News
Hong Kong’s retail market contracts as locals travel abroad
Hong Kong’s retail market contracts as locals travel abroad
Total retail sales value fell 11.8% to $29.1b in July.
Thai dairy alternatives and meat substitutes market to grow 3-5% CAGR by 2028
Manufacturers are using new ingredients and technologies to improve their products.
Dior unveils reinvented Galaxy Macau boutique
It has a VIP private shopping areas, offering a personalised and intimate luxury experience for both men and women.
Central Group takes over Swiss department store operator Globus
It will now fully own all nine Globus stores in Switzerland.
LVMH acquires stake in Moncler
It aims to increase its investment in Double R by up to 22%.
AI drives personalised haircare solutions in APAC
Generative AI tools, such as virtual try-ons using images and videos, are also gaining popularity.
Aussie consumers losing trust in supermarket pricing
Shoppers are confused on pricing strategies such as frequent specials, short-term discounts, and bulk promotions.
Starbucks appoints Molly Liu as sole CEO of China operations
She will now take full responsibility for overseeing the company's business in the region.
Italy probes Shein over greenwashing claims
It claims Shein misrepresents sustainability with vague and misleading product statements.
Ingka expands omnichannel strategy with new IKEA store in Shanghai
It integrates digital displays with physical shopping.
Adrian Cheng resigns as CEO of New World Development
Ma Siu-Cheung will assume his role.
Oral beauty gains traction amongst Asian consumers
The “oral beauty" or "oral care skinification” blends skincare ingredients.
Shiseido harnesses AI for innovative cosmetics development
It combines over 100 years of Shiseido’s research expertise with advanced AI technology.
Montblanc taps Giorgio Sarné as CEO
He has served as brand president and CEO of Stuart Weitzman at Tapestry Group for the past four years.
Halloween spending in Australia set to reach $450m
Only 21% of Australians are planning to celebrate the holiday.
Food delivery services innovate payment options to combat rising costs
About 30% of consumers globally prefer digital wallets for food orders.
Korea retail sales increase 9.2% in August
It was led by strong online growth.
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1. Foodpanda automates ‘dark stores’ in Singapore to speed up deliveries 2. Indonesia e-commerce market to hit $46.6b by 2025 3. Tim Hortons launches packaged coffee in South Korea 4. Malaysian retailers told to prioritise technology, consumer-centric approaches 5. Unlock the power of AI in solving supply chain challenges with RELEX SolutionsResource Center
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Digital giants to retailers: The playbook for scaling ad revenue with onsite retail media