News
Global clothing and textile recycling market to hit $20.2b by 2031
Global clothing and textile recycling market to hit $20.2b by 2031
Retailers boost recycling with take-back programmes despite logistics challenges.
IKEA to close 7 China stores despite expansion plans
Weak consumer sentiment a key factor in shutdown.
TikTok Shop boosts Filipino MSME sales over 200% in 2025
Over 25,000 Filipino entrepreneurs trained in TikTok Shop tools
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
Thailand’s Central Retail exits Vietnam electronics market after Nguyen Kim sale
Thai retail giant to take $188.7m hit after sale
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.
Vietnam’s e-commerce boom faces growing pains
Most rely heavily on platforms like Shopee and TikTok Shop.
South Korea FMCG market up 3.3% in Q3
Online channels make up 42.7% of the market.
Smart shopping cart market to quadruple by 2030
Supermarkets are leading adoption.
Commentary
How EV buyers in Asia are rewriting consumer trust and retail competition
If the AI agent doesn't know your brand, neither does your next customer