News
Urban China FMCG market sees 2.6% YoY growth in Q1 2024
Urban China FMCG market sees 2.6% YoY growth in Q1 2024
Home alcohol and beverage consumption surged in the past 12 weeks.
Skincare benefits drive popularity of hybrid color cosmetics
Foundation is the top category that features skincare benefits in new product launches.
Around 1 in 2 Thai consumers likely to switch beauty brands
Gen Zs want brands with positive messages, whilst Gen Xers look for cosmetic products offering skincare benefits.
Personal care spending in Hong Kong to reach $48.2b in 2024
By 2028, it is projected to reach $58.6b.
Dubai Mall set for $408m expansion
Over 200 new luxury stores and food outlets will be added.
Bangkok shopping centres revenue surges 43%
Office return rates, strong partnerships, and increased tourist spending are amongst the key drivers of this growth.
China's luxury market set for mid-single-digit growth in 2024
It witnessed a 12% YoY growth in 2023.
SHEIN launches Korean website
This affirms the group’s commitment to catering to the Korean market.
Jollibee Foods probes data breach
Its e-commerce platforms and those of its subsidiary brands remain unaffected and fully operational.
Regis Rimbert appointed CEO of Wolford AG by Lanvin Group
He replaces Silvia Azzali, who departed for personal reasons.
Philippines' SM loyalty program reaches 10 million members
This is a significant increase from five million in 2020.
GS1 2D barcodes enhance retail inventory and traceability
Enhanced data capabilities transform consumer and retailer experiences.
Global luxury market exceeds $1.6t amidst economic headwinds
The resurgence of luxury travel is a key driver of this growth.
Siam Piwat Group and Hyundai Department Store partner to enhance global shopping experience
The Global Privilege Partnership provides superior privileges to ONESIAM and Hyundai members.
Polène opens flagship store in Seoul
This marks a significant addition to its established locations in Paris, New York, and Tokyo.
Strategic marketing boosts WCT Malls tenant success
WCT Malls tenants see 22% sales increase in 2023
FairPrice Group relaunches 'Save Every Day' campaign
It offers customers over $2,000 in savings.
Commentary
Digital giants to retailers: The playbook for scaling ad revenue with onsite retail media