APAC
Coupang extends support to SMEs with support to local communities
Coupang extends support to SMEs with support to local communities
Programmes that support SMEs include the “Good Store” webpage and private label brands.
M&S Food, nutrition science firm partner to launch products for gut health
Part of the collaboration is the introduction of the M&S Food x ZOE Gut Shot.
Here's how LVMH Group achieves creative circularity goals under LIFE 360 plan
The group has offered circular services with a specialised team of repairers.
Modern grocery sector could leverage small-format stores to drive growth
Small-format stores attract consumers due to their proximity.
L'OCCITANE Group appoints Laurent Marteau as new Group CEO
He will succeed André J. Hoffmann who served as acting CEO and Vice Chairman.
How can retailers thrive in the omnichannel landscape?
Personalisation and consistency, amongst others, remain crucial in the omnichannel strategy.
7 trends that shape the retail industry
Brands continue to set their footprint across channels, and are adopting AI and sustainability, amongst others, in their operations.
Shift to modern grocery consumption slows down
This trend, however, is not observed in Malaysia and Thailand.
New York-based Fresh2 Group acquires food e-commerce platform Youfood Group Inc.
The acquisition will help broaden Fresh2’s network over Asia and South America.
Nearly half of SHEIN users are unfamiliar of circularity, despite popularity
62% of respondents revealed to be using the same SHEIN items over 10 items.
IKEA uses AI-improved demand sensing technology for accurate customer data
Demand sensing has seen success in IKEA from its pilot in Norway last 2020.
Jollibee increases stake over Tim Ho Wan brand
Jollibee Worldwide’s participating interest grew to 92%.
The Body Shop becomes the first beauty brand with 100% vegan product formulations
All products have been certified by The Vegan Society.
Alibaba CEO Eddie Wu to lead Taobao and Tmall Group
Wu will also serve as head of Alibaba Cloud.
Authentic Brands to bring Boardriders business to Japan and Taiwan
Several known brands under Boardriders include Quiksilver, Billabong, Roxy and Element.
Global fashion retail sales to grow by 2% to 4% in 2024
Uncertainty remains over geopolitical, economic volatility and inflation concerns.
SHEIN customers prefer circularity in clothing choices
Reselling of clothes and secondhand items has become a reliable habit among SHEIN users.
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This has already led to improved click and conversion rates for the group.
