APAC
Chocolate crisis looms as cocoa prices surge
Chocolate crisis looms as cocoa prices surge
The surge is primarily attributed to the severe global shortage of cocoa.
How cost-per-wear redefines fashion value
This metric evaluates an item's value based on its frequency of use, lifespan, and resale potential.
What tech innovations retailers are investing in
They are now increasingly adopting digital interfaces, simplified shopping, and data-driven retail.
Electronic payments and financial cards platforms target B2B spending: report
The Asia-Pacific region led in B2B payment value, generating $31.9 t.
Here are key consumer trends influencing pet care sales in 2024
Consumers are now adopting innovative strategies to manage budgets amid rising inflation costs.
Off-premises purchasing channels thrive post-pandemic
Gen Zs and Millennials are anticipated to drive changing consumption patterns that will impact sales over the next five years.
Innovations in F&B packaging cut down rigid plastics: report
Manufacturers are now setting plastic reduction goals and adopting recycled packaging.
6 in 10 Gen Zs prioritise user experience and trustworthy reviews
Over 75% rely on reviews and customer service when shopping.
Millennials and Gen Zs drive surge in demand for RTD iced coffee
Approximately two billion cups of coffee are reportedly consumed globally each day.
APAC retail leasing enquiries surge in Q1 2024: report
Japan has seen the most significant improvement in retail leasing sentiment.
Experience-oriented retailers drive leasing activity
Some brands are engaging customers through various marketing campaigns like pop-ups, exhibitions, and co-branded activities.
How digital transformation is impacting consumer, retail sectors
Defining value in digital transformation strategies is considered crucial.
Global personal luxury market projected to reach $606b by 2030
China is also anticipated to become the world's largest luxury market.
Gamification boosts retailer loyalty programmes
About 22% of digital consumers engage in loyalty programmes for exclusive experiences.
Here's why global apparel and footwear sales growth have slowed
However, persistent inflation and supply chain disruptions continue to challenge the industry.
Gen Z's complex consumer behavior challenges businesses: Euromonitor
Whilst supporting social and environmental responsibility, Gen Z’s are reluctant to pay extra for these values, the report said.
Safilo and Marc Jacobs renew global eyewear licensing agreement
It extends the partnership for Marc Jacobs branded eyewear until December 2031.
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The Trade industry is beefing up its workforce to better handle complaints.
