News
Philippines' Robinsons Retail appoints new CEO
Stanley Co will assume the role starting on 1 January 2025.
Philippines' Robinsons Retail appoints new CEO
Stanley Co will assume the role starting on 1 January 2025.
AS Watson adopts EV delivery fleet to enhance supply chain sustainability
Sixty percent of its 12 retail brands now use EVs for warehouse-to-store and online deliveries.
Sotheby’s opens new maison in Hong Kong
It features immersive exhibitions and retail across art, luxury, and collectibles.
Alexander Pollich named CEO of Porsche China
He will now oversee Porsche's crucial Chinese market.
6 in 10 brand manufacturers invest in retail media networks
Nearly 70% highlighted enhanced consumer targeting as a major benefit.
58% of consumers use devices for food purchases
Consumers are spending less time cooking at home, opting for faster and more convenient food options.
L'Oréal expands social commerce to engage Gen Z
Company leverages TikTok's influence to capture emerging markets.
Tuan Sing and Mitsubishi Estate open Indonesia’s first int'l luxury outlet mall
It offers discounts of up to 70% daily.
FMCG growth slows down in Mainland China
The sector grew by approximately 2% in value in Q1 2024.
Enhanced protections for retail workers in Australia urged amidst crime surge
Key demands include stricter laws, better retailer-police collaboration, improved data sharing, and more technology.
Retailers adapt to new business models and changing shopper trends
Digitalisation has led to new models like marketplaces, direct-to-consumer, and social commerce.
Sustainable products drive 10% growth in beauty and personal care sector
Companies are now shifting to safer and natural ingredients.
Crocs and Mosaic Brands settle lawsuit over shoe design
Mosaic will discontinue the production and sale of the disputed footwear styles and similar designs by year-end.
What limits growth of India's luxury market?
Limited availability of suitable real estate remains a critical constraint.
Coty launches Max Factor in India
This is in partnership with beauty retailer House of Beauty.
How different generations shop for beauty products in Thailand
There is a notable increase in consumers over 50s.
EssilorLuxottica acquires Supreme from VF Corporation for $1.5b
The transaction is expected to close by the end of 2024.