APAC
Innovations, value-adding, and cost reduction in retail companies
A healthy balance or a calculated risk can make or break a company’s success, says EY’s Olivier Gergele.
Innovations, value-adding, and cost reduction in retail companies
A healthy balance or a calculated risk can make or break a company’s success, says EY’s Olivier Gergele.
PwC’s Michael Cheng joins the panel of judges at the Retail Asia Awards 2022
He shares trends for retail companies in rebuilding strategies and becoming more resilient.
Weekly News Wrap: Tata rolls out new e-commerce app; Flipkart raises IPO valuation target to $60-70b
And India’s antitrust body probes Zomato and Swiggy over alleged breaching neutrality rules.
Digital payments, fresh strategies, and recovery
Companies need to adapt to a new normal of business in order to survive, says Euromonitor senior consultant.
Weekly News Wrap: Indian jewelers revive expansion plans; Shopee’s Sea exits India
And Domino’s Pizza China operator is filing for Hong Kong listing.
Demographic shifts boost APAC’s DIY home improvement retail market
But the lack of skilled professionals in the sector might hold back growth in coming years.
Foodpanda dedicates $35m to support communities, MSMEs in 2021
The platform has also committed funds in upskilling its delivery riders.
Weekly News Wrap: Russia turns to Chinese and Indian retailers; Alibaba’s shares rise 11% after raising share buyback program
And Indian lenders are set to start debt recovery proceedings against Future Retail.
Athleisure market to grow 25% by 2025: GlobalData
The market is expected to be valued at $551b by 2025.
Which APAC shoppers should businesses watch?
This includes digital streamliners, and social explorers, amongst others.
Around 7 in 10 Southeast Asian consumers see online shopping as “integral” part of life
The study also found that 60% welcomed online shopping in the last two years.
Weekly News Wrap: Chanel duels South Korean resellers; Dingdong apologizes over expired food products
And Indian beauty company Nykaa is eyeing physical retail expansion.
Prada APAC sales jump 29% YoY in 2021
The sales in the region reached around $1.3b.
Starbucks, Grab enter partnership for six Southeast Asian markets
These markets include Philippines, Thailand, Singapore, Malaysia, Indonesia, and Vietnam.
Weekly News Wrap: Fukushima’s F&B businesses woo back diners; Swire Pacific invests in retail-led projects in China
And Yum China’s shares dive amidst auditing dispute with US regulators.
JCCU launches emergency donations for Ukrainian children
Donations will be used partly to send relief to the crisis-hit Ukraine.
Which Southeast Asian companies made it to the Top 250 retailers?
These were from Thailand, Indonesia, Philippines, and Vietnam.
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How TikTok drives consumer behavior through ‘shoppertainment’
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1. Malaysian retail sector sees 173% surge in hiring activity 2. DFI Retail Group and PolyU SPEED ink MoU for retail talent development 3. South Korea's e-commerce market hits $115.1b in 2023 4. Rakuten and Thailand join hands to showcase Thai products 5. How TikTok drives consumer behavior through ‘shoppertainment’Awards
Jun
11