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Central Retail opens $35.2m Robinson Lifestyle, Department Store in Phuket
Central Retail opens $35.2m Robinson Lifestyle, Department Store in Phuket
Its first phase opened on 20 September, whilst full service is expected by year-end.
Global e-commerce market to reach $9.3t by 2027
E-commerce transactions already hit $5.9t in 2022.
L’Oréal invests in China-based biotech company
This partnership will allow L’Oréal to solve the incompatibility and instability of raw materials.
Retailers need to leverage AI to enhance operational efficiency
As AI positively impacts industry with tailored offerings and streamlined processes, BCG’s Jason Moy warns retailers against late adoption of new tech.
SHEIN partners with SingPost for delivery in Singapore
Consumers may also have their parcels delivered to their letterboxes.
Megaworld to launch Finland’s SuperPark in the Philippines
The first activity park will open in Eastwood City and will be followed by another in McKinley Hill.
Reliance Brands to acquire 76% Superdry IP in Indian territories
The consideration for the IP costs around $48.7m.
Thai consumers prefer to pay using e-wallets, cash for online transactions
Preference in payment methods varies in regions.
E-commerce drives fastest growing retailers in Asia Pacific
Digitalization and focus on experiential retail are among the main factors.
JD.com launches Green Impact Partners Alliance
Its inaugural partners include FMCG brands Breeze, OMO, and BABO.
Majority of SG consumers want to shop more online
They are giving premium to loyalty programmes and convenience as reasons to shop online.
Around 3 in 5 APAC consumers prefer shopping online
Free delivery, and coupons and discounts were amongst the top purchase drivers.
When nostalgia hits: APAC F&B brands bank on ‘throwback marketing’
About 3 in 5 consumers are influenced by how familiar products and services feel.
Alternative payment dominates India’s e-commerce market
The method accounts for almost 60% of the country’s e-commerce transactions.
Lifestyle brand MINISO launches 1st IP-themed store in Vietnam
It occupies over 300 sqm at Vincom Center.
DFS to open 7-star luxury retail, entertainment destination in China
It is projected to see around 16 million visitors per year by 2030.
Retailers in Southeast Asia urged to embrace digitalisation, sustainability
Euromonitor’s expert on Channels Practice to focus on experiential retail, digitalisation, and sustainability at Retail Asia Summit in November.
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This has already led to improved click and conversion rates for the group.
