News
Levi's reopens store in Bangkok
The expanded store now stands as the largest Levi's outlet in Southeast Asia.
Levi's reopens store in Bangkok
The expanded store now stands as the largest Levi's outlet in Southeast Asia.
Sephora taps Xia Ding as managing director of Greater China
She will report directly to Alia Gogi, the president of Sephora Asia.
Lukfook Group launches first store in Malaysia
It adds to its existing portfolio of 400 international brands.
China's F&B sector growth to slow on back of soft economy
Despite the anticipated slowdown, the F&B sector continues to exhibit robust growth.
Here's why global apparel and footwear sales growth have slowed
However, persistent inflation and supply chain disruptions continue to challenge the industry.
Gen Z's complex consumer behavior challenges businesses: Euromonitor
Whilst supporting social and environmental responsibility, Gen Z’s are reluctant to pay extra for these values, the report said.
Safilo and Marc Jacobs renew global eyewear licensing agreement
It extends the partnership for Marc Jacobs branded eyewear until December 2031.
IKEA launches AI literacy training for employees
This is part of its commitment to integrating AI technology whilst emphasizing human values.
Yum China aims to open 20,000 stores by 2026
It also plans to return at least $3b to shareholders from 2024 to 2026 through dividends and share repurchases.
How brands navigate conversational commerce
Their focus has shifted towards perfecting the end-to-end conversational journey.
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.
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1. L'Occitane International announces $1.8b privatisation offer 2. Supermarkets lead growth in Vietnam’s evolving retail scene 3. Philippines’ SM Prime Holdings to open four new malls in 2024 4. JD.com launches ‘Trade-in Alliance for Household Appliances and Home Goods’ 5. 85% of A2000 retailers in Asia-Pacific to invest in GenAI by 2027Resource Center
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1. L'Occitane International announces $1.8b privatisation offer 2. Supermarkets lead growth in Vietnam’s evolving retail scene 3. Philippines’ SM Prime Holdings to open four new malls in 2024 4. JD.com launches ‘Trade-in Alliance for Household Appliances and Home Goods’ 5. 85% of A2000 retailers in Asia-Pacific to invest in GenAI by 2027Awards
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11