Staff Reporter
JD.com launches gift-giving feature for Chinese New Year
JD.com launches gift-giving feature for Chinese New Year
The feature leverages JD’s supply chain to simplify gifting.
IBM, L'Oréal team up to advance AI-driven, sustainable cosmetic formulations
A custom AI model will be created to help L'Oréal develop sustainable and high-performance products.
Australians turn to local bakeries for comfort amidst rising costs
There is an 8% increase in consumer spending on baked goods in early 2024.
Miniso launches flagship store in Thailand
This is a key step in the group’s strategy to expand in Southeast Asia.
Australia’s back to school spending set to reach $1.7b in 2025
About 5.1 million Australians aged over 18 plan to spend an average of $525 on BTS items.
South Korea’s retail sector up 8% in November 2024
Online retail sales increased by 11.8%.
Hermès revamps store in Bangkok’s Central Embassy
The redesigned boutique spans two floors.
Retail, consumer brands to boost AI investments by 52% in 2025
Companies plan to allocate an average of 3.32% of their revenue to AI this year.
Australians demand healthier, more sustainable beverage options
Experts are calling for a 20% tax on sugary drinks.
JD.com upgrades JD PLUS membership program
A key update is the "Lifestyle Service Package," which allows members to redeem PLUS credits for services.
Australian retail sales up 3% in November 2024
Black Friday sales played a key role in this growth.
JD Super launches direct supply chain for Chagan Lake fish
It sources fish caught within 24 hours and delivers them directly to customers.
Fast Retailing to revise remuneration system in Japan starting March
For new employees, monthly salaries will rise by $189.81 to $2,085.91.
Dior opens 'Gold House' concept store in Bangkok
The store’s design recreates the iconic golden façade of Dior’s Parisian townhouse.
Delivery platforms help small foodservice operators reach more consumers
It allows smaller businesses to have more visibility and access to urban and Tier-2 city consumers.
APAC retail markets focus on local consumers in 2024
With international tourist numbers still recovering, project innovation became key to growth.
Jollibee’s Milksha acquires 70% stake in Taiwan’s Moon Moon Food
It will purchase 980,000 shares at $3.22 per share.
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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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