Bain & Company
Bain & Company is a global consultancy that helps the world’s most ambitious change makers define the future. See below for the Latest Bain & Company News, Analysis, Profit Results, Share Price Information, and Commentary.
China’s luxury market declines 20% in 2024
China’s luxury market declines 20% in 2024
The rise of Daigou trading remains a concern for luxury brands.
Asia-Pacific's retail sector continues its post-pandemic recovery
The rise of e-commerce helped Asia-Pacific retail rebound.
How can consumer goods companies adapt to the third wave of digitisation?
Only one of two leading firms achieves 80% of their digital transformation project targets.
China's luxury market set for mid-single-digit growth in 2024
It witnessed a 12% YoY growth in 2023.
GenAI’s impact on retail unfolding faster than expected
Retailers now leverage GenAI for a competitive edge in communications, marketing, and operations.
Chinese consumers buy luxury items abroad due to pricing gaps
Domestic luxury spending is seen to decline to 70% from 90% during the pandemic.
China’s luxury market up 12% YoY in 2023
However, it has not yet fully recovered to 2021 levels.
FMCG spending up 6.1% YoY in 2023
This is mainly driven by inflation.
E-commerce leads China’s FMCG market with 4% YoY in Q3
Smaller formats such as super/mini and grocery stores are also gaining traction.
China’s FMCG sector sees ‘soft recovery’: report
The sector saw a 1% growth in the first nine months of 2023.
Around 3 in 4 shoppers planning to cautiously spend on Singles Day
Consumers are becoming more value-conscious for their Singles Day spending.
Southeast Asia e-commerce revenue up 28% YoY to $28b in 2023
The sector was also supported by the rapid growth of new entrants.
How retailers can satisfy customers and ensure a high Net Promoter Score
Bain’s Net Promoter Score measures the likelihood a consumer will recommend a business and company growth.
Who are the leading consumer segment in Southeast Asia?
Bain & Company said businesses should review their ambitions in the region.
Experientality, travel retail regain traction
Watches and jewellery were the top-performing luxury categories globally.
China’s FMCG sustains rebound in Q1: report
Bain & Company reported a value growth of 1.9% in the first quarter of the year.
Luxury sales in China to rebound to 2021 levels this year
This comes after the luxury market contracted in 2022.
Most Read
1. Foodpanda automates ‘dark stores’ in Singapore to speed up deliveries 2. Indonesia e-commerce market to hit $46.6b by 2025 3. Tim Hortons launches packaged coffee in South Korea 4. Malaysian retailers told to prioritise technology, consumer-centric approaches 5. Unlock the power of AI in solving supply chain challenges with RELEX SolutionsResource Center
Read Here
Advertise
Sign Up
Event News
Key strategies include embracing sustainability and exploring international markets.
Commentary
Digital giants to retailers: The playbook for scaling ad revenue with onsite retail media