APAC
5 stars: Reviews matter amongst shoppers in Asia
5 stars: Reviews matter amongst shoppers in Asia
Product reviews had the widest general appeal amongst consumers.
How likely will social media users buy products recommended by influencers
Users in Indonesia, India, and the Philippines were likely influenced.
Companies should rebuild supply chain, business models around consumers’ lives, says EY leader
The FMCG sector needs to focus on positive impacts in products and services to appeal to an increasingly eco-conscious population.
Weekly News Wrap: Shopping buoys Australian economy; Pinduoduo shares surge 43% amid reduced consumer appetite
And Shopee pulls out of Argentina in a wave of Latin America exit.
‘Clean’ beauty is here to stay: GlobalData
It was found that 30% of global respondents spent quite high or very high on skincare.
The current consumer landscape is now focusing on ESG issues, according to PwC Corporate Finance head
Neil Sutton also explained that businesses have to adapt to their expectations and that companies are now focusing on their digital transformation.
Amazon emerges as most preferred platform for ads
It is followed by TikTok and Spotify.
Asia weighs customer experience and health protocols in reshaping retail
Diebold Nixdorf will lead talks on the self-service segment in Asia.
Weekly News Wrap: Pinduoduo launches US shopping site; Uniqlo shines in America on COVID-triggered revamp
And Korean cosmetics firm Amorepacific to buy skincare brand Tata Harper.
L’Oreal net profit climbs to €3.22b in H1
This is up from €2.36b in the same quarter last year.
How brands can craft the right ‘Shoppertainment’ strategy
They should tell a story and be authentic.
Shoppertainment could open $1t opportunity for APAC brands: report
It will grow by 63% annually across markets.
Weekly News Wrap: India e-commerce firms ramp up hiring; US-based investor eyes IPO for $2.5b India mall portfolio
And Yonghui Fresh Food is planning to raise $120m before its Hong Kong IPO in 2023.
Weekly News Wrap: Tencent eyes selling 17% stake in Meituan; H&M returns on Alibaba's Tmall platform
And Miniso to ditch Japanese-inspired branding over flak in China.
adidas CEO steps down
CEO Kasper Rorsted will hand over the position through the course of 2023.
Central Group, Signa acquire Selfridges
Selfridges Group has 18 stores in three countries.
Weekly News Wrap: Apps turning leftovers to meals take off in Asia; China's Luckin Coffee eyes store expansion
And a Beijing consumer group summons grocery firm Missfresh over complaints.
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This has already led to improved click and conversion rates for the group.
