Staff Reporter
Luxury brands turn to AI to boost sales and customer engagement
Luxury brands turn to AI to boost sales and customer engagement
They target the ultra-wealthy and aspirational middle-class consumers.
5 days ago
PDD profit sinks 12% in 2025 despite strong revenue
It was dragged by a significant surge in operating expenses and cost of revenues.
6 days ago
Travel rebound propels luggage market to $183b
Asia-Pacific dominated the market in 2025.
6 days ago
Premium fashion, seasonal collections boost designer apparel sales
E-commerce platforms are also further boosting accessibility.
6 days ago
Robinsons Retail phases out South Korea’s No Brand as sales remains minimal
It accounts for only around 0.2% of annual net sales.
6 days ago
Boucheron opens first flagship in China’s Shanghai
It is the brand’s third flagship worldwide.
Central Retail unifies food businesses under new CEO
Stephane Coum has been appointed as the CEO.
Grab to acquire Delivery Hero's Foodpanda Taiwan in $600m deal
Taiwan marks Grab’s first market outside Southeast Asia.
Rapid quick commerce expansion lifts Alibaba sales amidst net income decline
Net income for the quarter was $2,235m.
Amazon AU bets $750m on robotics to supercharge local delivery
The robotics centre will process over 125 million packages annually at full capacity.
Social media and AI drive snack e-commerce growth to $57b
Platforms like TikTok/Douyin drive discovery and sales growth.
Metro and Samsung partner to upgrade Paragon store
Twelve large-format Samsung digital displays installed across three floors.
Japanese consumers shrug at AI beauty, market growth falters, Mintel says
Researchers identify a persuadable majority that values long-term results.
Rising costs and low consumer confidence damp fashion growth outlook for 2026
Emerging markets are offering growth opportunities, whilst mature markets expand slowly.
L’Oréal expands AI partnership with NVIDIA to accelerate beauty innovation
AI speeds up product development 100×.
Australian retail faces rising costs as interest rates and oil prices rise
Retailers operate on tight margins amid cautious consumer spending.
Lanvin Group names new St. John Knits CEO
The move signals focus on strengthening retail and commercial operations.
Most Read
1. Global brands accept high costs as gateway strategy squeezes local shops 2. Premium fashion, seasonal collections boost designer apparel sales 3. Australian retailers cut jobs as fuel and supply chain costs surge 4. Estée Lauder in early talks with Puig over possible merger 5. Luxury brands turn to AI to boost sales and customer engagementResource Center
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