APAC
L'Occitane names Green Yip as new APAC managing director
L'Occitane names Green Yip as new APAC managing director
Yip previously served for Estee Lauder as Vice President for Travel Retailing.
Fashion brands falling behind on decarbonisation targets
This is due to supply chain disruptions and demand management issues.
Nearly 9 in 10 APAC consumers prioritise health and well-being
Over 50% are willing to boost out-of-pocket healthcare spending for improved outcomes, experiences, and efficiency.
Half of global shoppers willing to pay return fees for international purchases
Gen Z demonstrated a 1.7 times higher likelihood of accepting fees compared to baby boomers.
4 in 5 APAC consumers demand authentic representation
Brands are urged to ensure inclusivity across all retail touchpoints to drive engagement.
APAC consumers navigate cost of living crisis with value-hacking
Businesses are encouraged to adopt new strategies that offer smarter buying choices.
Restaurants revive snacking out with new menu items aimed at Gen Z consumers
Around 43% of consumers have been snacking daily or frequently within a week.
Around 9 in 10 APAC retail CIOs plan to invest in GenAI
Challenges in GenAI adoption include cybersecurity and privacy.
Ingka Investments completes acquisition of Ikano Bank
It is expected to strengthen IKEA's financial services portfolio.
Asia's retail sector thrives amidst e-commerce dominance
Sectors such as apparel, accessories, home décor, and furnishing showed signs of recovery.
Starbucks certifies over 6,000 Greener Stores globally
The initiative is also now extending into new markets such as India, Hong Kong, and Costa Rica.
Brands can rely on social media to prevent health misinformation: report
Around 58% of users buy products based on recommendations from medical professionals.
Nearly 7 in 10 SEA consumers prioritise essential purchases due to inflation
To cope with inflation, 69% are sticking to essential purchases, while 55% are cutting back on non-essentials.
1 in 2 shoppers plan to boost online shopping: Airwallex
Around 61% of consumers perceived international merchants as trustworthy.
Brady Brewer named Starbucks International CEO
He will oversee the teams in APAC, EMEA, Japan and LAC.
Around 7 in 10 Gen Zs in Southeast Asia prefer e-commerce
56% of social commerce platform visitors shifted to e-commerce to complete their purchases.
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