Jaleen Ramos
Asia's retail sector thrives amidst e-commerce dominance
Asia's retail sector thrives amidst e-commerce dominance
Sectors such as apparel, accessories, home décor, and furnishing showed signs of recovery.
Starbucks certifies over 6,000 Greener Stores globally
The initiative is also now extending into new markets such as India, Hong Kong, and Costa Rica.
Flipkart invests $54m in Myntra to fuel India's fashion e-commerce boom
Fashion spending in India is projected to increase by 13.4% YoY in 2024.
Nearly 7 in 10 SEA consumers prioritise essential purchases due to inflation
To cope with inflation, 69% are sticking to essential purchases, while 55% are cutting back on non-essentials.
Alternative payments lead China's e-commerce with 67.3% share
Bank transfers and payment cards hold a 14.9% share of e-commerce transactions.
1 in 2 shoppers plan to boost online shopping: Airwallex
Around 61% of consumers perceived international merchants as trustworthy.
Coca-Cola Singapore installs robotic automation for assembly and packing lines
It features a smart vision detection system and an expandable end-of-arm tool for increased efficiency.
Aris Maroulis named TUMI VP for Asia-Pacific and Middle East
He will spearhead the brand's operations and business development in Hong Kong.
Sephora to exit South Korean market in May
It will gradually end its online, mobile app, and offline operations.
China Jo-Jo Drugstores meets Nasdaq's minimum bid price requirement
This follows the company's failure to maintain a $1.00 minimum bid price for 30 consecutive trading days.
Mobile and digital wallets surpass traditional payments in India's e-commerce
Cash transactions only comprise 6.2% of online purchases.
China leads US apparel market despite shipment decline
The Asian country's shipment volume was down by 18%.
Brady Brewer named Starbucks International CEO
He will oversee the teams in APAC, EMEA, Japan and LAC.
Around 7 in 10 Gen Zs in Southeast Asia prefer e-commerce
56% of social commerce platform visitors shifted to e-commerce to complete their purchases.
Alibaba Group to invest $1.1b in South Korea for business expansion
It intends to invest $200m for the logistics hub and $100m to support South Korean SMEs.
Australian businesses embrace pop-ups for omnichannel success
It offers businesses a low-cost way to maintain a physical presence without the expenses of traditional stores.
Asia Pacific and MEA witness rising secondhand spending as sustainability trend grows
At the forefront are India, China, and Saudi Arabia.
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