Exclusive
Philippines yet to feel impact of lower capitalisation for foreign retailers
Law setting minimal required investment may attract not the big retailers but small and medium-scale foreign businesses.
Shopping campaigns may be a key to saving amidst rising prices
Shopee reported its users saved US$1.7b on groceries and essentials in 2022.
Localism rises amongst Indian consumers
Local products offer better value for money and are more in line with consumers’ priorities.
Fashion firms in China spur growth with direct-to-consumer model
PwC reveals how the DTC model leverages digital technology to deliver more personalised products, services, and experiences to new-age consumers.
Brick-and-mortar stores catch up as spending shifts from online to offline
More than 71% of retailers in Asia Pacific plan to expand or add new stores in 2023, according to CBRE retail survey.
A decade in the game, MINISO aims to transform into a lifestyle super brand
China-based MINISO has over 5,400 stores, of which more than 2,000 are in global markets, and it’s still growing.
Consumers crave human connection amidst era of automation
Businesses should balance automation with personal care, says Euromonitor International.
Retailers could bear the brunt of Malaysia’s proposed luxury tax
Introducing a tax on luxury items may send Malaysian consumers, tourists flying off on shopping sprees abroad.
Creating space for Gen Zs’ ‘personal brand’ with augmented reality
More than 3 out of 5 Gen Zs think AR will make life easier.
Indonesia, Phl struggle to keep up with Southeast Asia’s cashless drive
Zalora reports growth of digital payments to 81.20% in 2022, as connectivity and digitisation fueled hyperconsumerism in the region.
Out and about, Asia Pacific consumers seek tactile experiences
Retailers need to use their stores for brand storytelling and multifunctional purposes to engage customers.
Gen Zs are becoming China’s biggest spenders
21% of these consumers are ready to spend 16% of their income on luxury.
Three ways retailers can serve ‘budgeteers’
A budgeteer is someone who is not willing to spend more than necessary.
Indomaret's journey to become a household name in Indonesia
The number of their outlets have now reached more than 21,000 outlets across Indonesia.
24-hour beauty: Coty SEA blends physical and digital space for limitless store access
Coty SEA stores offer services that give the same customer experience online.
BNPL platforms risk losing trust by ignoring SFA Code of Conduct
Under the Code of Conduct, BNPL providers need to show customers their ‘Trustmark’.
Commentary
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