APAC Retail
L'Occitane observes shift from gifting to self-consumption in travel retail
L'Occitane observes shift from gifting to self-consumption in travel retail
New senior executive highlighted consumer trends in the Asia-Pacific region.
GS1 2D barcodes enhance retail inventory and traceability
Enhanced data capabilities transform consumer and retailer experiences.
Brand survival rate below 60% long-term: report
Rapid product cycles challenge market sustainability.
Local shops succeed amidst lesser consumer spending
Essentials' sellers leverage community ties, flexible leases for success.
What luxury retailers should focus on to attract consumers
Around 36% of Chinese consumers said product quality/durability is the most important.
Woolworths CEO to retire in September
Brad Banducci will be succeeded by Amanda Bardwell.
ASEAN consumer activity to moderate in 2024: report
The region, however, will remain the fastest-expanding market globally.
Toys ‘R’ Us ANZ to exit UK, focus on Australia
The UK business expansion is not within the company’s reach.
Around 2 in 5 APAC consumers always use social media for inspiration, purchases
Consumers from China and Thailand lead the regular social media use for transactions.
Kusto Group to expand Wendy’s to Central Asia
It also plans to launch an AI-based drive-thru in Kazakhstan.
Miu Miu is hottest fashion brand in 2023
The report released by The Lyst Index names the top fashion brands and products.
Why APAC consumers make impulse purchases
Sales or deals, and “mood-boosting” items compel consumers to buy.
Around 3 in 5 APAC consumers prefer shopping online
Free delivery, and coupons and discounts were amongst the top purchase drivers.
Marimekko expands to Vietnam, Malaysia
It signed a franchise deal with Jaspal Group for its growth in Asia.
Thailand’s Lotus launches employee-free smart store
The store uses artificial intelligence to enable customers to shop.
Around 9 in 10 APAC marketers obtains zero-party data
The majority of marketers also use first-party data to expand their customer base.
South Korea retail sales up 7.9% in February
The operating days during the Seollal holidays helped boost sales.
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