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Weekly News Wrap: Gold discounts arise in top Asian hubs; Japan's food shoppers ditch doubts on online grocery
Weekly News Wrap: Gold discounts arise in top Asian hubs; Japan's food shoppers ditch doubts on online grocery
And a surge in food deliveries in Singapore has accelerated plastic waste.
Hong Kong's retail sales down 32.8% to $26.8b in May
It narrowed from April following a stabilised local epidemic situation.
Dairy Farm launches two concept stores in Hong Kong
This includes a new 7-Eleven concept shop and a revamped Market Place.
Organic formulations boost India's skincare market
The facial care category is projected to rise the fastest.
China's haircare brands to grow 4.2% yearly by 2024
Products with ‘natural ingredients’ and ‘free from chemicals’ are steering growth.
Webrooming customers spent twice more in Singapore stores
Companies are likely to leverage on this behaviour to offer seamless omnichannel shopping.
Hong Kong jeweller Tse Sui Luen's profit tumbles 265.6% in FY2020
Its turnover likewise crashed 28.3% YoY over the same period to $2.91b.
Singapore virtual fashion festival to be held on August
The show will present 25 homegrown labels.
Bank transfers, digital wallets spur Hong Kong e-commerce market
The two methods are rising at CAGR of 12% and 11%, respectively.
Weekly News Wrap: China's e-commerce giants bag $137b in 618 event; Japanese retail stocks surge
And Singapore’s stores are bearish about their business post-pandemic.
Opportunities flow for RTD cocktails in India
Bars and pubs have been largely kept out of the purview post-lockdown.
More APAC consumers fully adopt digital commerce: study
About 75% tap-and-go payments users will keep using contactless transactions.
Consumer confidence crucial to China's economic recovery
Households suffered a large income shock in Q1.
Amazon rolls out learning portal for Singaporean SMBs
Its interactive eLearning content offers live practice opportunities.
Two in five SEA retailers eye going digital
Retailers were urged to consider driving an omnichannel strategy.
South Korea's major retailers' profits projected to halve in Q2: poll
Korea’s No. 2 Shinsegae's profits expected to contract by 89%.
Weekly News Wrap: Virus fears drag China's retail sales; Indians still focused on essentials post-lockdown
And luxury foods in Japan take hit as restaurants struggle.
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