APAC
Use of digital wallets for e-commerce purchases to rise at 12% CAGR until 2026
Use of digital wallets for e-commerce purchases to rise at 12% CAGR until 2026
																					
							China leads digital payments in APAC.
						
					
					
				Why trust in AI crucial for F&B industry transformation
																					
							Some brands are now turning to innovative AI techniques in food creation.
						
					
					
				Sustainability, technology advancements reshape packaging industry: report
																					
							The industry is evolving with a growing emphasis on sustainability and the integration of smart technologies.
						
					
					
				E-commerce to account for 24% of retail sales by 2027
																					
							China, Indonesia, India, Malaysia, Vietnam and Thailand will boost the growth.
						
					
					
				EssilorLuxottica, Dolce&Gabbana extend distribution deal
																					
							The renewed deal lasts from 1 January 2024 to 31 December 2039.
						
					
					
				AS Watson is first health and beauty retailer signatory under UN Women initative
																					
							The Women's Empowerment Principles aims to foster gender equity and women's empowerment.
						
					
					
				1 in 2 retailers prioritises improving customer experience: report
																					
							Retailers are setting their eyes on growing their online presence.
						
					
					
				Over 80% of retailers will still have online, physical stores in the next 5 years
																					
							Consumers want to physically see and touch items they would buy.
						
					
					
				LEGO shifts to sustainable materials for all products
																					
							The brand has placed 60% on its investments in environmental initiatives.
						
					
					
				Real-time personalisation boosts online sales by 7 fold
																					
							This is compared to those who employ a blanket personalisation strategy.
						
					
					
				Three strategies the luxury sector should focus on to boost sales
																					
							Gen Zs and tourist shoppers will be crucial for the sector.
						
					
					
				Uni ballpen brand creator Mitsubishi Pencil Company buys LAMY
																					
							LAMY’s operations in Heidelberg will remain.
						
					
					
				Brand-building for Unilever International goes beyond consumer care
																					
							The brand’s innovative practices benefit both consumers and workers.
						
					
					
				Six strategies that will keep FMCG firms afloat amidst turbulent times
																					
							Businesses should transform their portfolio and adopt “purposeful societal impact.”
						
					
					
				The Body Shop’s shortfalls rooted in heightened global competition
																					
							This is underscored by Aurelius’ acquisition of the brand from Natura & Co.
						
					
					
				Why Asia’s cosmetics industry needs social commerce to drive growth
																					
							Social commerce in various platforms such as TikTok and Facebook is popular in the region.
						
					
					
				RSM's David Eu offers insights on e-commerce, technology, and collaborative innovation driving retail transformation
																					
							He stressed that personalisation, engagement, and community-building are amongst those that foster long-term consumer loyalty.
						
					
					
				 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
						 
						 
				 
								 
								 
								 
																					
											
																			 
																					
											
																			 
																					
											
																			 
																					
											
																			 
                