APAC

How life at home will look like in 2030: IKEA

The Swedish retailer included the AI-generated images for the tenth edition of IKEA Life at Home.

Wolverine World Wide sells Sperry to Authentic Brands, ALDO

The sale of the shoe brand became official on 10 January 2024.

Coupang extends support to SMEs with support to local communities

Programmes that support SMEs include the “Good Store” webpage and private label brands.

M&S Food, nutrition science firm partner to launch products for gut health

Part of the collaboration is the introduction of the M&S Food x ZOE Gut Shot.

Here's how LVMH Group achieves creative circularity goals under LIFE 360 plan

The group has offered circular services with a specialised team of repairers.

Modern grocery sector could leverage small-format stores to drive growth

Small-format stores attract consumers due to their proximity.

L'OCCITANE Group appoints Laurent Marteau as new Group CEO

He will succeed André J. Hoffmann who served as acting CEO and Vice Chairman.

How can retailers thrive in the omnichannel landscape?

Personalisation and consistency, amongst others, remain crucial in the omnichannel strategy.

7 trends that shape the retail industry

Brands continue to set their footprint across channels, and are adopting AI and sustainability, amongst others, in their operations.

Shift to modern grocery consumption slows down

This trend, however, is not observed in Malaysia and Thailand.

New York-based Fresh2 Group acquires food e-commerce platform Youfood Group Inc.

The acquisition will help broaden Fresh2’s network over Asia and South America.

Nearly half of SHEIN users are unfamiliar of circularity, despite popularity

62% of respondents revealed to be using the same SHEIN items over 10 items.

IKEA uses AI-improved demand sensing technology for accurate customer data

Demand sensing has seen success in IKEA from its pilot in Norway last 2020.

Jollibee increases stake over Tim Ho Wan brand

Jollibee Worldwide’s participating interest grew to 92%.

Alibaba CEO Eddie Wu to lead Taobao and Tmall Group

Wu will also serve as head of Alibaba Cloud.