News

Shopee launches international platform to boost Singapore sellers

It helps local sellers expand into Malaysia and Thailand at no extra cost.

Personalised gifts market to grow by $10.76b by 2029

A key driver of growth is the rise of eco-friendly gifts.

Korea retail sales up 8.2% in 2024

Offline sales saw a modest 2% rise.

E-commerce market to grow by $12.95t by 2027

It is driven by the increasing internet usage and widespread smartphone adoption.

Australians to spend $535m on Valentine’s Day

New South Wales leads the nation in spending.

Retailers weigh market size, import restrictions in cross-border expansion

Entry decisions depend on demand, brand awareness, and trade barriers.

Digital payments make up 53% of Australia’s e-commerce in 2024

The country's e-commerce market is projected to reach $70.3b by 2029.

Singapore retail sales down 2.9% in December

Total retail sales were estimated at $4.6b.

China’s F&B sector forecast to see slower growth

This is due to a shift in demand towards outdoor and leisure activities.

L’Oréal sells $3.11b Sanofi stake

L’Oréal’s stake in Sanofi will drop to 7.2% of its share capital.

Australia retail industry urges government support in federal budget

Retailers prioritise increased support for small and medium businesses.

Here are emerging trends in China’s consumer sector

The government is actively boosting domestic consumption.

Sustainable product lines struggling amidst growing consumer consciousness

Four in 10 global consumers purchase sustainable products at least once a month.

AS Watson appoints Clarice Au as CEO of Retail Hong Kong

She will oversee the operations of Watsons, PARKnSHOP, Fortress, and Watson’s Wine.

China Jo-Jo Drugstores restructures to focus on pharmaceutical wholesale

It will acquire Allright (Hangzhou) Internet Technology Co., Lt.