News
Thailand’s The Mall Group opens The Emsphere
It will feature over 1,000 brands in fashion, dining, health and wellness.
JD Logistics achieves a 70% growth in overseas orders during Black Friday
AI and automation helped propel sales for the China-based e-commerce channel.
3 in 4 Southeast Asian consumers live ‘digital lifestyles’
They use technology to make their lives better.
Hong Kong’s LOJEL introduces new Cubo Refresh collection for sustainable push
Cubo Refresh is made of 50% recycled materials.
JD Worldwide launches feature to support beauty, skincare retailers
The platform will feature incentives for sellers of beauty and skincare items.
Malaysia’s Seibu opens first luxury Japanese department store
The new department store will feature 700 luxury brands, both local and international.
Around 1 in 2 Thai consumers delay or cancel purchase due to inflation
They are spending less on clothes and accessories, and on dining out.
What are the ‘biggest turn-offs’ for APAC luxury consumers?
Lack of transparency on sustainability efforts is the top reason.
Need for retailers to adopt sustainability is ‘very urgent’
Retailers face an urgent need to adopt sustainable practices, navigating consumer perceptions and innovative labeling systems.
How the “new normal” of global travel will impact the fashion industry
Tourism is expected to hit and even exceed pre-pandemic levels by 10% in 2024.
Shopee Malaysia achieves record-high 34 million hours of livestreaming and online selling in 2023
It also attained 3.5 billion instances of live engagement with local influencers and sellers.
Generative AI is the next creative path in fashion
Nearly $14.1b was invested into AI-focused startups.
Seven & i Holdings to buy Australian 7-11 franchise
There are 751 7-Eleven outlets in Australia.
Non-alcoholic beverages gain $83m from sports sponsorships
Rugby is the most lucrative market with $14.88m in revenue.
Foot Locker to enter the Indian market in 2024
Metro Brands and Nykaa Fashion will license the brand for their respective platforms.
Lemaire enters South Korean luxury market
It will be the first flagship store outside of France.
Commentary
If the AI agent doesn't know your brand, neither does your next customer
How Asia’s retailers can prepare for AI-first commerce