News
Indonesian retailers expect festivities seen driving 4.4% sales growth in December
Indonesian retailers expect festivities seen driving 4.4% sales growth in December
It may follow November’s 6.3% YoY sales index rise in the country.
5 hours ago
Tiffany & Co. unveils 'bone cuff'-inspired flagship in Beijing
Four-storey glass fins define the flagship designed by MVRDV
5 hours ago
Alibaba targets 100 million users with new Qwen AI features
Integration brings shopping into main AI platform.
6 hours ago
AS Watson commits $490m to 1,000-store 2026 rollout
Expansion accompanies anniversary milestone.
6 hours ago
Gen Zs in China retreat from Q4 splurging amidst spending slump
Gen Z splurging slid by 14 points as country’s consumers tighten budgets.
2 days ago
Japan sentiment rises 16% but splurge intent still limited
Only 30% plan discretionary spending, McKinsey data shows.
2 days ago
Woolworths adopts Google Gemini CX to upgrade digital shopping
The supermarket chain joins the first wave of Australian Gemini CX users.
2 days ago
Korean spending signals surge as 36-point optimism shift defies 2024 lows
The improved sentiment comes as political tensions stabilise.
2 days ago
Luxury retail faces overhaul as Ralph Lauren fuses dining and fashion
The World of Ralph Lauren combines the brand’s fashion, lifestyle, and hospitality concepts.
2 days ago
Regional slowdown fails to choke India’s consumer spending
Gen Zs and millennials drove tech, leisure, personal care demand.
2 days ago
Loewe unveils largest Japanese flagship store in Ginza
CASA LOEWE Ginza is also the brand’s second-largest store in the world.
3 days ago
IKEA says store count nearly doubled to over 640 locations in five years
Its footprint expanded from about 375 sites as smaller formats roll out.
3 days ago
Prada opens flagship store in Hong Kong
Launch celebrates 20-year partnership and enhances Central’s luxury experience.
3 days ago
US outpaces China as largest K-beauty online market with 51% share
Europe’s share rose to 11% from 3% in 2022.
3 days ago
Olive Young sees record growth in K-beauty segment
Brand count rose to 116 from 36 in 2020
4 days ago
Australian retail sales jumps 7% in November
Western Australia, Queensland, NSW were the top states for retail gains.
4 days ago
China launches probe into food delivery price wars: report
The country’s regulators see excessive competition that can lead to minimised returns.
4 days ago
Commentary
All that glitters: Is luxury losing its shine, or finding a new one in Asia?