APAC

EssilorLuxottica acquires Supreme from VF Corporation for $1.5b

The transaction is expected to close by the end of 2024.

How can consumer goods companies adapt to the third wave of digitisation?

Only one of two leading firms achieves 80% of their digital transformation project targets.

1 in 2 consumers use RTPs for international shopping

Approximately 63% also use RTPs to transfer money.

PT Kurnia Ciptamoda Gemilang redefines apparel shopping with award-winning innovations

Emerging as the Apparel Retailer of the Year - Indonesia at the Retail Asia Awards 2024, PT Kurnia Ciptamoda Gemilang innovates with smart technology to enhance the shopping experience.

Here’s why luxury brands are increasing AI investments

The sector has invested over $360m in AI over the past three years.

BIRKENSTOCK names Evelyn Chua as MD for South-East Asia and Down Under

She is expected to strengthen the brand’s presence across various channels.

Global cordial drink market anticipates $230.3m increase by 2028

Consumer demand for healthier alternatives will drive this growth.

Shiseido and Max Mara announce long-term fragrance partnership

Shiseido will exclusively develop, produce, market, and distribute Max Mara fragrances worldwide.

APAC consumers embrace probiotic-enhanced foods

It will be driven by R&D advancements and increasing consumer interest in health and wellbeing.

Retailers must prepare for ‘seamless commerce’

KPMG expert predicts an end to online versus offline retailing as consumer engagement changes.

foodpanda and Carlsberg Asia expand partnership to boost beer accessibility

This move responds to significant consumer demand for beers.

Informal employment in garment industry risks worker rights and brand reputation

Brands were urged to adopt binding agreements and enforce human rights standards throughout their supply chains.

Are emotional loyalty strategies more effective than transactional approaches?

One in three customers in APAC join loyalty programs to build lasting connections.

Mars Wrigley appoints Sean Jeong as general manager of West Asia

He will oversee key West Asian markets such as Malaysia, Thailand, Singapore, and Indonesia.