Retail news in Asia

An overview of news, trends and research in the Retail industry in Asia:

ABeam Consulting helps Kosé with development of new store in Tokyo Kosé, a Japanese multinational personal care and beauty products company, chose ABeam Consulting to provide consulting and customer experience services in the run-up to the opening of its latest stor
17 October 2024
Asian nations shine in Kearney's Global Retail Development Index Asia-Pacific nations are stronger than ever in Kearney’s latest global benchmark of retail powerhouses.
29 April 2024
Half of Chinese consumers to spend more on Singles Day 2023 Singles Day, also known as the ‘anti-Valentine’s Day’, is an annual shopping extravaganza in China that falls on 11 November.
10 November 2023
Indonesian skincare market on a steady growth path The skincare sector in Indonesia is projected to expand over the next four years at a compound annual growth rate of nearly 5% due to more easily accessible information on the advantages of skincare
10 November 2023
Market size of global halal industry to reach $7.7 trillion by 2025 Southeast Asia’s halal industry is booming according to a new study by management consulting firm YCP Solidiance, and is showing no signs of slowing down.
30 September 2023
China leapfrogs rivals to become world's largest luxury goods market The Chinese market for luxury goods is expected to grow to 25% of the global market by the end of this year.
26 September 2023
Online shoppers want more information around sustainability Greenwashing and stubbornly high prices for sustainable products are concerns in Europe and Asia, as countries around the world try to meet sustainability goals.
27 July 2023
Local apparel and fashion brands in China winning market share Chinese apparel and fashion brands are becoming increasingly competitive in the domestic market, tapping into the growing preference from consumers for local brands.
09 May 2023
McKinsey: Resellers a key driver of Indonesia’s e-commerce sector Having grown fivefold over the past five years, Indonesia’s e-commerce market is booming.
03 May 2023
FTI Consulting completes sale of Cerruti 1881 and Kent & Curwen Guangzhou-based fashion company Biem.L.Fdlkk Garment has purchased the global trademark rights for two fashion brands: Cerruti 1881 and Kent & Curwen.
13 April 2023
How retailers can transform into shopper-first organisations With most of life shifted online, retailers in Asia Pacific and around the world have to fast-track their digital transformation efforts.
05 January 2022
China’s Singles Day (anti-Valentine’s Day) to break records yet again China’s Singles Day – dubbed anti-Valentine’s Day by many – is yet again poised to break records this year, with over 8 out of 10 Chinese consumers intending to spend the same or more in 2021 compare
01 November 2021
The case for data and artificial intelligence in retail & consumer goods Consumer habits have changed – and whether we like it or not, these changes are here to stay.
19 October 2021
Cosmetic giant Shiseido teams up with Accenture for technology Accenture is setting up a joint venture with Japan-headquartered global cosmetic and personal care company Shiseido – to help the latter explore the value of digital in the modern consumer market.
19 May 2021
Pandemic permanently altering consumption habits in China The global pandemic has provoked widespread environmental concern among consumers in China according to a new AlixPartners report, with many to permanently alter their behaviour.
05 May 2021
R/GA survey uncovers serious Singapore slide in brand loyalty Rather than being sold to, Singaporean consumers want to get the most from the products they purchase according to a new survey from R/GA, with significant implications for brands.
04 May 2021
B2B e-commerce the future of FMCG retail in Indonesia Retailers in Indonesia are rethinking their supply chains, with B2B ecommerce platforms taking preference over traditional distribution models. A new L.E.K.
14 April 2021
Singapore consumers confused and distrustful of sustainability claims Accenture and the WWF have teamed up in Singapore to survey consumers on sustainable products, finding that confusion around inconsistent eco-branding is inhibiting uptake.
22 March 2021
Covid-19 a catalyst for growth in Indonesia's e-grocery market Currently valued at around $1 billion, Indonesia’s e-grocery market could jump to $6 billion by 2025 – spurred on by Covid-19 and its repercussions. A new strategic L.E.K.
18 February 2021
8 charts on how Covid-19 is changing Indonesian consumers The Covid-19 crisis is significantly changing purchasing behaviours and decisions of consumers in Indonesia.
14 December 2020
Six future-proofing strategies for retailers by Bain & Company As Asia-Pacific’s (APAC) online retail market booms, Bain & Company has laid down six future-proofing strategies for retailers to make the most of future market conditions.
25 November 2020
Online shoppers are ready for an immersive tech experience Consumers in Asia Pacific (APAC) are ready for immersive technology in their online shopping experience, more so than anywhere in the world.
19 November 2020
China's Singles Day will be larger than ever, despite Covid-19 Covid-19 is hitting retail sales all over the world, although the world’s largest annual sales event – China’s Singles Day – appears on track for a spending spree.
04 November 2020
Modern retail channels are gaining ground in Myanmar Eight years after the economy was liberalised, consumerism appears to have taken hold among Myanmar’s population – spelling riches for the country’s budding modern retail sector.
27 October 2020
The downside of Covid-19's ecommerce boom: longer delivery times Ecommerce delivery times jumped by nearly 120% in some Southeast Asian markets this year, as a direct result of the boom in volumes since the start of the Covid-19 crisis.
20 October 2020
Accenture implements SAP at clients in Sri Lanka and Thailand Accenture has been hired to support SAP implementation programmes at clients in Sri Lanka and Thailand.
20 October 2020
M&A eyes China's booming sheconomy as women lift spending Women now account for 75% of all consumer purchases in Mainland China, and the merger and acquisition (M&A) landscape has been quick to recognise this opportunity.
04 September 2020
Bain and Facebook see hugely accelerated online shopping trend Last year, Bain & Company and Facebook expected Southeast Asia to have 310 million people shopping online by 2025. Now, thanks to Covid-19, that milestone will be achieved by the end of this year.
31 August 2020
R/GA inks deal with refurbished electronics marketplace Reebelo R/GA has added one of APAC’s fastest growing startups to its growing list of clients in the region.
24 August 2020
Bain and Facebook on online shopping in Southeast Asia A promising outlook for online commerce in Southeast Asia has been made ever more promising by the Covid-19 crisis, according to new analysis by Facebook and Bain & Company.
22 June 2020
Coronavirus prompts dietary changes among Chinese consumers Only one in every five Chinese consumers have maintained their ordinary diets during the coronavirus outbreak according to a new survey from global consultancy Oliver Wyman.
10 March 2020
Inside McKinsey's innovative in-store retail experience in the US Global management consultancy McKinsey & Company recently opened a physical retail shop in the US, stocked with the latest in in-store shopping innovations.
15 November 2019

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