APAC Retail

Brand survival rate below 60% long-term: report

Rapid product cycles challenge market sustainability.

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.

Online shoppers in India to grow up to 450 million by 2027

Currently, there are 200 million to 230 million. 

Wider economic recovery to drive India’s consumer spending growth

Consumer spending is expected to grow by 7.1% year-on-year in 2023.