Stores
Food, healthcare products are top gift choices for New Year: report
Food, healthcare products are top gift choices for New Year: report
Shopping cash coupons are also among the top choices.
Businesses should cater to consumers who seek work-life balance
Around 53% of consumers put a strict boundary between work or school and personal life.
About 4 in 5 Hongkongers aim to resume socialising, consumption in Chinese New Year
This came as social distancing measures have been eased.
Around 2 in 5 consumers expect in-person everyday activities: report
Brands should improve their operations to attract these customers.
Three in four shoppers tighten budgets amidst higher prices
Consumers will likely switch to e-commerce for better and cheaper deals.
Over 40% of consumers are not willing to pay extra for green products
This challenges retailers to close the prices of sustainable products to conventional brands.
Robinsons Retail completes BPI buy-in deal
The company purchased 200 million shares of the bank.
LVMH appoints new Louis Vuitton, Christian Dior Couture CEOs
Their appointment will be effective on 1 February.
Carlyle buys majority take in India-based skincare, beauty firm
It will support the business growth and brand building of VLCC.
Reliance Retail Ventures unit acquires 50% stake in beverage firm
The remaining stake in SHBPL will still be owned by the Hajoori Family.
Black Friday sales drive up Australia’s November retail turnover
Retail turnover climbed by 1.4% during the month.
Market Kurly operator postpones planned IPO
The company plans to push through with public listing ‘at an optimal moment.’
South Korea's department stores reduce VIP benefits
Analysts said VIP customers surged amidst a spike in luxury consumption.
Weekly News Wrap: As travel resumes, China’s luxury shoppers stay local; Challenging outlook for Hong Kong’s retail sector
And Apple begins hiring retail store staff in India.
Long-term plans assessment needed for Shanghai’s retailers: report
Most brands in the city have been focusing on streamlining existing operations.
L’Oréal invests in micro-printing startup
The company developed the L’Oreal Brow Magic with Prinker Korea.
Inflation, population woes could melt South Korea’s ice cream market
The market is projected to decline by 5.8% annually until 2026.
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