Uniqlo Aims to Grow Tenfold in India With Summer-Centric Clothes
The Japanese brand is accelerating its expansion in India to capture a greater share of the rapidly growing apparel market and affluent consumer base.
Singapore
Global Markets
Singapore’s Zilingo to Liquidate After Crisis at Fashion Start-Up
Zilingo Pte is set to enter liquidation, capping a months-long crisis that shocked Asia’s technology and start-up industries.
Singapore’s Zilingo to Liquidate After Crisis at Fashion Start-Up
Zilingo Pte is set to enter liquidation, capping a months-long crisis that shocked Asia’s technology and start-up industries.
Global Markets
Zilingo COO Quits in Latest Blow for Singapore Start-Up
Aadi Vaidya, who joined the company in 2015 and became the COO two years later, confirmed his resignation when contacted by Bloomberg News. Friday is his last day at the company, Vaidya said in his response.
Zilingo COO Quits in Latest Blow for Singapore Start-Up
Aadi Vaidya, who joined the company in 2015 and became the COO two years later, confirmed his resignation when contacted by Bloomberg News. Friday is his last day at the company, Vaidya said in his response.
Global Markets
Zilingo’s Fired CEO Responds to Questions of Mystery Payments
The fashion e-commerce platform terminated her employment after an investigation into claims of what it called “serious financial irregularities” and said it “reserves the right to pursue appropriate legal action.”
Zilingo’s Fired CEO Responds to Questions of Mystery Payments
The fashion e-commerce platform terminated her employment after an investigation into claims of what it called “serious financial irregularities” and said it “reserves the right to pursue appropriate legal action.”
Global Markets
Temasek-Backed Zilingo Seeking $200 Million in Funding
The Singapore-based company is working with Goldman Sachs Group Inc. on the potential fundraising deal that could boost its valuation to over $1 billion, said the people, who asked not to be identified as the process is private.
Temasek-Backed Zilingo Seeking $200 Million in Funding
The Singapore-based company is working with Goldman Sachs Group Inc. on the potential fundraising deal that could boost its valuation to over $1 billion, said the people, who asked not to be identified as the process is private.
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Global Markets
Shein on Singapore Hiring Spree as It Shifts Key Assets
China’s Shein is aggressively expanding its Singapore office after making a Singapore firm its de facto holding company, according to people with knowledge of the matter and a Reuters analysis of filings by the online fast-fashion retailer.
Shein on Singapore Hiring Spree as It Shifts Key Assets
China’s Shein is aggressively expanding its Singapore office after making a Singapore firm its de facto holding company, according to people with knowledge of the matter and a Reuters analysis of filings by the online fast-fashion retailer.
Global Markets
Shopee’s Q3 Revenue Up 134%
The Singapore-based e-commerce giant reported an 80.6 percent boost in gross merchandise value (GMV) year-on-year, with total orders up 123.2 percent year-on-year.
Shopee’s Q3 Revenue Up 134%
The Singapore-based e-commerce giant reported an 80.6 percent boost in gross merchandise value (GMV) year-on-year, with total orders up 123.2 percent year-on-year.
Global Markets
Singapore’s Shopee Expands to France as Part of European Push
The e-commerce giant that has driven sales for brands like Sulwahsoo and Calvin Klein in Southeast Asia this week unveiled a localised platform for the French market, in a move that will see it come up against global retail giants like Amazon and Alibaba.
Singapore’s Shopee Expands to France as Part of European Push
The e-commerce giant that has driven sales for brands like Sulwahsoo and Calvin Klein in Southeast Asia this week unveiled a localised platform for the French market, in a move that will see it come up against global retail giants like Amazon and Alibaba.
Global Markets
Singapore’s Carousell Acquires Sneaker Marketplace
Carousell Group, which includes C2C marketplace Carousell, Vietnam’s Chotot and Malaysia’s Mudah, has added to its fashion resale arsenal by buying Ox Street, one of Southeast Asia’s fastest-growing managed marketplaces for authenticated streetwear.
Singapore’s Carousell Acquires Sneaker Marketplace
Carousell Group, which includes C2C marketplace Carousell, Vietnam’s Chotot and Malaysia’s Mudah, has added to its fashion resale arsenal by buying Ox Street, one of Southeast Asia’s fastest-growing managed marketplaces for authenticated streetwear.
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Global Markets
Singapore’s Carousell Raises $100 Million for Regional Expansion
Carousell Group, which includes C2C marketplace Carousell, Vietnam’s Chotot and Malaysia’s Mudah, secured $100 million in a funding round led by
Singapore’s Carousell Raises $100 Million for Regional Expansion
Carousell Group, which includes C2C marketplace Carousell, Vietnam’s Chotot and Malaysia’s Mudah, secured $100 million in a funding round led by
Global Markets
Sources: Singaporean E-Commerce Giant Shopee to Debut in Europe With Poland Launch
Sea Ltd’s Shopee is preparing to launch in Poland and is currently recruiting sellers, two company sources with knowledge of the matter told Reuters.
Sources: Singaporean E-Commerce Giant Shopee to Debut in Europe With Poland Launch
Sea Ltd’s Shopee is preparing to launch in Poland and is currently recruiting sellers, two company sources with knowledge of the matter told Reuters.
Global Markets
Singapore Retail Sales Jump 25% as Southeast Asian Hub Vows to ‘Live With Covid’
In June, the market’s retail sales totalled $2.43 billion in a year-on-year boost of 25.8 percent, Retail in Asia reports.
Singapore Retail Sales Jump 25% as Southeast Asian Hub Vows to ‘Live With Covid’
In June, the market’s retail sales totalled $2.43 billion in a year-on-year boost of 25.8 percent, Retail in Asia reports.
Global Markets
Shopee Outpaces Tokopedia in Indonesian E-Commerce Race
The Singaporean e-tail platform’s $14.2 billion GMV puts it slightly ahead of local giant Tokopedia, with GMV also around $14 billion, while
Shopee Outpaces Tokopedia in Indonesian E-Commerce Race
The Singaporean e-tail platform’s $14.2 billion GMV puts it slightly ahead of local giant Tokopedia, with GMV also around $14 billion, while
The News in Brief
Oasis Pressures Kao in Latest Japan Activist Investor Push
Activist fund Oasis Management Co. is calling on the Japanese personal care company to convene an extraordinary general meeting, seeking a probe into its supply-chain risk management and internal control.
American Eagle Forecasts Sales Growth Above Estimates on Demand From Wealthy Shoppers
The retailer surpassed annual sales forecasts but expects a $60 million drag from import tariffs in the first half of 2026.
Missoni Family Exits Namesake Brand
The transaction gives FSI, a Milan-based private equity fund, a controlling share in the Italian luxury house, as more founder-owned brands turn to investors to fund growth and weather a tough global market.
Ross Stores Forecasts Annual Sales Above Estimates on Resilient Demand for Discounted Apparel
Spend growth at off-price chains is among the strongest in retail, with gains across all income segments.
Abercrombie & Fitch Forecasts Muted Annual Sales Amid Tariff Uncertainty
The retailer said it was accounting for the 15 percent tariff announced by US president Donald Trump after the Supreme Court struck down most of his earlier tariffs.
Makeup by Mario Appoints Global President
Melissa Sperau, formerly of Shiseido, will join the US prestige cosmetics maker effective March 6.
Bath & Body Works Forecasts Annual Sales Decline on Muted Spending
The US fragrance giant forecast a steeper decline in annual sales than anticipated by Wall Street, as budget-conscious shoppers pull back on buying scented candles and fragrances.