News

IKEA opens first New Zealand store at Sylvia Park

It offers 7,500 products and spans 34,000 square metres.

Olive Young Seongsu stores see 592% surge in foreign spend

International card transactions climbed 79% and outpaced the 4% increase amongst domestic users.

Shopee allocates $38.46m to SME programmes for 2026

The investment covers start-up cost relief, fulfilment support, and export options.

TikTok disrupts how Asia buys beauty

Creator-led authenticity redefines how consumers buy products online.

Multisensory beauty products projected to grow through 2030

Consumers will consider how products feel in their skin, or how their scents.

APAC consumers drive rise in intentional sensory food and drink formats

China, Thailand and South Korea show demand for sensory-led consumption.

Australia retail spending rises 5.7% to $38.50b in October

Early Christmas buying and broad category gains support monthly growth.

APAC to drive global sportswear market expansion by 2029

The region is forecast to deliver a CAGR of 4.4%.

Siam Paragon launches THB850m sustainable retail building

NEXTOPIA will use renewable energy and carry 300 SME retailers, amongst others.

Nearly 3 in ten Australians shop earlier for Christmas this year

Younger adults drive higher average spend despite fewer gift buyers.

Asia Pacific marketers plan higher 2026 spending on video and e-commerce

Kantar’s ranking of 2025 media channels placed digital out-of-home in the top position for both consumers and marketers.

F&B operators drive retail leasing as 2026 demand strengthens

Prime retail rents are forecast to grow 1.5% to 2.5% in 2026 in Orchard Road and the suburbs.

Dermocosmetics surge as skincare gets scientific

Innovation and education are redefining the dermocosmetics landscape.

MINISO Land opens first flagship store in Australia

MINISO Land Sydney offers 7,000 SKUs with 70% of products being IP collaborations.

Singapore consumers show rising openness to agentic AI shopping

By 2030, consumers expect about 10% of their online purchases to be made through AI agents.