APAC
Lanvin Group revenue falls due to to weaker demand in EMEA, China
Lanvin Group revenue falls due to to weaker demand in EMEA, China
Macroeconomic challenges contributed to the decline.
Rising tariffs push consumers toward local products, value alternatives
Nearly half are switching to cheaper brands.
TikTok launches new campaign to target high-intent users in APAC
It aims to help brands reach active shoppers in the region.
Estée Lauder Companies uses custom AI agent to centralise data
It uses genAI to analyse and deliver real-time insights.
OpenAI upgrades ChatGPT with smarter shopping search, product recommendations
It is available in the GPT-4o model.
Deliveroo receives $3.6b buyout proposal from DoorDash
DoorDash must submit a firm offer by 23 May.
Mars Petcare appoints new global people and organisation VP
He will join the company in July.
AI-driven marketing isn’t just the future, it’s already proving its value – EY’s Olivier Gergele
Retailers who embrace digital innovation, stay agile, and keep the consumer at the centre are best positioned to lead.
Unlock the power of AI in solving supply chain challenges with RELEX Solutions
Achieve supply chain success with AI-powered forecasting and collaboration.
Robotic last-mile delivery market to hit $1.74b by 2032
Robotic deliveries are also projected to reach 25,000 by 2032.
Digital giants to retailers: The playbook for scaling ad revenue with onsite retail media
If traditional models do not work, what is the best way to succeed in the retail media business?
Temu partners with Eurofins to strengthen product safety, compliance
Eurofins Assurance will conduct independent product inspections.
Social media replaces search engines as key shopping, discovery tool
Platforms like TikTok and Douyin are growing rapidly.
Shein increases use of deadstock fabric by 40% in 2024
The initiative is part of SHEIN’s evoluSHEIN roadmap.
APRIL FOOLS: IKEA plans to launch linear store format
This follows customer complaints about getting lost in its current layout.
Shiseido announces organisational changes for China, travel retail operations
It is expected to help the brand better serve Chinese consumers.
SHEIN invests $70m to empower supply chain partners by 2028
It also invested $7.5M in Southern China factory upgrades.
Commentary
This 11.11, the real battle lies in shopper confidence – not the biggest discount