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Global personal luxury goods spending holds steady as currency effects weigh
Global personal luxury goods spending holds steady as currency effects weigh
Looking ahead, the firm expects solid underlying growth over the next decade as the global luxury customer base expands.
Shiseido targets cash flow of ¥600b by 2030
The cosmetics brand also aims a core operating profit margin exceeding 10%.
Miniso Group reaches 8,000-store milestone in September
Its total stores stood at 8,138 as of 30 September 2025, a year-on-year increase of 718 new outlets.
Foodpanda adds ride hailing to pandapro
Foodpanda claims users can save up to 70% on everyday services.
lululemon opens flagship store in Seoul
The Gangnam store is the brand’s first Korea outlet that features its design concept.
Edition opens first standalone Singapore store at Raffles City
The boutique coincides with the launch of its Winter 2025 collection.
L’Oreal takes minority stake in Chinese skincare brand Lan
The investment follows the group’s purchase of a 6.67% stake in Chando for $62m.
Watsons opens new beauty and wellness store at Bugis Junction
The 3,700-square-foot store targets the youth by featuring immersive zones.
APAC leads global retail growth with 5% real spending rise
APAC is the most balanced omnichannel region globally, with store-based retail sales projected to grow 20.4%.
Tourism growth lifts Singapore retail rents in Q3
17 to 18.5 million international visitor arrivals are projected for the full-year 2025.
Swiss sportswear brand On opens first South Korea stores
The stores will open at Hyundai Seoul and Lotte World Mall Jamsil.
TikTok launches 'Lead Genie' AI chatbot
When businesses reply within three minutes, conversions can increase by 2.2 times.
Acne Studios opens its first outlet in Thailand
The store marked its launch with a new limited-edition T-shirt and the Trompe L’oeil collection.
Metro Retail Stores opens new premium lifestyle store in Cebu, PH
It offers essentials, artisan goods, organic products, and international specialities.
Luxury brands risk stagnation without experience-led strategy: report
Two-thirds of luxury professionals surveyed said AI would improve their ability to target consumers more precisely.
Consumers resist QR codes with trust shifting to AI search tools
Euromonitor noted 37% of consumers report reading nutrition labels closely globally.
KK Group accelerates expansion with Philippine launch of three core brands
This is in partnership with SM Supermalls.
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FMCG Asia Awards 2025 Winner: Jason Sng of FairPrice Group
Jason Sng of FairPrice Xtra VivoCity shares how its partnership with LOTTE Mart has elevated the in-store experience across FairPrice Xtra outlets.
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When AI becomes the front door: How marketing in Singapore will really change in 2026