In Focus

Some shoppers like seeing the product in-store before buying online.

BNPL payments grew by 226% in central areas. 

The urban diaspora was quick to adopt online shopping.

Retail sales in the country rose 20% in January.

Many reported growth in sales from foreign customers.

Retail sales in the country have generally been stronger during cultural festivities.

This is more common amongst younger consumers. 

The sector enjoyed robust growth from improved consumer confidence.

The brand's purchase consideration score rose by 8.3 points following the TikTok discourse.

The sales of non-essential goods are expected to show slower growth.

Chinese travellers have played a considerable role in the luxury end of the city’s retail market.

Most brands in the city have been focusing on streamlining existing operations.

Social platforms will particular contribute $34b in 2022.

Retailers are not optimistic about the sector’s outlook, according to Knight Frank.

Convenience is the top reason for shopping online amongst Southeast Asian consumers.

Improving shopper loyalty is expected to be critical as consumers spend less.