Consuelo Marquez

The milk formula market is seen to drop due to low number of children.

India, China, Japan are driving consumer demand for merchandising carts.

Sales of brands amongst the top 20 brands in colour cosmetics grew to 28% in 2022.  

Euromonitor International identified four Asian beauty trends.

The majority said they will download apps for rewards.

Da Nang will create a trade complex that includes a duty-free zone.

Duty-free is sales to travellers of goods and products exempt from VAT.

Businesses should balance automation with personal care, says Euromonitor International.

Starbucks and Samsung used the strategy to increase sales.

Three in 10 people visited e-commerce platforms even if they had nothing to buy.

A budgeteer is someone who is not willing to spend more than necessary.

It sustained growth consecutively in the past three years.

Under the Code of Conduct, BNPL providers need to show customers their ‘Trustmark’.

The Philippines, Vietnam, and Indonesia are more vulnerable to the risks of credit products, Euromonitor International reported.

Easing economic growth and tax hikes will affect retail transactions.

With Asia’s inflation rate seen to soar to  4.5% in 2022, consumers have become more mindful of their budgets and spending priorities. While decreased discretionary spending spells bad news for retailers, the holiday season provides a window of opportunity for brands looking to recover from the sales slump in the past quarters – if they know how to connect and engage with consumers the right way.