Retail Asia

Australia’s retail sales inch up in August
Retail sales rose 0.6% during the month.
Retailers raise ICT budget in 2022: GlobalData
Over 80% increased investment amidst digital tech trends in improving supply chain and customer experience. 
Australia’s wine market to grow by 4.6% between 2021-2026: report 
This comes as more consumers resume social drinking.
Rakuten eyes carbon neutrality by 2023
It is amongst the companies that joined the RE100 initiative.
Isetan Mitsukoshi posts over 145% sales growth in Tokyo stores
It also saw a 133% increase in its domestic department stores.
Pinduoduo net income soars over 260% in Q2 2022
Its net income amounted to $1.32b during the quarter.
Nike’s net income stumbles 22% in Q1 2023
Its net income stood at $1.46b in the three months ending in August 2022.
‘Stunted’ disposable income growth to drag HK, China consumer spending
Disposable income in the market is expected to average 3.3% in 2022. 
International borders reopening to boost HK’s luxury market
Hong Kong is home to a large number of global luxury retailers. 
Red Ribbon PH opens 38th bakeshop in the US
It is its fourth location in San Diego.
Central Retail’s membership store Tops CLUB opens door
It offers imported products from exclusive brands across the globe. 
Alternative e-commerce gains traction led by business messaging
They accounted for around 25% of online spending in Thailand and the Philippines.

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Exclusives

Exclusives

How can brick-and-mortar stores be less boring? Here’s what experts say
Physical stores must revamp customers’ experiences by pushing “phygital” strategies.
Stores Click here: APAC brands log in to social media to engage with customers
A Nielsen study found that 56% of APAC marketers consider social media as the most effective channel.
E-commerce How J&T Express Singapore plugs the hole left by talent shortage
Upskilling and automation help the logistics firm stay afloat.
Here’s why HappyFresh goes all-out on tech and product
Out of its 400 employees, half are assigned to the technology and products department.
One chat away: Conversational commerce levels the playing field for brands online
Leaving consumers with unanswered queries can result in $2m missed revenue per day. 
E-commerce Lazada builds an e-commerce giant from a ‘blank slate’
It switched from a buy-and-sell business to a marketplace-based model, before finding the right mix in the e-commerce retail model it now uses.
Fashion Fragrances now wear the ‘lipstick effect’
Replacing lip products, scents topped ZALORA’s beauty category both in 2020 and 2021.

Top News

Australia’s retail sales inch up in August
Retail sales rose 0.6% during the month.
Retailers raise ICT budget in 2022: GlobalData
Over 80% increased investment amidst digital tech trends in improving supply chain and customer experience. 
Australia’s wine market to grow by 4.6% between 2021-2026: report 
This comes as more consumers resume social drinking.
Rakuten eyes carbon neutrality by 2023
It is amongst the companies that joined the RE100 initiative.
Isetan Mitsukoshi posts over 145% sales growth in Tokyo stores
It also saw a 133% increase in its domestic department stores.
Pinduoduo net income soars over 260% in Q2 2022
Its net income amounted to $1.32b during the quarter.
Nike’s net income stumbles 22% in Q1 2023
Its net income stood at $1.46b in the three months ending in August 2022.
‘Stunted’ disposable income growth to drag HK, China consumer spending
Disposable income in the market is expected to average 3.3% in 2022. 
International borders reopening to boost HK’s luxury market
Hong Kong is home to a large number of global luxury retailers. 
Red Ribbon PH opens 38th bakeshop in the US
It is its fourth location in San Diego.
Central Retail’s membership store Tops CLUB opens door
It offers imported products from exclusive brands across the globe. 
Alternative e-commerce gains traction led by business messaging
They accounted for around 25% of online spending in Thailand and the Philippines.

Exclusives

How can brick-and-mortar stores be less boring? Here’s what experts say
Physical stores must revamp customers’ experiences by pushing “phygital” strategies.
Stores Click here: APAC brands log in to social media to engage with customers
A Nielsen study found that 56% of APAC marketers consider social media as the most effective channel.
E-commerce How J&T Express Singapore plugs the hole left by talent shortage
Upskilling and automation help the logistics firm stay afloat.
Here’s why HappyFresh goes all-out on tech and product
Out of its 400 employees, half are assigned to the technology and products department.
One chat away: Conversational commerce levels the playing field for brands online
Leaving consumers with unanswered queries can result in $2m missed revenue per day. 
E-commerce Lazada builds an e-commerce giant from a ‘blank slate’
It switched from a buy-and-sell business to a marketplace-based model, before finding the right mix in the e-commerce retail model it now uses.
Fashion Fragrances now wear the ‘lipstick effect’
Replacing lip products, scents topped ZALORA’s beauty category both in 2020 and 2021.

Join the Retail Asia community