SPC Group, owner of Paris Baguette, announced it is opening two more Paris Baguette locations in Indonesia in March, as the South Korean café makes further inroads in Southeast Asia.…
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EXCLUSIVE INTERVIEW with Indonesia’s beauty brand Somethinc
Retail in Asia had the pleasure to interview Irene Ursula, Somethinc’s founder and a serial beauty entrepreneur. Together we discussed the beauty market in Indonesia, the rise of Asia homegrown …
Indonesian Beauty Brand Y.O.U raises US$40 million in new funding round
In February, GLP’s China-based venture capital unit Hidden Hill Capital has led a US$40 million Series C round in Indonesia’s global beauty brand Y.O.U. The new capital will be largely use…
Indonesia’s retailer Eigerindo partners with Aptos to accelerate product development process
In February, Indonesia’s retailer Eigerindo MPI, has deployed Aptos’ PLM solution to improve the product design, development and assortment planning processes for their 122,000 SKUs and 250 stores acr…
Indonesian e-commerce market to grow by 23.8 percent in 2022
According to data and analytics company GlobalData, Indonesia’s e-commerce market is expected to register a robust 23.8 percent growth in 2022 and reach IDR420.8 trillion (US$30 billion) in 2022…
Starbucks opens Coffee Experience Centre in Bali, Indonesia
Starbucks announced a new addition to the Starbucks Dewata Coffee Sanctuary in Bali, Indonesia, with the opening of a new Coffee Experience Centre that celebrates Indonesia’s coffee heritage and showc…
Card payments in Indonesia to grow by 10.7 percent in 2022
Indonesia’s card payments market, which was affected by COVID-19 pandemic, is on the path of recovery supported by gradual rise in consumer spending. The card payments market is anticipated to g…
Indonesia’s F&B chain Kopi Kenangan raises US$96 million in Series C funding
On 27th December, Indonesia’s fast growing retail F&B chain, Kopi Kenangan, announced that it has raised US$ 96 million in the first closing of a Series C funding, giving the company a valu…
Exclusive Interview with Indonesian eyewear disruptor SATURDAYS
Retail in Asia had the pleasure to interview SATURDAYS co-founder, Rama Suparta, to discuss the brand’s mission, the eyewear market in Indonesia, the brand’s omnichannel strategy and future plans.…
Yili Group launches the Region’s Largest Ice Cream Production Base in Indonesia
Asian dairy producer Yili Group has officially launched the first phase of the Yili Indonesia Dairy Production Base. Upon completion of its second phase, the new production base will become the region…