News

Malaysian e-commerce market to reach $15.7b in 2028

Alternative payment methods are the most preferred.

LVMH enters 10-year partnership with Formula 1

The strategic alliance includes several of LVMH’s iconic Maisons such as Louis Vuitton, Moët Hennessy, and TAG Heuer. 

LVMH sells Off-White brand to Bluestar Alliance

The terms of the sale have not been disclosed.

Aussie retailers anticipate $47.4b surge in Christmas sales

Sales events like Black Friday and Cyber Monday continue to grow in popularity.

SK-II launches first global travel retail flagship store in Hainan

It features an LXP Experience, an interactive installation highlighting SK-II’s 8X PITERA power.

Jaeger-LeCoultre introduces immersive interactive Calibre Wall at new Beijing location

Other highlights of the new boutique include the Personalisation Wall and Atelier d'Antoine.

Australian retailers see slow spending amidst yearly growth

The country has a total retail spending of $36.475b.

Deliveroo opens new grocery hub in Tsim Sha Tsui

It aims to meet the rising demand for grocery delivery amongst city professionals.

Mulberry rejects Frasers’ cash offer

Frasers currently holds approximately 36.8% of Mulberry’s shares.

Chinese F&B brands choose Singapore as overseas testing hub

Chinese community and business-friendly policies draw expansion efforts.

Indian luxury beauty market value to quadruple to $4b by 2035

Economic growth, rising middle class, and luxury demand are driving market growth.

SG’s modern grocery sales inches up amidst travel outflow

DBS believes the sector could reach $6.8b by the end of the year.

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.