News

Tourism and hospitality to fuel growth in APAC merchandising carts market

India, China, Japan are driving consumer demand for merchandising carts.

C-beauty brands outperform in China: report

Sales of brands amongst the top 20 brands in colour cosmetics grew to 28% in 2022.  

Beauty and personal products may grow by US$39.3b by 2027

Euromonitor International identified four Asian beauty trends.

Love, Bonito to ‘double down’ expansion in key Asian markets

This includes Singapore, Malaysia, Indonesia, and Hong Kong. 

Amazon Australia expands International offerings

It added over 4 million new products from Japan.

Seven in 10 consumers want personalised discounts from favourite shops

The majority said they will download apps for rewards.

Health and beauty industry in APAC to grow 4.7% annually

This is largely driven by improving macroeconomic conditions amongst others. 

Australia’s RFG names new CEO

Matthew Marshall’s appointment will take effect on 1 July.

LVMH partners with Fortnite creator for an immersive experience

It will allow LVMH and its Maisons to offer virtual fitting rooms and augmented reality.

Health and beauty brand Watsons opened 1,400 stores in Asia since 2019

Watsons most recently opened its 700th store in Malaysia.

TikTok invests $12.2m to support SMBs in Southeast Asia

The amount will benefit around 120,000 small businesses in the region.

Alibaba.com inks MOI with IMDA, EnterpriseSG to help SMEs export

A dedicated Singapore pavilion will be allotted on Alibaba.com’s homepage.

TikTok to launch e-commerce training for Heartlands shops

This is part of its $16.3m investments to boost Southeast Asian small businesses.

Singaporean shoppers adapt online-offline shopping approach

Over half would check and compare prices online, and purchase products via physical stores.

Unilever seizes opportunity in SEA’s burgeoning middle class

The company grows personal care products based on consumer trends, unique strategies, and the evolving regional market.

Why Singaporeans abandon their carts online

They do not proceed with their checkout due to delivery concerns, amongst others.