News
KKV opens 2nd flagship as Tet competition in Vietnam intensifies
KKV opens 2nd flagship as Tet competition in Vietnam intensifies
The retailer will release 5,000 items for the local holiday season.
Tiffany & Co. unveils 'bone cuff'-inspired flagship in Beijing
Four-storey glass fins define the flagship designed by MVRDV
Alibaba targets 100 million users with new Qwen AI features
Integration brings shopping into main AI platform.
AS Watson commits $490m to 1,000-store 2026 rollout
Expansion accompanies anniversary milestone.
Gen Zs in China retreat from Q4 splurging amidst spending slump
Gen Z splurging slid by 14 points as country’s consumers tighten budgets.
Japan sentiment rises 16% but splurge intent still limited
Only 30% plan discretionary spending, McKinsey data shows.
Woolworths adopts Google Gemini CX to upgrade digital shopping
The supermarket chain joins the first wave of Australian Gemini CX users.
Korean spending signals surge as 36-point optimism shift defies 2024 lows
The improved sentiment comes as political tensions stabilise.
Luxury retail faces overhaul as Ralph Lauren fuses dining and fashion
The World of Ralph Lauren combines the brand’s fashion, lifestyle, and hospitality concepts.
Regional slowdown fails to choke India’s consumer spending
Gen Zs and millennials drove tech, leisure, personal care demand.
Loewe unveils largest Japanese flagship store in Ginza
CASA LOEWE Ginza is also the brand’s second-largest store in the world.
IKEA says store count nearly doubled to over 640 locations in five years
Its footprint expanded from about 375 sites as smaller formats roll out.
Prada opens flagship store in Hong Kong
Launch celebrates 20-year partnership and enhances Central’s luxury experience.
US outpaces China as largest K-beauty online market with 51% share
Europe’s share rose to 11% from 3% in 2022.
Olive Young sees record growth in K-beauty segment
Brand count rose to 116 from 36 in 2020
Australian retail sales jumps 7% in November
Western Australia, Queensland, NSW were the top states for retail gains.
China launches probe into food delivery price wars: report
The country’s regulators see excessive competition that can lead to minimised returns.
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Commentary
The festive season is a revenue moment – don't let friction or fraud derail it
All that glitters: Is luxury losing its shine, or finding a new one in Asia?