News

Hot drinks sales growth in China hinges on reopening

The market is expected to expand to $53.9b by 2027, GlobalData reported. 

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. 

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. 

Over 35% of Indonesians eat to reduce stress: report

Shoppers in the market buy food and drink to indulge during tough times. 

World of Flight opens first Jordan-only store in Japan

The Jordan World of Flight Shibuya is also the first in Asia. 

L’Oreal invests in biotech for sustainable beauty

This is to include more plant-based ingredients in their beauty products. 

Foot Locker to exit Hong Kong, Macau

It will continue to expand in the region through licenses.