APAC
Retailers raise ICT budget in 2022: GlobalData
Retailers raise ICT budget in 2022: GlobalData
Over 80% increased investment amidst digital tech trends in improving supply chain and customer experience.
Nike’s net income stumbles 22% in Q1 2023
Its net income stood at $1.46b in the three months ending in August 2022.
Harness the power of personalisation and loyalty in a roundtable discussion hosted by Capillary Technologies
With personalisation as its core, businesses can increase customer engagement and retention.
Self-service: Who is it for?
The younger generation is seen to be more comfortable using self-service technology.
Online shopping to ‘completely’ change brick-and-mortar shopping by 2030: report
Flagship stores will likely serve more like ‘car showrooms.’
Tech savvy shoppers drawn to digitally-enhanced shopping experiences
73% of customers expect rapid catalogue-to-cart shopping with the use of mobile devices
‘Indulgent’ food segment at ‘high risk’ to inflation: GlobalData
The segment will only grow by 2.2% in volume annually from 2021 to 2024.
Weekly News Wrap: China pledges growth support on spending; Amazon India to waive 50% fee for new sellers
And Reliance seeks acquisitions amid plans to expand to consumer business.
Why carbon labelling has not yet materialised amongst food, drink firms
Inflation and food security concerns have been the main focus this year.
Tech adoption in luxury goods industry accelerates: report
This enhances customer engagement and operational performance amongst others.
FedEx expands day-definite e-commerce shipping service to 4 APAC markets
It will now be available in Indonesia, New Zealand, the Philippines, and Vietnam.
5 stars: Reviews matter amongst shoppers in Asia
Product reviews had the widest general appeal amongst consumers.
How likely will social media users buy products recommended by influencers
Users in Indonesia, India, and the Philippines were likely influenced.
Companies should rebuild supply chain, business models around consumers’ lives, says EY leader
The FMCG sector needs to focus on positive impacts in products and services to appeal to an increasingly eco-conscious population.
Weekly News Wrap: Shopping buoys Australian economy; Pinduoduo shares surge 43% amid reduced consumer appetite
And Shopee pulls out of Argentina in a wave of Latin America exit.
‘Clean’ beauty is here to stay: GlobalData
It was found that 30% of global respondents spent quite high or very high on skincare.
The current consumer landscape is now focusing on ESG issues, according to PwC Corporate Finance head
Neil Sutton also explained that businesses have to adapt to their expectations and that companies are now focusing on their digital transformation.
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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