APAC
Weekly News Wrap: New Shibuya awaits tourists to Japan; Naver buys US-based Poshmark in $1.2b deal
Weekly News Wrap: New Shibuya awaits tourists to Japan; Naver buys US-based Poshmark in $1.2b deal
																					
							And India's Nykaa forges an alliance with Dubai's Apparel Group in the Gulf region.
						
					
					
				Six in 10 Asian shoppers to spend more this holiday season
																					
							This is linked to the strong financial resilience in the market. 
						
					
					
				Retail Asia Awards opens nominations for outstanding retailers
																					
							Deadline of submission is on 24 March 2023.
						
					
					
				France’s Lemaire launches e-commerce channel on Alibaba's platform
																					
							Its product offerings include its Fall/Winter 2022 collection.
						
					
					
				Robotic process automation gains traction amongst retailers
																					
							Discussions amongst retailers grew 52% in 2022.
						
					
					
				Shein plans to reduce GHG emissions by 25% by 2030
																					
							These include shifting to renewable energy and increasing energy efficiency.
						
					
					
				Retailers raise ICT budget in 2022: GlobalData
																					
							Over 80% increased investment amidst digital tech trends in improving supply chain and customer experience. 
						
					
					
				Nike’s net income stumbles 22% in Q1 2023
																					
							Its net income stood at $1.46b in the three months ending in August 2022.
						
					
					
				Harness the power of personalisation and loyalty in a roundtable discussion hosted by Capillary Technologies
																					
							With personalisation as its core, businesses can increase customer engagement and retention.
						
					
					
				Self-service: Who is it for?
																					
							The younger generation is seen to be more comfortable using self-service technology.
						
					
					
				Online shopping to ‘completely’ change brick-and-mortar shopping by 2030: report
																					
							Flagship stores will likely serve more like ‘car showrooms.’
						
					
					
				Tech savvy shoppers drawn to digitally-enhanced shopping experiences
																					
							73% of customers expect rapid catalogue-to-cart shopping with the use of mobile devices
						
					
					
				‘Indulgent’ food segment at ‘high risk’ to inflation: GlobalData
																					
							The segment will only grow by 2.2% in volume annually from 2021 to 2024.
						
					
					
				Weekly News Wrap: China pledges growth support on spending; Amazon India to waive 50% fee for new sellers
																					
							And Reliance seeks acquisitions amid plans to expand to consumer business.
						
					
					
				Why carbon labelling has not yet materialised amongst food, drink firms
																					
							Inflation and food security concerns have been the main focus this year.
						
					
					
				Tech adoption in luxury goods industry accelerates: report
																					
							This enhances customer engagement and operational performance amongst others.
						
					
					
				FedEx expands day-definite e-commerce shipping service to 4 APAC markets
																					
							It will now be available in Indonesia, New Zealand, the Philippines, and Vietnam.
						
					
					
				 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
						 
						 
				 
								 
								 
								 
																					
											
																			 
																					
											
																			 
																					
											
																			 
																					
											
																			 
                