Staff Reporter

Retail industry to face uncertainties in 2023: analyst

Easing economic growth and tax hikes will affect retail transactions.

Partnering up for a recession-proof 2023 - a retailer’s guide

In 2021, retailers looked forward to 2022 as the light at the end of the COVID-19 tunnel. Now in 2023 you’re more likely to be greeting the new year with some uncertainty, resignation or even dread.

South Korea’s make-up market to surge by 5.5% 

This will be driven by product innovation and rising online sales.

Higher spending bodes well for Thailand’s retail sector: report

Improvement in economic activity has boosted consumer confidence.

Alibaba names Wu Zeming as CTO in management reshuffle

He succeeded Li Cheng in the post immediately.

Hong Kong retail market momentum depends on full border reopening

Retail sales for the first nine months slightly dipped by 1.3% YoY.

Online shoppers in India to grow up to 450 million by 2027

Currently, there are 200 million to 230 million. 

Malaysia outperforms business expectations in past 12 months: Shopee

More than 145,ooo stores achieved a 25% growth in sales. 

Nearly 45% of consumers shop online for cheaper options

This was driven by uncertainties in the current economic condition.

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.

Drive growth and optimise efficiency with 24/7 on-demand delivery this Chinese New Year

Lalamove provides fast, simple and efficient delivery solutions for businesses looking to streamline their logistics.

Why consumers are spending less on promotional events

The discount they get do not match their expectations.

Luxury market’s last quarter growth hinges on China’s reopening

It will also be boosted by consumer confidence in Europe and America.

Around 6 in 10 AMEA consumers expect sustainability in online shopping

They are interested in sustainability as much as they are in delivery speed.