APAC

APAC consumers embrace cost-conscious spending

APAC consumers embrace cost-conscious spending

They are focusing on products that offer better functionality, quality, convenience, and health benefits.

8 in 10 consumers plan to buy natural diamond jewellery in 2025

Over 90% of respondents intend to purchase a gift this year.

Retail growth in APAC to continue amidst regional differences

In China, a net negative trend is expected to intensify.

Global sportswear industry faces softer growth in 2025

Premium products and innovative features are expected to sustain consumer demand.

APAC retail leasing sees renewed growth in Q4 2024

In Japan, the retail market thrives on tourism-fueled entertainment demand.

Ingka Investments pledges $1b for recycling infrastructure

It aims to accelerate the availability of recycled materials.

Lanvin Group names new executive president

Eric Chan, the current CEO, will step down and join the board of directors.

IBM, L'Oréal team up to advance AI-driven, sustainable cosmetic formulations

A custom AI model will be created to help L'Oréal develop sustainable and high-performance products.

Gen Alpha set to dominate consumer market by 2040

Although they don't earn money yet, they are already influencing household spending.

Delivery platforms help small foodservice operators reach more consumers

It allows smaller businesses to have more visibility and access to urban and Tier-2 city consumers.

APAC retail markets focus on local consumers in 2024

With international tourist numbers still recovering, project innovation became key to growth.

Urban Revivo targets global fashion capitals in 2025

It will also strengthen its foothold in Southeast Asia through franchising and direct operations.

Cultivated meat gains popularity in APAC as demand for sustainable protein grows

Traditional animal farming is now unable to meet the rising meat demand.

Retailers need more than personalised service to make the cut

Consumers are becoming less tolerant of generic and inauthentic customised experience.

Zara’s recent campaigns focus on individuality, inclusivity

The campaigns use a mix of minimalist and playful visuals to appeal to different consumer segments.

Food companies in APAC focus on health, convenience amidst rising costs

These are now the key priorities for packaged food companies in the region.

L'Oréal acquires Korean skincare brand Dr.G

The deal is expected to close in the next few months, pending regulatory approvals.