News

APAC retailers urged to embrace entertainment-led strategies

Retailers are encouraged to transform their physical stores into entertainment hubs.

APAC retailers urged to embrace entertainment-led strategies

Retailers are encouraged to transform their physical stores into entertainment hubs.

L'Occitane names Green Yip as new APAC managing director

Yip previously served for Estee Lauder as Vice President for Travel Retailing.

Fashion brands falling behind on decarbonisation targets

This is due to supply chain disruptions and demand management issues.

South Korea’s cosmetic exports surge 20% to $2.3b in Q1

It reflects the country's growing influence in the global beauty market.

Alibaba invests $4.8b in share repurchase program to boost shareholder returns

The group also acquired 1.249 billion ordinary shares, totaling $12.5b for fiscal year 2024.

Nearly 9 in 10 APAC consumers prioritise health and well-being

Over 50% are willing to boost out-of-pocket healthcare spending for improved outcomes, experiences, and efficiency.

Shopee remains leading online marketplace in Malaysia

Around 7 in 10 Shopee users in Southeast Asia spent 30 minutes a day using the app.

Half of global shoppers willing to pay return fees for international purchases

Gen Z demonstrated a 1.7 times higher likelihood of accepting fees compared to baby boomers. 

Local flavours and natural remedies define trending Thai cuisine: Mintel

Around 3 in 5 Thai consumers prefer food with high nutritional content.

4 in 5 APAC consumers demand authentic representation

Brands are urged to ensure inclusivity across all retail touchpoints to drive engagement.

APAC consumers navigate cost of living crisis with value-hacking

Businesses are encouraged to adopt new strategies that offer smarter buying choices.

Carousell Group acquires LuxLexicon to boost luxury segment

The group’s luxury bag category listings have grown monthly by 71% in the past two years.

American-based spirits brand Brown-Forman enters Japan market

Brown-Forman previously entered the market in the 1970s.

7-Eleven International completes $1.1b acquisition of 7-Eleven Australia

The agreement adds over 750 stores in Australia to 7-Eleven International's global portfolio.

Restaurants revive snacking out with new menu items aimed at Gen Z consumers

Around 43% of consumers have been snacking daily or frequently within a week.

Gen-Z favours quality over brand origins: JD chief economist

Advanced digital supply chains offer brands deep insights into consumer behaviour, he said.

Rakuten launches ‘Service Inclusion’ initiative to promote diversity in services

It introduced the "Inclusive Salon Project" as an initial effort, providing customer service guidance for LGBTQ+-friendly beauty salons.