APAC
Around 60 APAC companies included in Top 250 retailers
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.
APAC businesses leads in customer experience investment: report
About 60% of made investment in customer experience, higher than other regions.
APAC social ad spend rises 24% QoQ in Q4 2021: Emplifi
It rose 11% year-on-year to $2,793.12 per ad account per month.
Weekly News Wrap: US includes AliExpress in piracy market list; Starbucks China faces public fury over “misunderstanding”
And Shein is on a hiring spree as it shifts its key assets to Singapore.
1 in 3 SMBs in Australia eye international expansion: study
The study found most SMBs are interested in reaching North American customers.
L’Oreal sees over 17% sales growth in North Asia
Sales reached €9.86b in December 2021.
Board Asia Pacific to outline how businesses can optimise operations with digital transformation
Join Board Asia Pacific and Retail Asia to know more about how the shift to digital can assist companies in decision making.
Weekly News Wrap: Hong Kong residents raid supermarket shelves; Seven & i urged to focus on 7-Eleven business
And Alibaba-backed Huitongda Network to price its Hong Kong IPO at bottom of range.
Yves Saint Laurent rolls out Valentine’s Day products to JD consumers
All products could be delivered to consumers within 24 hours.
Commentary
Digital giants to retailers: The playbook for scaling ad revenue with onsite retail media