Staff Reporter
IKEA South Korea rolls out new automated fulfillment technology
IKEA South Korea rolls out new automated fulfillment technology
This system will handle approximately 2,000 orders daily.
Australia’s luxury retail sector boosted by young consumers and tourism recovery
Millennials and Gen Z are major drivers of this growth.
Din Tai Fung to close 14 Beijing outlets
The decision was attributed to licensing issues.
42% of e-commerce purchases in Hong Kong made via alternative payments
The e-commerce market in the region grew by 10.5% last year.
Why grocery shoppers in Singapore are turning to house brands
95% of Singaporean shoppers bought house brands in the past year.
How convenience powers East Asia's e-commerce growth
China, Japan, and South Korea accounted for 87% of Asia Pacific’s e-commerce sales in 2023.
Greater Kuala Lumpur retail stock inches up 3.3% YoY in 2023
The influx of new malls is expected to intensify competition for foot traffic.
AI enhances shopping experience in China’s e-commerce
Investments in AI have pushed the industry’s value beyond $68.85b.
Levi Strauss names Jude Celedin as GM for ANZ
He will play a key role in supporting the company's DTC strategy.
China gains strong foothold in therapeutic cancer vaccines market
Seven cancer vaccines have been approved in the country.
Why did Hong Kong retail sales fall after a strong rebound?
Retail sales initially surged following Hong Kong’s border reopening in January 2023.
Global online jewellery market to increase by $58.4b by 2028
This is driven by advancements in jewellery design and technology.
Decathlon to invest $111m in India expansion
It will be used to increase the number of stores and boost local manufacturing.
How disruptive technologies will redefine consumer goods value chain
Various innovations are expected to redefine production, consumption, and interaction with goods.
Brands For Less sells 35% stake to TJX Companies for $1.2b
TJX will provide BFL with strategic guidance for expansion into the Persian Gulf, Malaysia, and Singapore.
Ha Noi’s retail sales up 9.3% in Q1 2024
This growth outpaced the national average increase of 8.2% in Vietnam’s retail sale.
bonaqua from Coca-Cola Hong Kong triumphs at FMCG Asia Awards
Its revolutionary sustainably package water products proved to be above the rest.
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1. Global brands accept high costs as gateway strategy squeezes local shops 2. Australian retailers cut jobs as fuel and supply chain costs surge 3. Estée Lauder in early talks with Puig over possible merger 4. Hong Kong consumers stay cautious as dining out leads spending 5. Singapore consumers stay cautious despite income growth hopesResource Center
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Fragmented systems also continue to disrupt customer experience.
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