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.
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It was honoured for improvements to its shopping platform, "Platform of Opportunity," and Disney-themed customer experience.
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Packaging the future: Why Asia’s F&B sector must treat sustainability as strategy