APAC

Six strategies that will keep FMCG firms afloat amidst turbulent times

Businesses should transform their portfolio and adopt “purposeful societal impact.”

Six strategies that will keep FMCG firms afloat amidst turbulent times

Businesses should transform their portfolio and adopt “purposeful societal impact.”

The Body Shop’s shortfalls rooted in heightened global competition

This is underscored by Aurelius’ acquisition of the brand from Natura & Co.

Why Asia’s cosmetics industry needs social commerce to drive growth

Social commerce in various platforms such as TikTok and Facebook is popular in the region.

RSM's David Eu offers insights on e-commerce, technology, and collaborative innovation driving retail transformation

He stressed that personalisation, engagement, and community-building are amongst those that foster long-term consumer loyalty.

Euromonitor’s Hiromi Yamaguchi: Loyalty programmes, digital integration vital amidst evolving consumer expectations

To navigate diverse markets successfully, retailers must leverage technologies like AI to integrate online and offline experiences whilst implementing tailored strategies for sustainable growth.

Indonesian consumers pivot towards halal cosmetics: analyst

The sector will achieve a CAGR of 3% to 4% in APAC from 2022 to 2027.

Carousell co-founder Lucas Ngoo to exit the e-commerce company

Ngoo said he wants to explore other industries such as AI in healthcare, amongst others.

Singapore's Qoo10 buys e-commerce platform Wish

Merchants and users of Wish will receive access to Qoo10’s cross-border benefits.

Michael Cheng of PwC: Localisation, digitisation, circular economy are key themes of supply chain innovation

Cheng emphasised the need for retailers to adapt supply chains amidst geopolitical tensions, ensuring resilience.

Restaurant Brands International unveils long-term growth plan for 2028

The company aims to open 40,000 restaurants for its four anchor brands.

Frictionless commerce faces uphill battle from lukewarm customer feedback

The sector gained a moderate $375.m from retail in 2023.

New Balance trials resale platform in the US

Customers can trade New Balance shoes for vouchers and help recycle shoes.

Foodservice is the next hot ticket for luxury maisons in Asia

Over 30% of young respondents are seeking new experiences outside of brands.

3 in 5 Asians are influenced by health benefits when buying food or drinks

62% of Asians are more influenced by the health benefits of products.

The Estée Lauder Companies issues $650m of senior notes

Closing of the offering will occur on or about 14 February 2024.

Social media influence nearly half of Asian consumers' purchase decision

About seven in 10 Asian consumers buy non-grocery items online.