News
Three in four shoppers tighten budgets amidst higher prices
Consumers will likely switch to e-commerce for better and cheaper deals.
Three in four shoppers tighten budgets amidst higher prices
Consumers will likely switch to e-commerce for better and cheaper deals.
Over 40% of consumers are not willing to pay extra for green products
This challenges retailers to close the prices of sustainable products to conventional brands.
In-game sales could climb by 23% in 2024: report
This comes as more consumers play immersive video games online.
Robinsons Retail completes BPI buy-in deal
The company purchased 200 million shares of the bank.
Shopee ends Poland operations
Orders placed before 13 January 12 a.m., will still be processed.
UNIQLO Japan’s operating profit drops by 5.6%
Its operating profit stood at JPY39.4b in the first quarter of FY2023.
Fast Retailing Q1 profit contracts 9.1% in FY2023
This is despite a 14.2YoY revenue growth.
LVMH appoints new Louis Vuitton, Christian Dior Couture CEOs
Their appointment will be effective on 1 February.
Carlyle buys majority take in India-based skincare, beauty firm
It will support the business growth and brand building of VLCC.
Korea’s internet firm Naver acquires Poshmark
They plan to establish a global player in the online fashion re-commerce market.
Reliance Retail Ventures unit acquires 50% stake in beverage firm
The remaining stake in SHBPL will still be owned by the Hajoori Family.
Black Friday sales drive up Australia’s November retail turnover
Retail turnover climbed by 1.4% during the month.
Market Kurly operator postpones planned IPO
The company plans to push through with public listing ‘at an optimal moment.’
South Korea's department stores reduce VIP benefits
Analysts said VIP customers surged amidst a spike in luxury consumption.
Weekly News Wrap: As travel resumes, China’s luxury shoppers stay local; Challenging outlook for Hong Kong’s retail sector
And Apple begins hiring retail store staff in India.
L’Oréal invests in micro-printing startup
The company developed the L’Oreal Brow Magic with Prinker Korea.
Around 3 in 5 Malaysian e-commerce sellers optimistic for 2023
Sellers in the health and beauty category are the most optimistic.
Resource Center
Read Here
Advertise
Sign Up
Events
Event News
Event News
AI prompts fearless dive into corporate reinvention
![AI prompts fearless dive into corporate reinvention]()
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.
