APAC

Peter Jueptner to step down as Estée Lauder’s international president

His departure marks the end of his 16-year career at the company.

Sportswear set for 14.9% growth by 2029

It is driven by the growing trend of casual dress codes across the world.

Blind boxes spur collectible toy growth in Asia-Pacific market

Consumers keep buying more until they get their desired product. 

APAC consumers embrace cost-conscious spending

They are focusing on products that offer better functionality, quality, convenience, and health benefits.

8 in 10 consumers plan to buy natural diamond jewellery in 2025

Over 90% of respondents intend to purchase a gift this year.

Retail growth in APAC to continue amidst regional differences

In China, a net negative trend is expected to intensify.

Global sportswear industry faces softer growth in 2025

Premium products and innovative features are expected to sustain consumer demand.

APAC retail leasing sees renewed growth in Q4 2024

In Japan, the retail market thrives on tourism-fueled entertainment demand.

Ingka Investments pledges $1b for recycling infrastructure

It aims to accelerate the availability of recycled materials.

Lanvin Group names new executive president

Eric Chan, the current CEO, will step down and join the board of directors.

IBM, L'Oréal team up to advance AI-driven, sustainable cosmetic formulations

A custom AI model will be created to help L'Oréal develop sustainable and high-performance products.

Gen Alpha set to dominate consumer market by 2040

Although they don't earn money yet, they are already influencing household spending.

Delivery platforms help small foodservice operators reach more consumers

It allows smaller businesses to have more visibility and access to urban and Tier-2 city consumers.

APAC retail markets focus on local consumers in 2024

With international tourist numbers still recovering, project innovation became key to growth.

Urban Revivo targets global fashion capitals in 2025

It will also strengthen its foothold in Southeast Asia through franchising and direct operations.

Cultivated meat gains popularity in APAC as demand for sustainable protein grows

Traditional animal farming is now unable to meet the rising meat demand.