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Ingka Group implements further price reductions to boost affordability
The company has already slashed prices twice, resulting in increased sales volumes.
Ingka Group implements further price reductions to boost affordability
The company has already slashed prices twice, resulting in increased sales volumes.
85% of A2000 retailers in Asia-Pacific to invest in GenAI by 2027
Half of A2000 retailers are projected to implement AI-enabled contextualised recommendations by 2028.
1 in 3 brands launched in 2022 discontinued by 2023: report
Analysts said there is less than 60% chance for new products to survive in the market in the long term.
Birkenstock opens first flagship store in India
The newly-opened store combines Birkenstock's focus on function, quality, and tradition with India's cultural richness.
JD.com launches ‘Trade-in Alliance for Household Appliances and Home Goods’
The move aims to expand and enhance trade-in services across China.
L'Occitane International announces $1.8b privatisation offer
The $1.8b take-private deal sets the company’s equity value at $6b.
Philippines’ SM Prime Holdings to open four new malls in 2024
It is part of the company's strategy to expand its presence nationwide.
Vinhomes launches new entertainment and shopping hubs
It aims to provide residents with top-tier amenities and infrastructure that reflect global trends.
foodpanda launches house brand ‘bright’
It offers a broader range of products covering fresh meats, ready-to-eat meals, pantry staples, beverages, snacks, and cleaning supplies.
Half of Asian consumers prioritise inner beauty in F&B choices
43% of Asian consumers are highly inclined to buy products endorsed by social media influencers.
Payment cards drive over 50% of Australia's e-commerce transactions
The country’s e-commerce market is anticipated to hit $72.9b by 2028.
Foodpanda launches new private label range “bright”
New product line aims to enhance customer satisfaction and retention.
Mintel: consumers favour brands that align with personal values
Consumers value authenticity in brand choices, says analyst.
Vietnam's middle class eyes higher disposable income by 2027
Economic growth and urbanisation propel middle class expansion
How Gen Z's thirst for innovation shapes cocktail culture
Gen Z consumers report higher spending on pubs, clubs, or bars.
FairPrice Group offers over $4.5m in May Day discounts
From 25 April, union members get a 50% discount on selected essential items for three weeks.
Sephora launches DRUNK ELEPHANT in Mainland China
It is now accessible in Sephora stores located in major cities such as Beijing, Shanghai, Guangzhou, and Chengdu.
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1. Hybrid stores reshape airport retail landscape 2. DFI Retail Group and PolyU SPEED ink MoU for retail talent development 3. Blurring lines between online and offline retail in Asia Pacific 4. Indonesia's e-commerce market to grow by 15.5% in 2024 5. Malaysian retail sector sees 173% surge in hiring activityAwards
Jun
11