APAC
Asia weighs customer experience and health protocols in reshaping retail
Diebold Nixdorf will lead talks on the self-service segment in Asia.
Weekly News Wrap: Pinduoduo launches US shopping site; Uniqlo shines in America on COVID-triggered revamp
And Korean cosmetics firm Amorepacific to buy skincare brand Tata Harper.
L’Oreal net profit climbs to €3.22b in H1
This is up from €2.36b in the same quarter last year.
How brands can craft the right ‘Shoppertainment’ strategy
They should tell a story and be authentic.
Shoppertainment could open $1t opportunity for APAC brands: report
It will grow by 63% annually across markets.
Weekly News Wrap: India e-commerce firms ramp up hiring; US-based investor eyes IPO for $2.5b India mall portfolio
And Yonghui Fresh Food is planning to raise $120m before its Hong Kong IPO in 2023.
Weekly News Wrap: Tencent eyes selling 17% stake in Meituan; H&M returns on Alibaba's Tmall platform
And Miniso to ditch Japanese-inspired branding over flak in China.
adidas CEO steps down
CEO Kasper Rorsted will hand over the position through the course of 2023.
Central Group, Signa acquire Selfridges
Selfridges Group has 18 stores in three countries.
Weekly News Wrap: Apps turning leftovers to meals take off in Asia; China's Luckin Coffee eyes store expansion
And a Beijing consumer group summons grocery firm Missfresh over complaints.
Meta to halt Facebook live shopping events
This will take effect on 1 October.
Weekly News Wrap: Fast Retailing opens GU brand store in US; India's Nykaa expects stronger demand from festival season
And leadership issues blamed for Singapore-based Zilingo’s decline.
E-commerce market to reach over $20t by 2025
The market will be led by sportswear brands Nike, and Adidas.
Weekly News Wrap: Alibaba deems last year 'most severe' in decades; Zomato plunges as share lock-in period ends
And Japan’s Sankyo Seiko to purchase a French luxury fashion house.
Click here: APAC brands log in to social media to engage with customers
A Nielsen study found that 56% of APAC marketers consider social media as the most effective channel.
Prada posts over €180m net income in H1
This is despite seeing sales drop in its APAC business.
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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