GlobalData
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See below for the Latest GlobalData News, Analysis, Profit Results, Share Price Information, and Commentary.
Singapore’s coffee sales to see ‘steady’ growth in next five years
The market is expected to grow by 3.2% CAGR over 2022-2027.
Singapore’s coffee sales to see ‘steady’ growth in next five years
The market is expected to grow by 3.2% CAGR over 2022-2027.
Alternative payments account for 43.3% of e-commerce purchases in Hong Kong
Over 90% of Hong Kong consumers have shopped online over the past 6 months.
Most consumers in Saudi Arabia use cards to shop online
The e-commerce market is expected to reach $15.7b, GlobalData reported.
Hot drinks sector in Indonesia to grow nearly 8% through 2027
This is thanks to increased outdoor mobility and tourism rebound, GlobalData reported.
What will drive hot drinks sales growth in Vietnam?
The market is expected to grow 9.1% annually.
Hot drinks sales growth in China hinges on reopening
The market is expected to expand to $53.9b by 2027, GlobalData reported.
More Taiwanese online shoppers are using alternative payment methods
Over 25% of online buys were paid through alternative payment methods, GlobalData reported.
How cosmetics brands in India could gain consumer loyalty?
GlobalData suggested that brands highlight their stance on equality issues.
Bvlgari wants to tap into China’s male fragrances market
The market is projected to surge at a 10% compound annual growth rate between 2023 and 2027.
Reliance Consumer relaunches Campa in bid to rival Coca-Cola, PepsiCo
Coca-Cola and PepsiCo currently dominate the Indian carbonates market.
Baby food sales in Taiwan to grow despite birth rate decline
GlobalData projected it to expand between 3-4% annually.
Calbee’s expansion seeks to counter declining savory snack market in Japan: Analyst
Calbee plans to expand in China and North America.
What mode of payment Filipino buyers prefer most
Cards were used in over half of the e-commerce transactions in 2022.
Philippines’ baby food market to shrink by 4.5% annually until 2028
This is due to the lower childbirth rates and rising inflation.
Redbubble faces inflation-led headwinds despite cost-cutting
Investors have turned bearish because of changes in consumer behaviour.
China captures luxury brands despite headwinds: report
The luxury retail market will likely grow 6.1% and 6% in 2023 and 2024, respectively.
Japan’s kaintenzushi restaurant chains eye global expansion
This comes as the chain sees a slow domestic market demand.
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EY’s Olivier Gergele highlights how retailers can navigate and thrive in today’s complex landscape and evolving consumer preferences
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By implementing a sound omnichannel strategy, prioritising the consumer experience and adapting to changing trends, retailers can differentiate their value proposition.
By implementing a sound omnichannel strategy, prioritising the consumer experience and adapting to changing trends, retailers can differentiate their value proposition.
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1. Gamification boosts retailer loyalty programmes 2. Gen Z's complex consumer behavior challenges businesses: Euromonitor 3. Here's why global apparel and footwear sales growth have slowed 4. Levi's opens first store in Dhaka, Bangladesh 5. Carlsberg Asia, Grab partner to elevate beer consumption experienceAwards
Jun
11