APAC
Euromonitor’s Hiromi Yamaguchi: Loyalty programmes, digital integration vital amidst evolving consumer expectations
Euromonitor’s Hiromi Yamaguchi: Loyalty programmes, digital integration vital amidst evolving consumer expectations
To navigate diverse markets successfully, retailers must leverage technologies like AI to integrate online and offline experiences whilst implementing tailored strategies for sustainable growth.
Indonesian consumers pivot towards halal cosmetics: analyst
The sector will achieve a CAGR of 3% to 4% in APAC from 2022 to 2027.
Carousell co-founder Lucas Ngoo to exit the e-commerce company
Ngoo said he wants to explore other industries such as AI in healthcare, amongst others.
Singapore's Qoo10 buys e-commerce platform Wish
Merchants and users of Wish will receive access to Qoo10’s cross-border benefits.
Michael Cheng of PwC: Localisation, digitisation, circular economy are key themes of supply chain innovation
Cheng emphasised the need for retailers to adapt supply chains amidst geopolitical tensions, ensuring resilience.
Restaurant Brands International unveils long-term growth plan for 2028
The company aims to open 40,000 restaurants for its four anchor brands.
Frictionless commerce faces uphill battle from lukewarm customer feedback
The sector gained a moderate $375.m from retail in 2023.
New Balance trials resale platform in the US
Customers can trade New Balance shoes for vouchers and help recycle shoes.
Foodservice is the next hot ticket for luxury maisons in Asia
Over 30% of young respondents are seeking new experiences outside of brands.
3 in 5 Asians are influenced by health benefits when buying food or drinks
62% of Asians are more influenced by the health benefits of products.
The Estée Lauder Companies issues $650m of senior notes
Closing of the offering will occur on or about 14 February 2024.
Social media influence nearly half of Asian consumers' purchase decision
About seven in 10 Asian consumers buy non-grocery items online.
L’Oréal, Miu Miu partner for exclusive worldwide licence agreement
Miu Miu is now part of the L’Oréal Luxe division.
Estee Lauder to reduce employees by up to 5% amidst decline in sales
Organic sales were down 8% YoY due to challenges in Asia travel retail, amongst others.
Coty enters new license with fashion brand Marni
The new licensing agreement for both brands will start in 2026.
Around 3 in 5 APAC consumers consider health, well-being impacts in food purchase
As a result, functional food products are seeing increasing demand.
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