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Brick-and-mortar stores catch up as spending shifts from online to offline
More than 71% of retailers in Asia Pacific plan to expand or add new stores in 2023, according to CBRE retail survey.
Brick-and-mortar stores catch up as spending shifts from online to offline
More than 71% of retailers in Asia Pacific plan to expand or add new stores in 2023, according to CBRE retail survey.
A decade in the game, MINISO aims to transform into a lifestyle super brand
China-based MINISO has over 5,400 stores, of which more than 2,000 are in global markets, and it’s still growing.
Indonesia, Phl struggle to keep up with Southeast Asia’s cashless drive
Zalora reports growth of digital payments to 81.20% in 2022, as connectivity and digitisation fueled hyperconsumerism in the region.
Out and about, Asia Pacific consumers seek tactile experiences
Retailers need to use their stores for brand storytelling and multifunctional purposes to engage customers.
Retailers could bear the brunt of Malaysia’s proposed luxury tax
Introducing a tax on luxury items may send Malaysian consumers, tourists flying off on shopping sprees abroad.
Creating space for Gen Zs’ ‘personal brand’ with augmented reality
More than 3 out of 5 Gen Zs think AR will make life easier.
Consumers crave human connection amidst era of automation
Businesses should balance automation with personal care, says Euromonitor International.
Gen Zs are becoming China’s biggest spenders
21% of these consumers are ready to spend 16% of their income on luxury.
Three ways retailers can serve ‘budgeteers’
A budgeteer is someone who is not willing to spend more than necessary.
Indomaret's journey to become a household name in Indonesia
The number of their outlets have now reached more than 21,000 outlets across Indonesia.
24-hour beauty: Coty SEA blends physical and digital space for limitless store access
Coty SEA stores offer services that give the same customer experience online.
BNPL platforms risk losing trust by ignoring SFA Code of Conduct
Under the Code of Conduct, BNPL providers need to show customers their ‘Trustmark’.
BNPL regulations toughen debt prevention and financial literacy in APAC
The Philippines, Vietnam, and Indonesia are more vulnerable to the risks of credit products, Euromonitor International reported.
CONCEPT WATCH: Eatology cooks up a ‘halfway diet’ for Hong Kongers
The flexitarian meal plan is for consumers looking to reduce their consumption of animal-based products.
How AI/ML curation helps Blibli to always provide original products
Blibli’s AI technology is able to detect indications of counterfeit goods 10 times faster.
Hong Kong’s toys market thrives despite fewer kids
Hong Kong has the lowest fertility rate in Asia.
Here’s how Ox Street makes secondhand items more attractive than new
The company has an authentication process to ensure fake items do not make it to the listing.