APAC
Which APAC shoppers should businesses watch?
Which APAC shoppers should businesses watch?
This includes digital streamliners, and social explorers, amongst others.
Around 7 in 10 Southeast Asian consumers see online shopping as “integral” part of life
The study also found that 60% welcomed online shopping in the last two years.
Weekly News Wrap: Chanel duels South Korean resellers; Dingdong apologizes over expired food products
And Indian beauty company Nykaa is eyeing physical retail expansion.
Prada APAC sales jump 29% YoY in 2021
The sales in the region reached around $1.3b.
Starbucks, Grab enter partnership for six Southeast Asian markets
These markets include Philippines, Thailand, Singapore, Malaysia, Indonesia, and Vietnam.
Weekly News Wrap: Fukushima’s F&B businesses woo back diners; Swire Pacific invests in retail-led projects in China
And Yum China’s shares dive amidst auditing dispute with US regulators.
JCCU launches emergency donations for Ukrainian children
Donations will be used partly to send relief to the crisis-hit Ukraine.
Which Southeast Asian companies made it to the Top 250 retailers?
These were from Thailand, Indonesia, Philippines, and Vietnam.
Around 60 APAC companies included in Top 250 retailers
China’s JD.com, Inc., which is the top company from the region, ranked 9th globally.
Brands are shifting to sustainable practices, EY exec Atul Chanda says
As a result of consumer demand and higher production costs.
UNIQLO temporarily suspends operations in Russia amidst conflict
The company also condemned all forms of aggression that violate human rights.
Greater China, APAC drag Adidas’ sales growth in 2021
The market reduced Adidas’ revenue growth by €1.5b.
Asia’s retail experts to converge in Retail Asia Summit 2022
Notable speakers will lead various discussions in the two-day summit.
Weekly News Wrap: Amazon and Future Group agree to talks; Shopee exits France months after launch
And the founder of China’s Haidilao has stepped down as CEO.
Growth in sight for Asia Pacific’s retail markets
Nearly all major destinations are expected to see bigger domestic visitor volumes.
Weekly News Wrap: Hong Kong rolls out support for small retailers; Reliance Industries takes over 200 stores from Future Group
And China’s Shein has put on hold its US IPO amidst the crisis in Ukraine.
APAC businesses lag in having skills for digital customer experience delivery
Around 80% of APAC businesses are worried about the lack of skills for digital customer experience delivery.
Commentary
Unwrapping the psychology behind festive snacking in Southeast Asia