Latest Business News - Inside Retail Asia

China retail sales growth ‘brisk’ in April

China retail sales posted solid growth in April, despite concerns over a slowing economy and the Sino-US trade war.

Malaysian bubble-tea chain Tealive parent mulls $72 million IPO

Loob Holding, parent of Malaysian bubble-tea chain Tealive, is preparing an IPO in Malaysia with a view to raising US$72 million.

Singapore retail sales slipped in March

Singapore retail sales slid by 1.5 per cent in March, after excluding motor vehicle sales from the data.

Hong Kong restaurant sales rise while retail sales slip

Retail sales may be down but Hong Kong restaurant sales rose by 3 per cent in the first quarter of this year.

Slight dip in Hong Kong retail sales in March

Hong Kong retail sales in March slipped by a negligible 0.2 per cent.

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.

Shandong Ruyi seeks to raise $500m in US IPO to pay for

Chinese textile and retail investment company Shandong Ruyi will list an IPO for its recently acquired The Lycra Co. in the hopes of raising around US$500 million.

Marquee Brands acquires Martha Stewart, Emeril Lagasse

Marquee Brands has acquired Martha Stewart and Emeril Lagasse from Sequential Group.

Asian grocery market to top US$4.264 trillion by 2023

The Asian grocery market will generate US$4.264 trillion of sales by 2023 – almost the same as Europe and North America combined.

Singapore retail sales plunge due to CNY timing

Singapore retail sales plummeted 10 per cent year on year in February.

Are you a flexitarian? Futurist plots new trend

Business futurist Morris Miselowski has hypothesised the coming emergence of the flexitarian diet and its potential impact on the food industry.

Surprise fall in Hong Kong retail sales

Hong Kong retail sales fell 1.6 per cent in the first two months of this year.

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