Staff Reporter

The APAC luxury market will post a CAGR of 7.9% between 2022 to 2025.

The company saw transaction value grow by more than 20 times for its duty-free business.

Its coffee grounds are turned into cattle feeds.

Total sales including online sales also climbed by 19.8%. 

This includes reducing GHG emissions in its operations.

It matches over 100,000 vehicle-specific products for the most popular cars.

Speakers at the Retail Asia Summit discussed their forecasts for the retail industry in the next two to five years.

New York, Paris, and London topped the ranking.

Reliance acquires 40% stake in Plastic Legno’s toy manufacturing arm.

Replacing lip products, scents topped ZALORA’s beauty category both in 2020 and 2021.

Experts from Euromonitor International, Bain & Company, and other industry experts discussed the industry trends and forecasts at the Retail Asia Summit.

It does not have plans to expand to more underground locations.

Armani Beauty and La Mer are bringing over 200 new products on the platform.

The company also set aside $10m in benefits for its employees.

And India's Nykaa suffers from marketing, fuel costs balloon.

Second-hand luxury goods businesses saw solid demand in the quarter.