Staff Reporter
Why China’s coffee industry is booming
Why China’s coffee industry is booming
Chinese coffee chains are rapidly expanding into lower-tier cities, sparking fierce price wars.
Real-time cross-border payments surge
However, G20 targets remain unmet.
Fungi-based foods surge in Australia amidst sustainability demand
This positions the country to lead in the growing market for sustainable eating.
Malaysian e-commerce market to reach $15.7b in 2028
Alternative payment methods are the most preferred.
LVMH enters 10-year partnership with Formula 1
The strategic alliance includes several of LVMH’s iconic Maisons such as Louis Vuitton, Moët Hennessy, and TAG Heuer.
LVMH sells Off-White brand to Bluestar Alliance
The terms of the sale have not been disclosed.
Aussie retailers anticipate $47.4b surge in Christmas sales
Sales events like Black Friday and Cyber Monday continue to grow in popularity.
SK-II launches first global travel retail flagship store in Hainan
It features an LXP Experience, an interactive installation highlighting SK-II’s 8X PITERA power.
Jaeger-LeCoultre introduces immersive interactive Calibre Wall at new Beijing location
Other highlights of the new boutique include the Personalisation Wall and Atelier d'Antoine.
Australian retailers see slow spending amidst yearly growth
The country has a total retail spending of $36.475b.
Shiseido and NTT collaborate on innovative online cosmetic shopping technology
It aims to enhance the online shopping experience.
Deliveroo opens new grocery hub in Tsim Sha Tsui
It aims to meet the rising demand for grocery delivery amongst city professionals.
Technology adoption rising in foodservice to enhance customer experience
Still, challenges remain in maintaining personal service.
Mulberry rejects Frasers’ cash offer
Frasers currently holds approximately 36.8% of Mulberry’s shares.
Indian luxury beauty market value to quadruple to $4b by 2035
Economic growth, rising middle class, and luxury demand are driving market growth.
SG’s modern grocery sales inches up amidst travel outflow
DBS believes the sector could reach $6.8b by the end of the year.
Hong Kong’s retail market contracts as locals travel abroad
Total retail sales value fell 11.8% to $29.1b in July.
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