Retail Asia

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
^ "https://vimeo.com/933129749"
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.

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Exclusives

Exclusives

Stores Brand-building for Unilever International goes beyond consumer care
The brand’s innovative practices benefit both consumers and workers.
Stores Rise of minimarts compels large-format stores to rethink growth strategy
Their focus should shift towards customer density instead of store scale.
Alfamart’s rapid expansion never overtakes quality service
With 19,087 across Indonesia and 1,680 more in the Philippines, the minimarket operator marks 25 years as a top choice for shopping.
AEON Mall Indonesia lords over the shopping experience in suburban areas
The fifth AEON mall opening in Deltamas City in March 2024 will be the largest in Southeast Asia.
MST Golf redefines the golf retail landscape in Indonesia
ERAL executive believes partnership will drive golfing lifestyle across Asia.
Co-Written / Partner Treasuring Evelyn B. Salire’s legacy — be Alive, Ablaze & Active
Her 29-year leadership transformed the Philippines Retailers Association into a modern, responsive retail powerhouse.
GrandLucky Superstore leverages customer insights to curate its products
The superstore now operates in seven locations across Indonesia.

Top News

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
^ "https://vimeo.com/933129749"
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.

Exclusives

Stores Brand-building for Unilever International goes beyond consumer care
The brand’s innovative practices benefit both consumers and workers.
Stores Rise of minimarts compels large-format stores to rethink growth strategy
Their focus should shift towards customer density instead of store scale.
Alfamart’s rapid expansion never overtakes quality service
With 19,087 across Indonesia and 1,680 more in the Philippines, the minimarket operator marks 25 years as a top choice for shopping.
AEON Mall Indonesia lords over the shopping experience in suburban areas
The fifth AEON mall opening in Deltamas City in March 2024 will be the largest in Southeast Asia.
MST Golf redefines the golf retail landscape in Indonesia
ERAL executive believes partnership will drive golfing lifestyle across Asia.
Co-Written / Partner Treasuring Evelyn B. Salire’s legacy — be Alive, Ablaze & Active
Her 29-year leadership transformed the Philippines Retailers Association into a modern, responsive retail powerhouse.
GrandLucky Superstore leverages customer insights to curate its products
The superstore now operates in seven locations across Indonesia.

Join the Retail Asia community