News
Singapore's retail sector faces increased cyber threats this holiday season
Singapore's retail sector faces increased cyber threats this holiday season
The majority of breaches were caused by system intrusions and social engineering.
Gen MZ drives South Korea’s second-hand luxury boom
This shift is driven primarily by younger generations.
Walmart partners with Meituan to boost e-commerce in China
Meituan will provide delivery services for Walmart products.
Mars sets 2030 target for fully segregated cocoa in products
It will only use cocoa from farms in the program or certified by approved bodies.
FairPrice Group extends discount schemes through 2025
A key initiative is the continuation of the discount scheme for CHAS Orange cardholders.
Diamond industry heading towards turning point: McKinsey
The younger consumer base will lean towards an ethically sourced diamond.
Over 80% of Chinese consumers now consider wellness a top priority
85% said they purchased more in the healthy-aging category.
Competition for ultra-fast food delivery in India fiercer as demand grows
However, challenges include maintaining food quality during expedited deliveries.
ASEAN-6's e-commerce export revenue to reach US$30.4b by 2028
However, 90% of MSMEs lack understanding of foreign export regulations.
PH advisory on holiday sales seen as ‘advantageous’ to retailers
Customers linger longer in malls to avoid traffic.
IKEA’s expansion to New Zealand on track for 2025 opening
It will be IKEA’s first new market since 2020 when it opened in Slovenia.
Alibaba to sell department store unit for $1.3b loss
The sale will result in a $1.3b loss as Alibaba shifts focus back to its core e-commerce business.
Over half of Mainland China’s luxury shoppers to increase purchases in 2025
In Hong Kong, only 48% of luxury consumers share the same sentiment.
Global soft drinks industry up 3% in 2024
The growth, whilst steady, was tempered by higher pricing across key markets.
Deliveroo launches ‘Deliveroo Shopping’ in HK
This expands Deliveroo’s offerings, providing consumers with a wide range of products.
Endeavor Philippines helps e-commerce entrepreneurs with mentorship, funding
It aims to create a lasting impact on the country's entrepreneurial ecosystem.
Boxed chocolates, educational toys to lead holiday sales in 2024
Boxed chocolate assortments are set to reach $23.9B this year.
Commentary
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