APAC
Weekly News Wrap: Chinese retailers offer discounts on iPhones; Lawson weighing options for China unit
Weekly News Wrap: Chinese retailers offer discounts on iPhones; Lawson weighing options for China unit
And Dongwon Industries eyes acquiring McDonald's Korea.
adidas sees US$746m loss in 2023
This is due to the “adverse impact” of the Yeezy write-off.
L’Oreal posts 6.6% sales growth in North Asia in 2022
Its sales amounted to €11.32b (US$12.07b).
Weekly News Wrap: Luxury stocks rally from China reopening; Australian retailers take hit from hesitant consumers
And JD.com to shut down Indonesia, Thailand shopping sites.
Retailers need to address inflation woes amidst sustainability push
There is pressure from investors, regulators, and consumers that compels companies to pursue sustainability.
These are the most used mobile shopping apps
This is based on the global active users between January and December 2022.
Millennials are more likely to engage with brands for product changes
55% would want to influence product innovation, Euromonitor found.
Zebra Technologies, Amazon, Microsoft to explore the elements shaping omnichannel retail success in Asia Pacific
Key executives from tech giants to present at Retail Asia’s upcoming webinar on 27 February 2023.
Which markets have the most weekly online shoppers
The global average of internet users who buy online weekly is 57.8%.
This is how much renewable energy Amazon bought in 2022
Amazon set the record for the most RE purchased by a single company.
Weekly News Wrap: Luxury giants bank on Chinese return; Apple starts hiring in Malaysia retail bid
And a Japanese whaling firm pins hopes on an ‘unmanned store’ to revive sales.
LVMH profit up 23% YoY to $22.9b in 2022
Its revenue also hit a record EUR79.2b as its market in Asia remains stable.
Add to cart: travellers now have a shopping basket for travel bookings
Agoda will give a seamless, one-stop travel booking experience.
Weekly News Wrap: Asian retailers lure tourists on Lunar New Year; India plans cheaper finance for small retailers
And luxury firms express optimism about China’s retail recovery.
Gen Z consumers want ‘genuine connection’ when engaging with brands
Around 3 in 5 trust independent consumer reviews.
Consumers demand diversity, inclusivity: report
They are buying from brands that support their values.
Brown-Forman takes home win at FMCG Asia Awards 2022
It has popularised the Jack & Coke mixed drink in partnership with Coca-Cola Philippines.
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