News

Experiences overtaking products in luxury spending

Private jets, yachts expand 9% as travel demand climbs

Philippines' Jollibee lists international business spinoff in US

Jollibee Foods Corporation International will include its operations, businesses outside the Philippines.

Luxury distribution shifts toward value in 2025 with outlets leading

Outlets again outperformed, growing about 1% to 3%, whilst the secondhand luxury market expanded to about €50b.

Generative AI reshapes online shopping discovery with conversational search

AI-powered search could influence more than US$595b in retail e-commerce by 2028.

Louis Vuitton opens Seoul flagship store

It features six floors, 200 pieces, and a cafe and restaurant.

Bandai Namco opens Gundam flagship store in Hong Kong

Store offers over 100 Gundam models and exclusive content.

Singapore ranks seventh globally in Savills’ 'Matcha Index'

Matcha Index highlights cost competitiveness against major tech hubs

Singapore retail sales rise 6.3% in November 2025

It reached a value of $4.4b during the month.  

Hong Kong retail sales up 6.5% in November 2025

The value was provisionally estimated at $33.7b.

China retail stays tough as price wars, weak demand persist: report

It reported private brand penetration of 4.4% in China across the four categories studied.

South Korea FMCG market up 3.3% in Q3

Online channels make up 42.7% of the market.

Vietnam’s e-commerce boom faces growing pains

Most rely heavily on platforms like Shopee and TikTok Shop.

Asian retailers turn to agentic AI for inventory resilience

This is amidst supply chain disruptions that are observed in Asia and Australia.

Toys “R” Us Asia opens IP flagship store in Malaysia

It will retail products from TOMICA, Pokémon, and Gundam from Japan.