APAC
Three in four shoppers tighten budgets amidst higher prices
Three in four shoppers tighten budgets amidst higher prices
Consumers will likely switch to e-commerce for better and cheaper deals.
Over 40% of consumers are not willing to pay extra for green products
This challenges retailers to close the prices of sustainable products to conventional brands.
In-game sales could climb by 23% in 2024: report
This comes as more consumers play immersive video games online.
Fraud Detection, Prevention Must Look Beyond Technology
Risk prevention executives cite a combination of strategy, cooperation, data, good customer service.
LVMH appoints new Louis Vuitton, Christian Dior Couture CEOs
Their appointment will be effective on 1 February.
Brown - Forman Japan leads female engagement with digital promotion
It promoted the brand through a collaboration with three of Japan’s most famous female bartenders.
BNPL regulations toughen debt prevention and financial literacy in APAC
The Philippines, Vietnam, and Indonesia are more vulnerable to the risks of credit products, Euromonitor International reported.
Weekly News Wrap: As travel resumes, China’s luxury shoppers stay local; Challenging outlook for Hong Kong’s retail sector
And Apple begins hiring retail store staff in India.
Partnering up for a recession-proof 2023 - a retailer’s guide
In 2021, retailers looked forward to 2022 as the light at the end of the COVID-19 tunnel. Now in 2023 you’re more likely to be greeting the new year with some uncertainty, resignation or even dread.
Weekly News Wrap: Most Chinese shoppers still cautious of going out; Singaporeans hit the malls before sales tax hike
And China pledges to step up financial support to the catering sector.
Around 6 in 10 AMEA consumers expect sustainability in online shopping
They are interested in sustainability as much as they are in delivery speed.
Have a holly jolly holiday!
Retail Asia will be back on 9 January 2023.
What 2022 has taught retailers about pushing for a better shopping experience
Having a mobile-first strategy remains the number one driver to meet customer expectations.
Weekly News Wrap: Cautious travelers hit China's consumer sector; Shein sets aside $15m on factory upgrades
And a top Xiaomi India executive resigns as challenges mount.
Mars China clinches Health & Wellness Initiative of the Year - China at the FMCG Asia Awards 2022
Innovative EOHP campaign attracts considerable public impressions and lives Mars Purpose.
Weekly News Wrap: Lockdowns boost Pinduoduo’s Q3 revenues; Ex-Flipkart exec’s startup bags $5.8m in seed funding
And UK-based online fashion retailer Boohoo expands to India.
Weekly News Wrap: Amazon shutters food delivery business in India; Louis Vuitton to launch homeware store in Shanghai
And US-based Fanatics to refurbish retail stores at Tokyo Dome in a deal with Yomiuri Giants.
Commentary
Why e-commerce winners in SEA are rethinking operating models
Why flexible storage is the backbone of the pop-up economy
How point of sale became the hub for customer experience
APAC retailers need to rethink where fraud prevention begins
How Singapore consumer brands can build strong supply chains amidst rising input costs