APAC
Meeting halfway: Daraz juggles assortment and delivery speed
Meeting halfway: Daraz juggles assortment and delivery speed
It won’t dive into quick commerce at the expense of its merchandise mix, says Daraz CEO.
Weekly News Wrap: Alibaba, JD.com stock exodus intensifies; 7-Eleven operator picks ex-Uber executive
And Future Retail’s secured lenders reject $3.4b asset sale to Reliance.
Weekly News Wrap: Lawson mulls supermarket chain IPO; GoTo soars 23% in market debut
And Zilingo suspends its CEO amidst a probe on its accounting practices.
Boosting retail business operations through innovative digital strategies and solutions
The people’s involvement is critical in every business’ digital transformation journey.
Fast Retailing profit grows 12.7% to ¥189.2b in H1 2022
The company also projected an 8.4% growth in 2022.
UNIQLO International poses ‘significant’ profit increase in H1 2022
It saw a nearly 50% increase in profit to ¥100.3b.
Social causes key in APAC marketing efforts
Around 60% of APAC marketers consider diversity and inclusion important to their organisations.
APAC marketers plan to increase ad spending by 34%
Social media is the top advertising platform for marketers.
Innovations, value-adding, and cost reduction in retail companies
A healthy balance or a calculated risk can make or break a company’s success, says EY’s Olivier Gergele.
PwC’s Michael Cheng joins the panel of judges at the Retail Asia Awards 2022
He shares trends for retail companies in rebuilding strategies and becoming more resilient.
Weekly News Wrap: Tata rolls out new e-commerce app; Flipkart raises IPO valuation target to $60-70b
And India’s antitrust body probes Zomato and Swiggy over alleged breaching neutrality rules.
Digital payments, fresh strategies, and recovery
Companies need to adapt to a new normal of business in order to survive, says Euromonitor senior consultant.
Weekly News Wrap: Indian jewelers revive expansion plans; Shopee’s Sea exits India
And Domino’s Pizza China operator is filing for Hong Kong listing.
Demographic shifts boost APAC’s DIY home improvement retail market
But the lack of skilled professionals in the sector might hold back growth in coming years.
Foodpanda dedicates $35m to support communities, MSMEs in 2021
The platform has also committed funds in upskilling its delivery riders.
Weekly News Wrap: Russia turns to Chinese and Indian retailers; Alibaba’s shares rise 11% after raising share buyback program
And Indian lenders are set to start debt recovery proceedings against Future Retail.
Athleisure market to grow 25% by 2025: GlobalData
The market is expected to be valued at $551b by 2025.
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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