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IKEA joins Partnership on AI to promote ethical AI development
IKEA joins Partnership on AI to promote ethical AI development
The company recently launched an AI and Data Literacy initiative to educate its workforce.
Tourism and 'revenge' spending drive Asia's retail sector growth
Key cities like Tokyo, Seoul, and some major Australian markets have seen growth in retail sales due to tourism.
Reliance Retail and Delta Galil form JV to target Indian apparel market
The partnership will focus on intimate apparel, activewear, and lifestyle clothing.
Taobao launches English interface in Singapore
The new interface includes SGD price conversion and AI-powered English product descriptions.
How can real estate owners capitalise on experiential retail?
Experiential retailers require high-traffic locations due to their high capital demands.
Ingka Centres to invest $670m in new retail complex in India
It is expected to attract over 25 million visitors.
Sustainability takes a hit as CEOs prioritise AI and inflation
About 30% of companies are struggling to meet their existing sustainability commitments.
Three key trends driving Asia-Pacific e-commerce
Asia-Pacific consumers are leading the charge in social media shopping.
L Catterton acquires majority stake in bath and body brand Stenders
Stenders will use the investment to expand internationally in Asia, Europe, the Middle East, and the US.
What ingredient transparency can do to boost beauty product growth
Consumers demand clarity on ingredients, driving market expansion.
Seven & i Holdings rejects $38.5b takeover offer from Couche-Tard
Couche-Tard's offer was priced at $14.86 per share.
TOM FORD names Haider Ackermann as creative director
He will lead the creative direction for all TOM FORD fashion categories.
GCC retail sales expected to exceed $280b by 2028
Rising female employment is boosting growth in beauty, health, luxury, and apparel retail categories.
Philippines' Century Pacific acquires 100% of Coco Harvest
The deal was valued at around $40m.
ASOS sells 75% stake in Topshop and Topman to Heartland
This is part of ASOS' broader refinancing efforts.
East Asia accounts for 41% of global e-commerce sales
China, Japan, and South Korea are the top retail e-commerce markets in the region.
Central Retail goes green on packaging to cut carbon footprint
Each unit of the Thai chain’s 100% organic meat packaging cuts CO2 emissions by 64 grams.
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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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Key strategies include embracing sustainability and exploring international markets.
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Digital giants to retailers: The playbook for scaling ad revenue with onsite retail media