APAC

Naresh Vemuri of Fujitsu’s Uvance Solutions and Services discussed key trends and challenges for retailers in Asia Pacific and the importance of using technology to enhance customer experience and drive business growth.

Despite this, McKinsey noted that there is also an increasingly active consumer segment.

Fine art, wine and whisky were the weakest performers.

It will digitalise dyeing processes.

The goal is to create a curated shopping experience that prevents stockouts.

Leading players include Amazon, Google, and Xiaomi.

Millennials are driving AI adoption.

It is driven by product innovation and premiumisation

By 2026, 90% of retail solutions will incorporate AI.

Mid-sized cities will see the highest spending growth over the next five years.

The blind box trend grew by 137.77% in 2024

The market is seeing strong demand from baby boomers for denim collections.

China and the United States dominate the sector.

It is driven by e-commerce growth.

Global marketplaces like Amazon dominate the industry.

It is driven by the increasing adoption of contactless payment systems.