Paolo Alfar
How the “new normal” of global travel will impact the fashion industry
How the “new normal” of global travel will impact the fashion industry
Tourism is expected to hit and even exceed pre-pandemic levels by 10% in 2024.
Shopee Malaysia achieves record-high 34 million hours of livestreaming and online selling in 2023
It also attained 3.5 billion instances of live engagement with local influencers and sellers.
Generative AI is the next creative path in fashion
Nearly $14.1b was invested into AI-focused startups.
Seven & i Holdings to buy Australian 7-11 franchise
There are 751 7-Eleven outlets in Australia.
Non-alcoholic beverages gain $83m from sports sponsorships
Rugby is the most lucrative market with $14.88m in revenue.
Foot Locker to enter the Indian market in 2024
Metro Brands and Nykaa Fashion will license the brand for their respective platforms.
Lemaire enters South Korean luxury market
It will be the first flagship store outside of France.
Central Retail launches 'retailtainment' concept in new Robinson store
With over 350 brands, Robinson Lifestyle Chalong is the 28th location.
More than half of consumers take climate action seriously
This is a marginal improvement from 64% in 2021 to 66% in 2023.
Decathlon buys German outdoor retailer Bergfreunde
Bergfreunde will operate independently whilst remaining under Decathlon’s umbrella.
Australian consumers trust in purpose-driven brands
Bunnings is the most trusted brand for customer experience excellence in Australia 2020-2023.
Alibaba joins the World Business Council for Sustainable Development
It has also started a low-emissions scheme, which led to reduced 22.907 million MtCO2e emissions.
MINISO launches first IP collection store in Singapore
The VivoCity store is the largest in Singapore.
Nitori expands to South Korea
It has partnered with local supermarket chain Emart to open its first South Korean outlet.
Around 1 in 2 Indian consumers are willing to spend on leisure and health protections despite financial turmoil
The trend is mostly driven by consumers from Gen Z urban groups and workers.
Central Retail releases first-ever bonds to boost investor confidence
Reserve sales are valued at $141m.
Commentary
Packaging the future: Why Asia’s F&B sector must treat sustainability as strategy