Inside Retail Asia breaking news, supplier information, product launches and consumer campaigns within the Indonesian retail sector.
Indonesia Latest News - Inside Retail Asia
Declining health-and-beauty and convenience-store sales and a subdued Maxim’s food business took the shine off Dairy Farm Group’s first half year.
High class Malaysian jeweller Aurora Italia International will extend its e-commerce efforts to build sales growth in the coming year.
Clobbered by the crushing effects of the coronavirus pandemic, thousands of retailers from Bangkok to Singapore have rushed to set up online shops on big e-commerce platforms to stay afloat this year.
Retail sales in Indonesia have seen the sharpest drop in 12 years, according to a Reuters report based on information from the nation’s central bank.
Undeterred by the advent of Covid-19, Brazilian flip-flop brand Havaianas is investing US$50 million into expansion of its retail footprint across Asia-Pacific between now and 2024.
Indonesian cafe chain Maxx Coffee has launched its first international outpost in Singapore as a first move towards expansion in Asia.
Indonesian online furniture retailer Fabelio has raised US$9 million in a Series C funding round led by Taiwanese venture firm AppWorks.
Retail sales in Indonesia have fallen by 16.9 per cent during the month of April compared to last year’s figures, according to government data.
Grab has expanded its grocery-delivery service GrabMart into eight Southeast Asian markets within the last three months.
Southeast Asian fashion group FJ Benjamin opened five new online stores for recognised international fashion labels, with more to come, as it pivoted online in the wake of trading restrictions during the Covid-19 crisis.
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.