Tag: Millennials

Retail Asia03/04/2019
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1min0
Singtel has announced the launch of an all-digital mobile service plan targeted at technology-savvy Millennial customers. The new product, GOMO Mobile, offers functionality including immediate online sign up and same-day SIM card delivery, 24/7 live chat for customer service inquiries and a dedicated customer care app. The S$20 GOMO Mobile plan includes 20GB of data, […]

Retail Asia29/01/2019
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12min0
All eyes are on Southeast Asia as the world’s next consumer powerhouse, with its young population and increasing purchasing power. Almost 280 million centennials – those born since 1995, also known as Generation Z, currently call this region home. While the size of this new generation alone makes them attractive prospects for retailers, their distinct […]

Retail Asia04/01/2018
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3min0
Japanese’s famous multi-brand ‘Atmos’ opened its first store in Korea. Atmos is a fashion multi-brand store currently running 30 outlets in Japan. Seoul is its second overseas store after New York. Atmos is Tokyo’s iconic street boutique established in 2000. It is the first shopping destination for footwear brands because of its ability to catch the latest […]

Retail Asia18/12/2017
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9min0
In 1997, Gianni Versace was murdered on the steps of his Miami Beach home. His grief-stricken sister, Donatella, suddenly found herself in charge of the family company. Twenty years later, she has chosen to take this anniversary and make it extraordinary, hijacking the style agenda to the extent that fashion journalists have been calling 2017 […]

Retail Asia13/12/2017
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11min0
It is no secret that retailers, distributors and manufacturers need to find new ways to meet consumers’ changing expectations in the luxury and fashion markets. These changes in consumer behavior led Paolo Marai, president and CEO of the Timex Group Luxury Division, which manages the timepiece business for Salvatore Ferragamo, Versace and Versus Versace, to appoint the MadaLuxe […]

Retail Asia30/10/2017
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3min0
Chinese millennials are driving faster growth than expected for worldwide sales of luxury goods, says consultancy Bain & Co. It says there is a thriving demand in China for items such as high-end handbags, shoes and jewellery. After stalling in 2016, revenues from personal luxury goods are set to rise 6 per cent at constant […]

Retail Asia28/12/2016
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5min0
Diamonds may be a girl’s best friend, and that’s especially true of female millennials in China. According to diamond-producing giant De Beers SA, 68 percent of diamond jewellery sales in China ($6.78 billion in 2015) are driven by millennial women, many of whom are college-educated, not married and quickly cultivating a collection of the gems. Bloomberg […]

Retail Asia06/09/2016
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3min0
As of 2016, according to the Central Statistics Agency’s estimations, Indonesian millennials — born between the 1980s and early 2000s — make up about 41 percent of the 258.8 million population. “The future will be in OTT and many want to capture this market. The number of millennials is going to be big in Indonesia and infrastructure is […]


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