Tag: Consumers

Retail Asia05/02/2021
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1min0
Japanese beauty company Shiseido said it plans to sell its personal-care business, which includes its lower-priced hair care and skin care products, to private equity firm CVC Capital Partners for 160 billion yen (US$1.5 billion). Shiseido’s personal-care unit includes popular brands like Senka face wash and Tsubaki shampoo. Under this deal, the assets will be transferred in July […]

Retail Asia26/03/2020
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3min0
Covid-19-induced changes in consumer behavior could prove a new tidal change in the direction of China’s influence, according to new research by market intelligence agency Mintel. The report suggests that mass self-quarantine, caused by the outbreak, will leave an indelible shift in how Chinese consumers – and through the country’s influence, Asia-Pacific – behave going […]

Retail Asia19/08/2019
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7min0
When 23-year-old Chinese student Aaron Huang started his hunt for an Android replacement for his Apple iPhone in April this year, it was clear which brand was trying hardest to win him over. Promotional campaigns by Huawei Technologies and from local retailers supporting the brand were everywhere, said Huang, adding he was influenced by domestic […]

Retail Asia13/08/2019
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2min0
A Sephora data breach has been confirmed, spanning customers from Hong Kong across Southeast Asia and into Australasia. The LVMH-owned company has emailed online customers who may have been affected confirming some of their data may have been accessed and copied. The international beauty retailer said an unknown number of customers have been affected in […]

Retail Asia23/07/2019
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5min0
Users of shopping apps users are becoming increasingly purchase-happy in what is poised to be mobile commerce’s biggest year so far, according to a recent study by Liftoff. The report by the mobile-app marketing and retargeting platform also uncovers key insights into Asia Pacific (Apac) mobile shopping behaviour, suggesting the rise of “Mobile Window Shopping” in the […]

Retail Asia04/07/2019
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2min0
Tmall, China’s largest B2C platform under Alibaba Group, has formed a strategic partnership with VF Corporation (“VF”) to expand the global leader’s offerings of branded lifestyle apparel, footwear and accessories in China. Under the agreement, Tmall Innovation Center (“TMIC”), the dedicated retail innovation arm of Tmall, will provide VF data-driven consumer analytics from the 654 […]

Retail Asia01/07/2019
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2min0
Farfetch China has opened a flagship store on JD, one of its strategic investors. The move follows Farfetch China’s purchase of Toplife announced in February and gives the global luxury-fashion technology platform access to more than 300 million customers in Mainland China. According to a statement, Farfetch now has a ‘Level 1’ entry point on […]

Retail Asia24/05/2019
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2min0
United Overseas Bank on Monday launched Singapore’s first online utility marketplace by a bank, as part of the Open Electricity Market initiative. United Overseas Bank (UOB)’s utility marketplace will add to an existing array of comparison websites under Singapore’s Open Electricity Market initiative by the Energy Market Authority. Featuring 10 utility providers on a single website, customers […]

Retail Asia09/05/2019
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1min0
O2O fashion brand Pomelo has launched its first cosmetics line, Beet, solidifying its identity as a one-stop lifestyle brand. Created with women on-the-go in mind, Beet comprises 17 products across four categories – Liquid Blush, Liquid Lipstick, Lip Gloss and Liquid Shimmer. All products are priced at S$10 per item and feature paraben-free and cruelty-free […]

Retail Asia02/05/2019
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2min0
The fiber network unit Reliance Jio Infocomm is reportedly planning to raise around 270 billion rupees ($3.89 billion) in syndicated loans to help expand the newly created infrastructure business. Jio Digital Fiber plans to use the proceeds to expand its business and allow it to serve external customers from the telecom, ISP, power and other sectors. Reliance […]

Retail Asia29/04/2019
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6min0
China’s coffee craze has gained pace with the growth rate in consumption on premise 25 per cent higher last year. According to research from Mintel, China’s on-premise coffee market value reached RMB64.7 billion (US$9.6 billion) last year, up 7.5 per cent on the year prior, when the growth rate was 6 per cent. It is […]

Retail Asia26/04/2019
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10min0
Online reviews sound good in theory. In practice, however, they don’t work so well. Reviews were initially important as proxies of trust for e-commerce businesses, but they have now well and truly spilled over to bricks-and-mortar businesses, where the weakness of the review system is being amplified as some consumers have figured out how to […]

Retail Asia26/03/2019
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3min0
The Vietnam retail sector is forecast to record double-digit growth from 2019 to 2024, according to a report by ResearchAndMarkets. While a number of Vietnamese consumers still choose to shop in traditional markets as they can buy ingredients in smaller portions, supermarkets are offering ready-to-cook packages better suited to the daily needs of the average […]

Retail Asia14/03/2019
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8min0
Retailers must recognise consumers are in control and they are looking for experiences above all else, according to US trend expert Tom Mirabile. Speaking at the International Housewares Association’s annual show in Chicago, Mirabile said housewares suppliers and retailers need to focus all their efforts on what the consumer wants, how the consumer sees themselves, […]

Retail Asia12/03/2019
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3min0
While several retailers have talked about conditions improving since a somewhat dismal holiday trading period, the Australian Bureau of Statistics have released a more muted view of month of January, with retail sales having improved by 0.1 per cent. This increase followed a fall of 0.4 per cent over December 2018, and a 0.5 per […]


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