Charmaine Tadalan
Online shoppers in India to grow up to 450 million by 2027
Online shoppers in India to grow up to 450 million by 2027
Currently, there are 200 million to 230 million.
Payment cards account for nearly 35% of e-commerce sales in Saudi Arabia
Saudi Arabia’s e-commerce market grew 18%.
Luxury market’s last quarter growth hinges on China’s reopening
It will also be boosted by consumer confidence in Europe and America.
Carousell cuts 10% of total headcount
A total of 110 roles were laid off.
CONCEPT WATCH: Eatology cooks up a ‘halfway diet’ for Hong Kongers
The flexitarian meal plan is for consumers looking to reduce their consumption of animal-based products.
Shein reduces water use in new printing technology
It also accelerates the efficiency of printing.
Luk Fook Group’s net profit inches up by 0.6%
The company’s net profit stood at HK$658m in the six months ending in September.
Wider economic recovery to drive India’s consumer spending growth
Consumer spending is expected to grow by 7.1% year-on-year in 2023.
Hong Kong’s toys market thrives despite fewer kids
Hong Kong has the lowest fertility rate in Asia.
Vestiaire bans fast fashion brands
This is in support of the circular fashion economy.
Mash may expand luxury brand Gelato Pique after Bain Capital deal
The Japanese apparel maker was recently bought by US-based Bain Capital Private Equity.
Bain Capital to buy majority stake in Japanese apparel maker Mash
Fashion brands under Mash include Gelato Pique, Snidel, and Fray I.D.
Havaianas Asia Pacific pledges to recycle 10% of flip-flops sold
This will be executed through its ReCycle stations.
Metro Retail reverses net loss in first nine months
Its net income amounted to P400m.
Deliveroo’s Australian exit raises need to modernise food delivery
Deliveroo recently announced it will stop operations in Australia.
Deliveroo exits ‘highly competitive’ Australian market
In the first half, Australian businesses only accounted for 3% of Deliveroo’s GTV.
Consumer spending in China to see ‘steady growth’
Spending is projected to grow by 6.5%YoY in 2023.
Most Read
1. Home improvement segment drives Thailand retail sales in April 2. Luxury retail rental growth slows globally as market turns selective 3. Luxury growth accelerates amidst weakening sentiment across APAC in 2026 4. Hongkong Land expands Shanghai flagship with Westbund Central Phase Two 5. Why e-commerce winners in SEA are rethinking operating modelsResource Center
Read Here
Advertise
Sign Up
Awards
Jun
03
Partner Events
Sep
22
Event News
Retailers are shifting towards emotional engagement and omnichannel experiences to retain customers.
Commentary
Protecting Indonesia’s retail businesses through resilient cellular connectivity
Why e-commerce winners in SEA are rethinking operating models
Why flexible storage is the backbone of the pop-up economy
How point of sale became the hub for customer experience
APAC retailers need to rethink where fraud prevention begins
How Singapore consumer brands can build strong supply chains amidst rising input costs