Vann Villegas
Charter Hall Retail REIT to sell two shopping centres
Charter Hall Retail REIT to sell two shopping centres
It will divest the Southgate Square and Rosebud Plaza.
Amazon to develop 60 MW solar project in South Korea
This will support its target to reach net-zero carbon by 2040.
Taiwan’s Gong cha inks 2 master franchisees in the Americas
This will support its expansion in the region by over 100 stores.
E-commerce leads China’s FMCG market with 4% YoY in Q3
Smaller formats such as super/mini and grocery stores are also gaining traction.
Delivering the ultimate retail experience: How tech steers the future of shopping in Asia
Omnichannel remains crucial for business operations, whilst AI is proven to be useful in front and back-end.
China’s FMCG sector sees ‘soft recovery’: report
The sector saw a 1% growth in the first nine months of 2023.
Bluebell Group launches LeSportsac in Australia
LeSportsac opened a pop-up store and will launch its e-commerce website in the market.
Shiseido rolls out venture fund for beauty wellness development
Its inaugural investments were in Phi Therapeutics and Patrick Kidd Holdings.
Alcoholic beverage brands earn $147.26m from sports sponsorships in APAC
Soccer is the biggest market for sports sponsorships.
Luxury group SMCP enters India
SMCP is currently present in 47 countries.
How brands can balance the vast shopping experience
Brands should consider various aspects including environmental, emotional, and transactional.
3 in 4 Southeast Asian consumers live ‘digital lifestyles’
They use technology to make their lives better.
Around 1 in 2 Thai consumers delay or cancel purchase due to inflation
They are spending less on clothes and accessories, and on dining out.
What are the ‘biggest turn-offs’ for APAC luxury consumers?
Lack of transparency on sustainability efforts is the top reason.
Around 9 in 10 APAC consumers to stop, reconsider buying from brands that do not prioritise sustainability
Over two-thirds of the consumer will buy more from sustainable brands.
Singapore retail job postings up 9.2% ahead of festive season
Job seekers in the retail sector also rose by 7.6%.
Commentary
Traceable, regenerative, profitable: The new rules of food retail in Asia
Packaging the future: Why Asia’s F&B sector must treat sustainability as strategy