, according to new data from market research house GFK.