Staff Reporter
RSM's David Eu offers insights on e-commerce, technology, and collaborative innovation driving retail transformation
He stressed that personalisation, engagement, and community-building are amongst those that foster long-term consumer loyalty.
French fashion brand Kiabi announces Asia debut
The brand will first enter the Indian market
Louis Vuitton opens first restaurant in SEA
The restaurant is a creative collaboration with legendary chef Gaggan Anand.
PriyoShop raises $5m in pre-Series A funding round
The financing will help the company upgrade its tech infrastructure for its users.
Euromonitor’s Hiromi Yamaguchi: Loyalty programmes, digital integration vital amidst evolving consumer expectations
To navigate diverse markets successfully, retailers must leverage technologies like AI to integrate online and offline experiences whilst implementing tailored strategies for sustainable growth.
Indonesian consumers pivot towards halal cosmetics: analyst
The sector will achieve a CAGR of 3% to 4% in APAC from 2022 to 2027.
Carousell co-founder Lucas Ngoo to exit the e-commerce company
Ngoo said he wants to explore other industries such as AI in healthcare, amongst others.
Singapore's Qoo10 buys e-commerce platform Wish
Merchants and users of Wish will receive access to Qoo10’s cross-border benefits.
Shopee Supermarkets' Price Lock saves $1m for Singaporean families
The pilot Price Lock initiative aims to assist families with vouchers and markdowns.
Michael Cheng of PwC: Localisation, digitisation, circular economy are key themes of supply chain innovation
Cheng emphasised the need for retailers to adapt supply chains amidst geopolitical tensions, ensuring resilience.
Restaurant Brands International unveils long-term growth plan for 2028
The company aims to open 40,000 restaurants for its four anchor brands.
Frictionless commerce faces uphill battle from lukewarm customer feedback
The sector gained a moderate $375.m from retail in 2023.
Singapore's MADLY Bespoke Jeweller enters Dubai as first-ever international venture
The store is located in Dubai’s City Walk.
New Balance trials resale platform in the US
Customers can trade New Balance shoes for vouchers and help recycle shoes.
Foodservice is the next hot ticket for luxury maisons in Asia
Over 30% of young respondents are seeking new experiences outside of brands.
L’Oreal completes minority investment in Chinese fragrance brand
This will boost To Summer’s growth globally.