APAC
How brands can craft the right ‘Shoppertainment’ strategy
They should tell a story and be authentic.
How brands can craft the right ‘Shoppertainment’ strategy
They should tell a story and be authentic.
Shoppertainment could open $1t opportunity for APAC brands: report
It will grow by 63% annually across markets.
Weekly News Wrap: India e-commerce firms ramp up hiring; US-based investor eyes IPO for $2.5b India mall portfolio
And Yonghui Fresh Food is planning to raise $120m before its Hong Kong IPO in 2023.
Weekly News Wrap: Tencent eyes selling 17% stake in Meituan; H&M returns on Alibaba's Tmall platform
And Miniso to ditch Japanese-inspired branding over flak in China.
adidas CEO steps down
CEO Kasper Rorsted will hand over the position through the course of 2023.
Central Group, Signa acquire Selfridges
Selfridges Group has 18 stores in three countries.
Weekly News Wrap: Apps turning leftovers to meals take off in Asia; China's Luckin Coffee eyes store expansion
And a Beijing consumer group summons grocery firm Missfresh over complaints.
Meta to halt Facebook live shopping events
This will take effect on 1 October.
Weekly News Wrap: Fast Retailing opens GU brand store in US; India's Nykaa expects stronger demand from festival season
And leadership issues blamed for Singapore-based Zilingo’s decline.
E-commerce market to reach over $20t by 2025
The market will be led by sportswear brands Nike, and Adidas.
Weekly News Wrap: Alibaba deems last year 'most severe' in decades; Zomato plunges as share lock-in period ends
And Japan’s Sankyo Seiko to purchase a French luxury fashion house.
Click here: APAC brands log in to social media to engage with customers
A Nielsen study found that 56% of APAC marketers consider social media as the most effective channel.
Prada posts over €180m net income in H1
This is despite seeing sales drop in its APAC business.
NIKE net income slips by 5% in Q4
Its sales were dragged by its Greater China market.
Weekly News Wrap: 7-Eleven cuts 880 jobs in the US; Daiso builds American footprint amidst inflation woes
And Malaysia-based restaurant operator delays its IPO again.
L’Oreal achieves carbon neutrality across all North Asia sites
This covers Mainland China, Japan, South Korea, Hong Kong, and Taiwan.
Weekly News Wrap: Freshippo seeks lower funds at $6b valuation; Uniqlo owner's performance to hint China's recovery prospects
And Shein seeks an IPO in the United States as soon as 2024.