APAC
APAC retail leasing sees renewed growth in Q4 2024
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.
Meal deals gain ground as key offering in APAC QSRs
It remains a popular choice amongst workers and students.
APAC parents prioritise quality in baby care amidst economic slowdown
37% believe high-quality ingredients offer good value for money.
Multifunctional cosmetics demand boosts sunscreen use in APAC
It is driven by younger generations, who are more attuned to the risks of sun exposure
Mars sets 2030 target for fully segregated cocoa in products
It will only use cocoa from farms in the program or certified by approved bodies.
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The retailer strengthened consumer trust through value-led campaigns and innovative launches.
Commentary
This 11.11, the real battle lies in shopper confidence – not the biggest discount