Stores
Higher spending bodes well for Thailand’s retail sector: report
Higher spending bodes well for Thailand’s retail sector: report
Improvement in economic activity has boosted consumer confidence.
Weekly News Wrap: Most Chinese shoppers still cautious of going out; Singaporeans hit the malls before sales tax hike
And China pledges to step up financial support to the catering sector.
Australian make-up sector to grow 4.6% annually to 2026: GlobalData
The Australian per capita expenditure on make-up reached $15.2 in 2021.
Weekly News Wrap: Cautious travelers hit China's consumer sector; Shein sets aside $15m on factory upgrades
And a top Xiaomi India executive resigns as challenges mount.
China's retailers must shift to sustainable operations: report
Improving shopper loyalty is expected to be critical as consumers spend less.
South Korean retailers offer low-price cakes ahead of Christmas
Some are providing discount benefits for pre-orders.
Weekly News Wrap: Lockdowns boost Pinduoduo’s Q3 revenues; Ex-Flipkart exec’s startup bags $5.8m in seed funding
And UK-based online fashion retailer Boohoo expands to India.
Strong local consumption buoys Guangzhou's retail sector
The food and beverage sector in the Chinese city was relatively active in Q3.
CONCEPT WATCH: Eatology cooks up a ‘halfway diet’ for Hong Kongers
The flexitarian meal plan is for consumers looking to reduce their consumption of animal-based products.
ASICS acquires race registration platform njuko
It will now offer race registration services globally.
India’s online marketplaces to reach $350b in GMV by 2027
The country’s online marketplaces have contributed over $100b in GMV so far.
Wider economic recovery to drive India’s consumer spending growth
Consumer spending is expected to grow by 7.1% year-on-year in 2023.
Weekly News Wrap: Amazon shutters food delivery business in India; Louis Vuitton to launch homeware store in Shanghai
And US-based Fanatics to refurbish retail stores at Tokyo Dome in a deal with Yomiuri Giants.
Australia retail trade up 12.5% YoY in October 2022
However, it declined by 0.2% month-on-month.
Hong Kong’s toys market thrives despite fewer kids
Hong Kong has the lowest fertility rate in Asia.
Weekly News Wrap: JD.com says worst is over for consumer demand; Tata eyes 20 'beauty tech' stores
And Tencent’s plan to cut its stake in Meituan triggered an internet stock selloff.
Philippines' retail sector shows signs of improvement: report
Retail sales in the country have been growing at a relatively slow pace.
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1. Foodpanda automates ‘dark stores’ in Singapore to speed up deliveries 2. Indonesia e-commerce market to hit $46.6b by 2025 3. Tim Hortons launches packaged coffee in South Korea 4. Malaysian retailers told to prioritise technology, consumer-centric approaches 5. Unlock the power of AI in solving supply chain challenges with RELEX SolutionsResource Center
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