News

Duty-free sector expands as China targets inbound spending

Locations include airports, seaports and land border crossings.

LVMH's DFS exits Greater China retail amidst CTG Duty-Free takeover

The deal includes retail stores and brand intellectual property.

Foodpanda Singapore launches XL stores as basket sizes increase

These stores carry a 30% larger inventory than standard outlets.

Clean beauty market set to soar to $23.7b as demand for safer products rises

Retailers now serve as educators, curators, and trust-builders.

Personal care spending outpaces apparel as skincare-infused garments gain ground

Fitch sees growth gap driving wearable wellness push in 2026.

Hermès consolidates 16 métiers in 3-storey Hanoi flagship

The store showcases all of Hermès’ craft and product lines.

KKV opens 2nd flagship as Tet competition in Vietnam intensifies

The retailer will release 5,000 items for the local holiday season.

Tiffany & Co. unveils 'bone cuff'-inspired flagship in Beijing

Four-storey glass fins define the flagship designed by MVRDV

Alibaba targets 100 million users with new Qwen AI features

Integration brings shopping into main AI platform.

AS Watson commits $490m to 1,000-store 2026 rollout

Expansion accompanies anniversary milestone.

Gen Zs in China retreat from Q4 splurging amidst spending slump

Gen Z splurging slid by 14 points as country’s consumers tighten budgets.

Japan sentiment rises 16% but splurge intent still limited

Only 30% plan discretionary spending, McKinsey data shows.

Woolworths adopts Google Gemini CX to upgrade digital shopping

The supermarket chain joins the first wave of Australian Gemini CX users.

Korean spending signals surge as 36-point optimism shift defies 2024 lows

The improved sentiment comes as political tensions stabilise.

Luxury retail faces overhaul as Ralph Lauren fuses dining and fashion

The World of Ralph Lauren combines the brand’s fashion, lifestyle, and hospitality concepts.