All articles by Jangoulun Singsit

Jangoulun Singsit

Giordano seeks 100 points-of-sale in India by next fiscal end-of-year

The retailer aims to double its revenue to Rs1.5bn ($17.5m) up to 2026.

Copec and Grabango to upgrade convenience stores across South America

Grabango’s technology will help retailers improve shopper loyalty and store operations.

Watches of Switzerland’s group revenue drops 0.5% in H1 FY24

The company’s statutory profit before tax dropped 20% on a reported basis in H1 FY24 to £67m ($84m).

Aldi announces pay rise for hourly paid employees in UK

The rises are in line with the Real Living Wage announced by the UK Living Wage Foundation in October 2023.

lululemon athletica reports net revenue growth of 19% in Q3 FY23

The retailer posted diluted earnings per share of $1.96 in Q3 FY23 compared with $2 in Q3 FY22.

Morrisons and M&S agree to stop using unlawful land agreements

The two retailers were involved in a combined total of 65 anti-competitive deals between 2011 and 2020.

Zoovu introduces fully optimised generative AI solution for e-commerce

The new solution will provide recommendations based on customers’ requirements and preferences.

Nobis enters Chinese market with three store openings

The new stores mark the first step in Nobis’ joint venture with China’s luxury fashion brand Ellassay.

Roots posts 9% decline in total sales in Q3 FY23

Direct-to-customers sales, which include corporate retail store and e-commerce sales, dropped by 8.2% to C$52.20m.

Luxury fashion brand Prada aims to double business in China

Mid-term expansion will not necessarily mean an increase in store openings across the country,