Retail Asia
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Shoppers plan to increase holiday spending in 2024
Shoppers plan to increase holiday spending in 2024
Despite the optimism, many consumers remain focused on finding the best deals.
JY Group acquires 50% stake in Northern Sydney Mall for $707.79 m
JY Group acquires 50% stake in Northern Sydney Mall for $707.79 m
It has benefitted from a $444.02m capital investment completed in 2016.
Indian brands innovate to meet growing demand for novelty and customisation
Indian brands innovate to meet growing demand for novelty and customisation
Consumers are now seeking novelty and uniqueness along with the important dietary considerations.
Shopee Malaysia achieves 8x sales growth for brands during 10.10 Festival
Shopee Malaysia achieves 8x sales growth for brands during 10.10 Festival
It also saw a six times rise in orders for Shopee Mall brands.
Revlon names new CEO
Revlon names new CEO
She replaces Elizabeth Smith, who has been serving as interim CEO since August 2023
APAC consumers increasingly choose green cosmetics
APAC consumers increasingly choose green cosmetics
They are rejecting synthetic ingredients due to their perceived harm to skin and ecosystem.
Here are 7 consumer types every brand should know
Here are 7 consumer types every brand should know
These segments are based on psychographic and behavioral data.
Retail leaders urge swift adaptation to tech disruption
Retail leaders urge swift adaptation to tech disruption
Innovations such as leveraging AI and optimising supply chains were deemed crucial to the future of retail.
Shakey’s Pizza Asia eyes US expansion
Shakey’s Pizza Asia eyes US expansion
The registration is expected to be completed on 27 October.
Global sustainable plastic packaging market to grow to $122.4b by 2029
Global sustainable plastic packaging market to grow to $122.4b by 2029
A key driver includes the focus on reusable packaging to meet environmental goals.
How can Aussie supermarkets win back weary customers wary of prices?
How can Aussie supermarkets win back weary customers wary of prices?
Consumers demand transparency as the industry is investigated for price gouging.
Luxury beauty brands shift focus back to brick-and-mortar retail in SEA
Luxury beauty brands shift focus back to brick-and-mortar retail in SEA
Consumers today prefer trying multiple products in person, an expert said.
Lukfook launches first ‘Lukfook Joaillerie’ store in Macau
Lukfook launches first ‘Lukfook Joaillerie’ store in Macau
The group aims to expand its global retail presence and tap into the premium market.
Global hair styling equipment market to reach $3.71b by 2028
Global hair styling equipment market to reach $3.71b by 2028
It is driven by the increasing demand for advanced styling tools.
Exclusives
Genting Singapore net profit down 5% to $578.9m in FY2024
Revenue rose 5% to over $2.5b.
Zhongxin Fruit and Juice records $4m net profit in HY2025
![Zhongxin Fruit and Juice records $4m net profit in HY2025]()
However, the gross profit margin decreased to 16.3% from 18.4%.
Stores
Toys ‘R’ Us Asia banks on ‘kidults’ to drive toy sales
![Toys ‘R’ Us Asia banks on ‘kidults’ to drive toy sales]()
Teens and adults aged 12 years and over are buying beloved toy brands from the 80s and 90s.
E-commerce
Meta is investing big in business messaging
![Meta is investing big in business messaging]()
Companies can boost sales by reaching more customers on Messenger, Instagram and WhatsApp.
Stores
MINISO opens biggest global store in Jakarta
![MINISO opens biggest global store in Jakarta]()
The Chinese retailer aims to hit 1,000 stores in the next five years from about 300 now.
Fashion
PUMA targets tech-savvy youngsters on TikTok
![PUMA targets tech-savvy youngsters on TikTok]()
The world’s third-biggest activewear maker uses local influencers to connect with its market.
E-commerce
How retailers can successfully engage the growing Gen Z market
![How retailers can successfully engage the growing Gen Z market]()
Globally, Gen Zs are expected to have a total consumer spending of $12t by 2030.
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This has already led to improved click and conversion rates for the group.
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This has already led to improved click and conversion rates for the group.
