News
Alibaba splits into 6 business units
Except for Taobao Tmall, the other business can raise outside capital and pursue IPO.
Alibaba splits into 6 business units
Except for Taobao Tmall, the other business can raise outside capital and pursue IPO.
South Korea retail sales up 7.9% in February
The operating days during the Seollal holidays helped boost sales.
Thai restaurant tops Asia’s 50 Best Restaurant
A total of nine restaurants from Bangkok made it to the list.
Retail sales in Australia remain flat in February
It rose by 0.2% in February, following a 1.8% growth in the previous month.
Hot drinks sales growth in China hinges on reopening
The market is expected to expand to $53.9b by 2027, GlobalData reported.
Why retailers integrate technology in their operations
This includes virtual and augmented reality, and data analytics, amongst others.
H&M outperforms over 40 fashion brands in emissions reductions
The company scored a B- in Stand.earth’s 2023 Fossil Free Fashion scorecard.
Over two-thirds of largest fashion firms score low in sustainability
Only H&M scored high in the Fossil Free Fashion scorecard.
Around 1 in 2 working women in India consumes VMS: Mintel
Bone and digestive health, and immunity are the top three benefits they want from VMS.
Where do consumers spend the majority of their budget?
Nearly half of the consumers shop the omnichannel.
APAC e-commerce sales down by nearly 3% YoY
E-commerce sales growth has slowed down globally.
Apparel, accessories sector rebounds in FY2021
The sector’s total revenue was up 31.3% YoY.
60 APAC firms amongst Top 250 Global retailers: Deloitte
China’s JD.com is the top retailer in the region, ranking 7th globally.
How Japanese brands can capture young Chinese consumers
Brands may bank on Mangas and Animes, GlobalData said.
Superdry sells IP assets to South Korea’s Cowell Fashion
The transaction costs $50m.
Around 1 in 4 Thai Gen Zs find spending on preventing skin issues a waste
They prefer to buy products that address current issues.
Indonesian’s evolved self-care habits open opportunities for brands
Nearly 60% of Indonesians say looking good makes them feel confident.
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AI prompts fearless dive into corporate reinvention
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Technology
Siam Piwat Group’s digital chief touts AI’s transformative power in boosting customer value, personalisation, and brand trust.
Siam Piwat Group’s digital chief touts AI’s transformative power in boosting customer value, personalisation, and brand trust.
