News
Retail spending in Australia reaches $24.04b in September
Retail spending in Australia reaches $24.04b in September
This is a 2.3% increase from the same month last year.
URBAN REVIVO revamps store in ICONSIAM
It is part of the group's ongoing expansion in Thailand.
Watami takes over Subway Japan
The company will be promoting its recycling-based sixth-industry model.
Over four in 10 consumers enjoy trying new tastes: report
Spicy flavours grew substantially, making up nearly a fifth of NPLs.
SG Singles’ Day online sales surge by 159% in 2023
SEA’s transactions also skyrocketed by 140%.
lululemon opens largest store in Australia
It spans over 11,000 sq ft, featuring an expanded menswear collection.
Lazada launches GenAI-powered in-app features
Nine in 10 trusts and rely on AI for personalised recommendations.
Nearly 90% of SEA consumers base purchase decisions on AI
Majority are also willing to pay for AI-enhanced shopping experience.
S'pore consumers plan to shop in holiday sales period
Nearly a quarter plan to shop via TikTok Shop, followed by other apps like Amazon and Grab.
Luxury F&B ventures risk diluting brand identity
Luxury fashion brands like Chanel and Dior are expanding beyond retail.
Lulu Retail eyes raising $1.43b through UAE maiden offering
This will be the country’s biggest IPO this year.
Starbucks Australia names Braeden Lord as new CEO
The appointment will be effective on 25 November.
Birkenstock takes over direct distribution in South Korea
It will be via its newly launched online shop.
M&M’s and Kate Spade launch candy-themed collection
The collection will be available on 1 November.
Brands risk losing customers without seamless omnichannel marketing
Disconnected online and offline strategies could alienate consumers.
One-fourth of Japanese consumers opt for low-alcohol beverages
It is primarily observed amongst the younger generation.
Global retail sales projected to rebound in 2025
Challenges such as weak demand and inflationary pressures will continue to persist.
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