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Luxury brands embrace budget beauty trend with diffusion lines
Collaborating with retailers is seen crucial to effectively reach the target audience.
Luxury brands embrace budget beauty trend with diffusion lines
Collaborating with retailers is seen crucial to effectively reach the target audience.
How can brands maintain profitability in perma-discount era?
Value-centric strategies can boost customer satisfaction without constant markdowns.
Nissin Foods acquires Gaemi Food
The deal is valued at KRW48,000m (HK$271.7m).
Luxury brands double down on resort markets
Major brands strategically expand into leisure destinations to tap into their target audience.
Jo Malone opens flagship store in Japan
The new Harajuku location spans 2,540 square feet.
Over 10k brands see over fivefold transaction surge in JD.com's 618 Grand Promotion
Major brands like Apple, Midea, Haier, and Xiaomi quickly surpassed the $14m mark in sales.
Hong Kong retail sales drop 14.7% in April
The sharp decline was mainly attributed to the timing of the Easter holidays.
Rakuten achieves carbon neutrality across all subsidiaries
It implemented energy efficiency measures and adopting renewable energy across its subsidiaries.
DoubleDragon's CityMall opens first Jollibee Group multi-brand store
This allows customers to order from all four brands in one transaction.
Brand survival rate below 60% long-term: report
Rapid product cycles challenge market sustainability.
Global online retail sales to reach $6.8t in 2028: Forrester
About 76% of global retail sales will still occur offline in 2028, amounting to $21.9t.
Chinese food industry sales hit $328.7b in 2023
The growth was largely driven by staple foods.
Lippo Malls Indonesia Retail Trust secures $209.45m loan facility
Of this, $193.95m will be used to repay existing SGD loans in June 2024.
Conversational AI reshapes APAC customer experiences: Infobip
Approximately 39% consider this a crucial investment priority for the next two years.
Ingka Group partners with Infosys to enhance digital operations
It will outsource part of its digital expertise to enhance agility and efficiency.
Why retailers need to scale AI investments
Gen AI significantly boosts productivity and cuts industry-wide costs.
Korea's retail industry increases 10.8% in April 2024
April saw a 22.2% surge in online sales.
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AI prompts fearless dive into corporate reinvention
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Siam Piwat Group’s digital chief touts AI’s transformative power in boosting customer value, personalisation, and brand trust.
Siam Piwat Group’s digital chief touts AI’s transformative power in boosting customer value, personalisation, and brand trust.
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