Stores
Consumers demand diversity, inclusivity: report
Consumers demand diversity, inclusivity: report
They are buying from brands that support their values.
Consumers give more weight to emotional benefits in purchases: report
Businesses should provide alternative payment methods to capture these consumers.
Nearly 60% prefer humans over robots for customer service
Only 19% were comfortable talking to an automated bot.
Weekly News Wrap: Asian retailers ready for China rebound; South Koreans lead as world’s biggest luxury spenders
And Uniqlo owner gives Japan business a jolt with a 40% wage hike.
Return of Chinese tourists a boon for Singapore's luxury retailers: report
Chinese travellers have played a considerable role in the luxury end of the city’s retail market.
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.’