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Economic pressures spur secondhand market growth
Cost-conscious consumers drive a surge in pre-loved shopping.
Economic pressures spur secondhand market growth
Cost-conscious consumers drive a surge in pre-loved shopping.
F&B leads Asia Pacific retail activity
Sportswear and apparel followed closely as the second and third most active trades, respectively.
9 in 10 Singaporean marketers expect social media to reign in retail by 2024
Around 59% are now also using generative AI tools to create content that resonates more effectively with their audience.
JD.com invests $132.2m into video content creation
It aims to attract more creators and institutions to the platform.
E-commerce giants outshine Facebook in SG marketplace safety ratings
In 2023, Singapore reported 9,783 e-commerce scam cases.
Payment cards hold 40% share in Singapore's e-commerce
The market is expected to hit $23.6b at a CAGR of 9.1% by 2028.
HK’s retail leasing momentum slows as vacancy falls: report
All four core districts recorded single-digit vacancy rates for the first time since Q2 2018.
EssilorLuxottica seals acquisition of Washin Optical to expand optical retail presence in Japan
The group aims to boost the recognition of quality eyewear and eye care solutions amongst Japanese consumers.
AS Watson names Malina Ngai as Group CEO
She will now lead in defining the company's vision and formulating strategies to prioritise customer satisfaction and global growth.
JD.com and Lenovo partner to drive AI integration in PC market
It is expected to accelerate the adoption of AI PCs and expand smart device usage in homes.
Giordano shareholders vote to oust CEO
Around 66.07% voted in favour of his removal.
Waterless cosmetics gain traction in APAC amidst growing eco-consciousness
These products will reduce the strain on freshwater supply, according to GlobalData.
Consumer sentiment dampens retail in China
Economy, prices, and job security are causing Chinese consumers to cut back on spending, particularly on price-sensitive items.
APAC retail property sector bounces back post-pandemic
Asia Pacific remains the fastest-growing region,.
Mitsui and ROHTO to jointly acquire Eu Yan Sang International
The acquisition is valued at approximately $593m.
Authentic Brands Group names Lim Mi-Kyoung as SVP and head of ANZ
She will lead the brand's regional expansion efforts.
MINISO unveils first Malaysian IP collection store
It already surpassed sales records in the country for two consecutive days post-opening.
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1. Blurring lines between online and offline retail in Asia Pacific 2. Hybrid stores reshape airport retail landscape 3. Malaysian retail sector sees 173% surge in hiring activity 4. DFI Retail Group and PolyU SPEED ink MoU for retail talent development 5. Rakuten and Thailand join hands to showcase Thai productsResource Center
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1. Blurring lines between online and offline retail in Asia Pacific 2. Hybrid stores reshape airport retail landscape 3. Malaysian retail sector sees 173% surge in hiring activity 4. DFI Retail Group and PolyU SPEED ink MoU for retail talent development 5. Rakuten and Thailand join hands to showcase Thai productsAwards
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11