APAC
Waterless cosmetics gain traction in APAC amidst growing eco-consciousness
Waterless cosmetics gain traction in APAC amidst growing eco-consciousness
These products will reduce the strain on freshwater supply, according to GlobalData.
APAC retail property sector bounces back post-pandemic
Asia Pacific remains the fastest-growing region,.
APAC retail rents to rise gradually as travel rebounds: report
Landlord strength is evident in markets such as Taipei, Bangkok, Singapore, and Vietnam.
Korean fashion brand Layer signs exclusive licensing deal with Marithé François Girbaud
Marithé François Girbaud’s rebranding in Korea led to $74m in sales.
APAC foodservice spending hits $1.3b
Consumer foodservice spending in the region is projected to return to pre-COVID levels in 2024.
APAC retailers urged to embrace entertainment-led strategies
Retailers are encouraged to transform their physical stores into entertainment hubs.
L'Occitane names Green Yip as new APAC managing director
Yip previously served for Estee Lauder as Vice President for Travel Retailing.
Fashion brands falling behind on decarbonisation targets
This is due to supply chain disruptions and demand management issues.
Nearly 9 in 10 APAC consumers prioritise health and well-being
Over 50% are willing to boost out-of-pocket healthcare spending for improved outcomes, experiences, and efficiency.
Half of global shoppers willing to pay return fees for international purchases
Gen Z demonstrated a 1.7 times higher likelihood of accepting fees compared to baby boomers.
4 in 5 APAC consumers demand authentic representation
Brands are urged to ensure inclusivity across all retail touchpoints to drive engagement.
APAC consumers navigate cost of living crisis with value-hacking
Businesses are encouraged to adopt new strategies that offer smarter buying choices.
Restaurants revive snacking out with new menu items aimed at Gen Z consumers
Around 43% of consumers have been snacking daily or frequently within a week.
Around 9 in 10 APAC retail CIOs plan to invest in GenAI
Challenges in GenAI adoption include cybersecurity and privacy.
Ingka Investments completes acquisition of Ikano Bank
It is expected to strengthen IKEA's financial services portfolio.
Asia's retail sector thrives amidst e-commerce dominance
Sectors such as apparel, accessories, home décor, and furnishing showed signs of recovery.
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