APAC
Established brands in APAC remain resilient amidst emerging competition: report
Established brands in APAC remain resilient amidst emerging competition: report
																					
							Incumbent brands remained steady at 28% and won in 27% of the categories against insurgent brands.
						
					
					
				McDonald's global outage raises concerns over reliance on digital services: GlobalData
																					
							The report stressed the need for the restaurant industry to prioritise digital investment.
						
					
					
				AS Watson Group appoints Marionnaud Group’s new CEO, deputy CEO
																					
							Their appointment is effective starting April 2024.
						
					
					
				What luxury retailers should focus on to attract consumers
																					
							Around 36% of Chinese consumers said product quality/durability is the most important.
						
					
					
				Four ways to adapt to a highly competitive 2024 retail landscape
																					
							They need to boost in-store experiences and implement customer-centric features, amongst others.
						
					
					
				Women’s Health in APAC: Achieving optimal wellness through nutrition
																					
							Women are increasingly prioritising their health and embracing holistic, long-term solutions and trends to take charge of their wellbeing. 
						
					
					
				How private labels transform public perception into profit
																					
							Around 90% of buyers reveal that they are choosing private-label products.
						
					
					
				Use of digital wallets for e-commerce purchases to rise at 12% CAGR until 2026
																					
							China leads digital payments in APAC.
						
					
					
				Why trust in AI crucial for F&B industry transformation
																					
							Some brands are now turning to innovative AI techniques in food creation.
						
					
					
				Sustainability, technology advancements reshape packaging industry: report
																					
							The industry is evolving with a growing emphasis on sustainability and the integration of smart technologies.
						
					
					
				E-commerce to account for 24% of retail sales by 2027
																					
							China, Indonesia, India, Malaysia, Vietnam and Thailand will boost the growth.
						
					
					
				EssilorLuxottica, Dolce&Gabbana extend distribution deal
																					
							The renewed deal lasts from 1 January 2024 to 31 December 2039.
						
					
					
				AS Watson is first health and beauty retailer signatory under UN Women initative
																					
							The Women's Empowerment Principles aims to foster gender equity and women's empowerment.
						
					
					
				1 in 2 retailers prioritises improving customer experience: report
																					
							Retailers are setting their eyes on growing their online presence.
						
					
					
				Over 80% of retailers will still have online, physical stores in the next 5 years
																					
							Consumers want to physically see and touch items they would buy.
						
					
					
				LEGO shifts to sustainable materials for all products
																					
							The brand has placed 60% on its investments in environmental initiatives.
						
					
					
				Real-time personalisation boosts online sales by 7 fold
																					
							This is compared to those who employ a blanket personalisation strategy.