Staff Reporter

APAC retail markets focus on local consumers in 2024

With international tourist numbers still recovering, project innovation became key to growth.

Japanese beauty brands turn to intelligent packaging to fight counterfeiting

Brands are adopting technologies like blockchain, NFC-enabled smart packaging, and data tracking.

China retail spending to grow up to 5% in 2025

Online retail is projected to grow further.

Shein increases adoption of eco-friendly denim production

The company produced 380,000 denim pieces using this method last year.

Urban Revivo targets global fashion capitals in 2025

It will also strengthen its foothold in Southeast Asia through franchising and direct operations.

Cultivated meat gains popularity in APAC as demand for sustainable protein grows

Traditional animal farming is now unable to meet the rising meat demand.

Zara’s recent campaigns focus on individuality, inclusivity

The campaigns use a mix of minimalist and playful visuals to appeal to different consumer segments.

Food companies in APAC focus on health, convenience amidst rising costs

These are now the key priorities for packaged food companies in the region.

Canon Hong Kong appoints new CEO

Lee will oversee Canon Hong Kong's operations in Hong Kong, Macau, and the Greater Bay Area.

Miniso announces $550M securities offering due 2032

It will bear an annual interest rate of 0.5%.

Quick commerce booms in India as consumers seek faster deliveries

The demand is particularly high amongst younger consumers.

Alibaba sells majority stake in Sun Art for $1.58b

The stake was intended to integrate Alibaba’s digital capabilities with Sun Art’s hypermarkets.

SM Group looks to 2025 with cautious optimism

It is expanding into underserved areas to boost retail, financial services, and property development.

Hong Kong retail sales down 7.3% in November

Online retail sales made up 9.3% of the total retail sales.

L'Oréal acquires Korean skincare brand Dr.G

The deal is expected to close in the next few months, pending regulatory approvals.