News
Apparel, accessories sector rebounds in FY2021
The sector’s total revenue was up 31.3% YoY.
60 APAC firms amongst Top 250 Global retailers: Deloitte
China’s JD.com is the top retailer in the region, ranking 7th globally.
How Japanese brands can capture young Chinese consumers
Brands may bank on Mangas and Animes, GlobalData said.
Superdry sells IP assets to South Korea’s Cowell Fashion
The transaction costs $50m.
Around 1 in 4 Thai Gen Zs find spending on preventing skin issues a waste
They prefer to buy products that address current issues.
Indonesian’s evolved self-care habits open opportunities for brands
Nearly 60% of Indonesians say looking good makes them feel confident.
Over 35% of Indonesians eat to reduce stress: report
Shoppers in the market buy food and drink to indulge during tough times.
World of Flight opens first Jordan-only store in Japan
The Jordan World of Flight Shibuya is also the first in Asia.
L’Oreal invests in biotech for sustainable beauty
This is to include more plant-based ingredients in their beauty products.
Foot Locker to exit Hong Kong, Macau
It will continue to expand in the region through licenses.
JFC eyes opening 600 stores in 2023
It opened 542 stores in 2022, the highest it recorded in a year.
Three new shopping malls to open in Jakarta in 2023
Knight Frank said six more malls will open by 2025.
Bvlgari wants to tap into China’s male fragrances market
The market is projected to surge at a 10% compound annual growth rate between 2023 and 2027.
Around 1 in 2 Singaporeans intend to buy audio, video technology
Malaysia has the largest market share of content creators in the region.
Philippines’ San Miguel Foods net income up 21% YoY in 2022
Its revenue rose 16% YoY to around $3.2b.
Logitech Singapore, Watsons partner to bring greater access to tech accessories
Logitech is the first global tech brand to partner with Watsons.
Most Read
1. Foodpanda automates ‘dark stores’ in Singapore to speed up deliveries 2. Indonesia e-commerce market to hit $46.6b by 2025 3. Malaysian retailers told to prioritise technology, consumer-centric approaches 4. Amazon Australia launches ‘Amazon Beauty Finds’ storefront 5. Unlock the power of AI in solving supply chain challenges with RELEX SolutionsResource Center
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Key strategies include embracing sustainability and exploring international markets.
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Digital giants to retailers: The playbook for scaling ad revenue with onsite retail media