Euromonitor

Retail Asia28/02/2023

Starbucks and Samsung used the strategy to increase sales. Enhanced customisation helped in driving sales growth of some brands in 2022, Euromonitor International said in its latest study. More than 49% of global digital consumers aged 15 to 29 said they are willing to share personal preferences with brands online. An example of enhanced customization is Starbucks […]

Retail Asia28/02/2023

Three in 10 people visited e-commerce platforms even if they had nothing to buy. Digital commerce platforms like Shopee used in-app games to allow users to win coins that increase their time on the app, which will ultimately raise consumer spending, a recent Euromonitor International study said. The study showed that 33% of consumers liked to look […]

Retail Asia05/12/2022

Over 1,127 tons of instant noodles were consumed a day in Vietnam last year, surging than 20% compared to 2016, according to the UK-based market research firm Euromonitor. In 2021, Vietnam consumed about 411,500 tons of instant noodles, up 9% against 2020. Total instant noodle sales in the country surpassed VND3.8 trillion (over $153.2 million) […]

Retail Asia02/10/2018

Indomaret convenience store chain leads the rankings of Indonesia’s top 10 retailers. The Indomarco Prismatama-owned convenience store chain achieved sales of US$4.89 billion last year, followed by Alfamart with $3.97 billion, according to Euromonitor. Speaking at a conference where Indonesia’s top 10 retailers were revealed, Euromonitor’s Dhea Sutanto said Indomaret’s success was likely attributable to […]

Retail Asia25/01/2018

Genetic make-up and extended augmented reality are among the top 10 consumer trends for 2018, according to a new Euromonitor International report. People’s growing curiosity about their genetic make-up and a rising interest in personalised health and beauty are fuelling a global market expected to soar by 2022, says the Top 10 Consumer Trends for 2018 report. […]

Retail Asia26/04/2017

A Lazada loyalty program for Singapore shoppers looks set to be expanded to other Asian markets. Alibaba-owned Lazada has teamed up with Netflix and Uber Technologies – the first time the companies have jointly created an online rewards program, according to Lazada CEO Maximilian Bittner. The program is aimed at consumers who primarily go online […]

Retail Asia24/11/2016

The luxury retail sector will grow next year – but at a disappointingly slow rate, according to the latest data from Euromonitor. As tough global trading environments continue to prevail – social and political unrest in Asia Pacific, economic slowdown in Latin America, and conflict in Eastern Europe will conspire to restrain growth in both […]

Retail Asia15/11/2016

Alibaba Group Holding Ltd. says sales from its massive Singles Day shopping event totaled $17.8 billion, up more than 24% from the record $14.3 billion sold last year. (This year’s total is RMB 120.7 billion, up 32% year-over-year due to fluctuations in the Chinese currency.) The most popular U.S. brands as of about 10:30 p.m. […]

Retail Asia20/10/2016

Following a decade of declining health, 88-year-old King Bhumibol Adulyadej of Thailand, the world’s then-longest-reigning monarch, passed away in Bangkok on October 13. The king’s untimely death concluded a reign that lasted more than seven decades and initiated a year-long period of mourning, bearing substantial consequences for the nation’s luxury and fashion sectors. As declared […]

Retail Asia05/08/2016

Star power is being used to connect fast-growing athleisure brand Under Armour with Chinese consumers. NBA All-Star Stephen Curry heads back to China next month for another promotional tour for sportswear brand Under Armour China (UA). As UA seeks to take market share away from rival Nike, the basketballer will be touring the greater China […]

Retail Asia11/06/2016

Convenience store owner Lawson Japan is seeking to buy chains in the US with the aim of boosting its number of overseas outlets by about a quarter within a year. “In the US, where the market is mature, mergers and acquisitions are a simple and straightforward way for us to expand, which would also allow […]

Retail Asia30/05/2016

The Chinese vegan market is expected to grow 17.2 per cent between 2015 and 2020 – the fastest growth rate in the world. Global market research company Euromonitor International’s new Ethical Labels database reports a growing movement toward sustainability, social responsibility and transparency on labels worldwide. According to the new research, halal and vegan labels are […]

Tag: Euromonitor

How enhanced customisation pushed brands’ sales growth

E-commerce leverage in-app games to drive consumer spending

Vietnamese consume over 1,000 tons of instant noodle daily

Here are Indonesia’s top 10 retailers according to Euromonitor

Top 10 Global Consumer Trends for 2018

Lazada loyalty program link to other ecommerces

Headwinds will cramp luxury retail sector

Apple, Nike and Playboy among most popular US brands on Alibaba’s Singles Day

After Death of Thai King, Luxury Market Wavers

Under Armour China recruits star power

Lawson Japan eyes US for expansion

Chinese vegan market booming