News
Trends that will shape China’s luxury market
Trends that will shape China’s luxury market
China is becoming the world’s largest luxury good market by 2025.
China on track to become world’s largest luxury market by 2025
This is even as its luxury goods demand is seen to have moderate growth.
Personal hygiene products sales to surge as Omicron hits APAC
Seven in 10 APAC consumers buy their personal hygiene products online.
J&T Express eyes largest smart logistics park in Middle East
The logistics firm will be opening a regional headquarters in Saudi Arabia.
Hong Kong retail sales up 8.1% to $353b in 2021
The retail sales value, however, was 27.3% below the 2018 level.
JD’s Lunar New Year sale features sustainability initiatives
It also features more energy-saving products.
South Korea’s e-commerce firms expand luxury goods service
SSG.com has expanded deliveries, while Lotte ON has rolled out repair services.
Weekly News Wrap: Duty-free stores boost China’s consumer spend; 7-Eleven to face investor calls for a split
And Shein is reviving plans for a New York listing.
Japan-based Nojima expands to Malaysia
Its new store in Kuala Lumpur offers a selection of furniture, appliances, and gadgets.
Victoria’s secret sells 49% of China business for $45m
The company is forming a joint venture with Hong Kong-listed Regina Miracle.
Watsons opens first store in Qatar
The nearly 3,000 square feet store features designated zones like Natural & Clean Beauty.
Figaro Coffee seeks new growth avenues after IPO
The Philippine-based company generated P767m in proceeds.
Omni-channel expansion to strengthen Nykaa ‘s grip on India’s cosmetic industry
The company plans to capture the overall market share, worth INR14.1t by 2025.
Online sellers in Southeast Asia ‘optimistic’ over 2022 outlook
74% of online sellers expect at least a 10% increase in sales, Lazada reported.
Pandamart opens 50th store in Pakistan
This was opened a little over a year after the launch of the first store.
Weekly News Wrap: India’s quick commerce boom raises road safety concerns; Hong Kong fund divests Burger King businesses
And Starbucks expands delivery services in China via a Meituan tie-up.
Una Brands acquires furniture brands ErgoTune, EverDesk+
The 8-figure deal is seen to speed up its global expansion.
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He stressed that companies can stay ahead by driving personalisation, seamless experiences, and embedding sustainability at the core of their operations.
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Winning at the shelf: Innovative packaging strategies