Vann Villegas
Return of Chinese tourists a boon for Singapore's luxury retailers: report
Return of Chinese tourists a boon for Singapore's luxury retailers: report
Chinese travellers have played a considerable role in the luxury end of the city’s retail market.
Food, healthcare products are top gift choices for New Year: report
Shopping cash coupons are also among the top choices.
Businesses should cater to consumers who seek work-life balance
Around 53% of consumers put a strict boundary between work or school and personal life.
About 4 in 5 Hongkongers aim to resume socialising, consumption in Chinese New Year
This came as social distancing measures have been eased.
Around 2 in 5 consumers expect in-person everyday activities: report
Brands should improve their operations to attract these customers.
Shopee ends Poland operations
Orders placed before 13 January 12 a.m., will still be processed.
LVMH appoints new Louis Vuitton, Christian Dior Couture CEOs
Their appointment will be effective on 1 February.
Carlyle buys majority take in India-based skincare, beauty firm
It will support the business growth and brand building of VLCC.
Korea’s internet firm Naver acquires Poshmark
They plan to establish a global player in the online fashion re-commerce market.
Reliance Retail Ventures unit acquires 50% stake in beverage firm
The remaining stake in SHBPL will still be owned by the Hajoori Family.
L’Oréal invests in micro-printing startup
The company developed the L’Oreal Brow Magic with Prinker Korea.
Around 3 in 5 Malaysian e-commerce sellers optimistic for 2023
Sellers in the health and beauty category are the most optimistic.
Hong Kong retail market momentum depends on full border reopening
Retail sales for the first nine months slightly dipped by 1.3% YoY.
Australian make-up sector to grow 4.6% annually to 2026: GlobalData
The Australian per capita expenditure on make-up reached $15.2 in 2021.
Why consumers are spending less on promotional events
The discount they get do not match their expectations.
Around 6 in 10 AMEA consumers expect sustainability in online shopping
They are interested in sustainability as much as they are in delivery speed.
Retail street rents to decline 10-15% YoY in 2023
Retailers are not optimistic about the sector’s outlook, according to Knight Frank.
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1. Shopee allocates $38.46m to SME programmes for 2026 2. Lazada launches tiered membership programme in six Southeast Asian markets 3. China’s FMCG market logs 1.3% growth in Q3 on more O2O purchases 4. IKEA opens first New Zealand store at Sylvia Park 5. Singapore shoppers start year-end buying earlierResource Center
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