APAC
Millennials are more likely to engage with brands for product changes
Millennials are more likely to engage with brands for product changes
55% would want to influence product innovation, Euromonitor found.
Zebra Technologies, Amazon, Microsoft to explore the elements shaping omnichannel retail success in Asia Pacific
Key executives from tech giants to present at Retail Asia’s upcoming webinar on 27 February 2023.
Which markets have the most weekly online shoppers
The global average of internet users who buy online weekly is 57.8%.
This is how much renewable energy Amazon bought in 2022
Amazon set the record for the most RE purchased by a single company.
Weekly News Wrap: Luxury giants bank on Chinese return; Apple starts hiring in Malaysia retail bid
And a Japanese whaling firm pins hopes on an ‘unmanned store’ to revive sales.
LVMH profit up 23% YoY to $22.9b in 2022
Its revenue also hit a record EUR79.2b as its market in Asia remains stable.
Add to cart: travellers now have a shopping basket for travel bookings
Agoda will give a seamless, one-stop travel booking experience.
Weekly News Wrap: Asian retailers lure tourists on Lunar New Year; India plans cheaper finance for small retailers
And luxury firms express optimism about China’s retail recovery.
Gen Z consumers want ‘genuine connection’ when engaging with brands
Around 3 in 5 trust independent consumer reviews.
Consumers demand diversity, inclusivity: report
They are buying from brands that support their values.
Brown-Forman takes home win at FMCG Asia Awards 2022
It has popularised the Jack & Coke mixed drink in partnership with Coca-Cola Philippines.
Consumers give more weight to emotional benefits in purchases: report
Businesses should provide alternative payment methods to capture these consumers.
Here’s why 57% of consumers deleted apps in 2022
Consumers are done with mindlessly browsing for hours.
Nearly 60% prefer humans over robots for customer service
Only 19% were comfortable talking to an automated bot.
Weekly News Wrap: Asian retailers ready for China rebound; South Koreans lead as world’s biggest luxury spenders
And Uniqlo owner gives Japan business a jolt with a 40% wage hike.
Around 2 in 5 consumers expect in-person everyday activities: report
Brands should improve their operations to attract these customers.
Three in four shoppers tighten budgets amidst higher prices
Consumers will likely switch to e-commerce for better and cheaper deals.
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They also cited the need to balance digital and physical retail.
Commentary
Unwrapping the psychology behind festive snacking in Southeast Asia