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1 week ago | 
insideretail.com.au | Tong Van
At first glance, Yum China’s latest earnings look like a modest win. Operating profit rose 7 per cent year-on-year in the first quarter of 2025 to US$399 million, restaurant margins expanded and the company opened nearly 250 net new stores. Revenues surged 1 per cent year on year to US$3 billion. “We achieved a solid first-quarter performance amid an uncertain market environment,” said Joey Watt, CEO of Yum China.
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2 weeks ago | 
insideretail.asia | Tong Van
At first glance, Yum China’s latest earnings look like a modest win. Operating profit rose 7 per cent year-on-year in the first quarter of 2025 to $399 million, restaurant margins expanded and the company opened nearly 250 net new stores. Revenues surged 1 per cent year on year to $3 billion. “We achieved a solid first-quarter performance amid an uncertain market environment,” said Joey Watt, CEO of Yum China.
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2 weeks ago | 
insideretail.asia | Tong Van
Following a $50 million Asset Enhancement Initiative (AEI), City Square Mall is attempting what may seem like a retail paradox: leveraging AI and immersive design to make its physical spaces feel more human. Retailtainment, a buzzword that once felt like marketing fluff, is now increasingly central to the survival of physical retail.
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2 weeks ago | 
insideretail.com.au | Tong Van
Bhavani Shankar Mishra has stepped into a new role as managing director of Foodpanda Singapore with a clear mission: to deepen customer trust, strengthen merchant and rider partnerships and push the boundaries of quick-commerce innovation. Inside Retail caught up with Bhavani to hear about his career journey, leadership lessons and vision for the future. Inside Retail: Can you share a bit about your career journey and what led you to join Foodpanda in 2018?
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2 weeks ago | 
insideretail.asia | Tong Van
Bhavani Shankar Mishra has stepped into a new role as managing director of Foodpanda Singapore with a clear mission: to deepen customer trust, strengthen merchant and rider partnerships and push the boundaries of quick-commerce innovation. Inside Retail caught up with Bhavani to hear about his career journey, leadership lessons and vision for the future. Inside Retail: Can you share a bit about your career journey and what led you to join Foodpanda in 2018?
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2 weeks ago | 
insideretail.asia | Tong Van
As tariff walls rise, so are retail prices. From Chinese power banks to French handbags, companies large and small are quietly passing on their higher costs to consumers. The impact of President Donald Trump’s new tariffs is rippling across supply chains and shopping carts alike. Amazon sellers have begun raising prices on hundreds of top-selling items, CNBC reported, as import costs climb. The retail battlefield, already reshaped by years of trade tension, is entering a new, costlielier phase.
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3 weeks ago | 
insideretail.com.au | Tong Van
In a week when geopolitical tension flared and investor confidence in Chinese listings on Wall Street remained fragile, one unlikely contender steeped in tradition broke through the noise. Chinese tea chain Chagee closed its first trading day on the Nasdaq with a 14 per cent gain. Its shares, priced at US$28 for the IPO, opened at US$33.75 and touched US$41.50 before settling, pushing its market valuation to US$6.2 billion.
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3 weeks ago | 
insideretail.asia | Tong Van
In a week when geopolitical tension flared and investor confidence in Chinese listings on Wall Street remained fragile, one unlikely contender steeped in tradition broke through the noise. Chinese tea chain Chagee closed its first trading day on the Nasdaq with a 14 per cent gain. Its shares, priced at US$28 for the IPO, opened at US$33.75 and touched US$41.50 before settling, pushing its market valuation to US$6.2 billion.
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3 weeks ago | 
insideretail.asia | Tong Van
Anko, an everyday home goods brand owned by Australia’s Kmart Group, a division of Wesfarmers, is preparing to unveil its third and largest store in the Philippines this July. With this 1634sqm space, the brand isn’t just selling storage boxes and table lamps, but the idea that a stylish lifestyle can be accessible, global and deeply local all at once. Anko’s expansion is swift and quietly ambitious.
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3 weeks ago | 
insideretail.asia | Tong Van
Starting May 1, American shoppers browsing Hermes’ opulent boutiques for a $12,000 Birkin or a $3000 silk coat will find themselves paying even more. Hermes announced it will raise prices in the US in response to the imposition of tariffs. Eric du Halgouet, CFO of Hermes, said during the group’s earnings call that the price rise is expected to “fully offset” the effects of a 10 per cent universal tariff imposed by President Donald Trump’s administration earlier this month. onth.
