Holzweiler announced that the partnership with Sequoia Capital China would accelerate and scale its direct-to-consumer business globally. Through its new owner’s digital experience, global reach, and …
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Golf-wear is the new luxury in South Korea
The Korean Leisure Industry Institute estimated the value of the local golf-wear industry at 4.5 trillion KRW (3.5 billion USD) in 2019, despite COVID-19 restrictions. As of 2021, the Korean market wa…
New five-storey retail project comes to life at Park Silom
NYCE & RGP Development Co., Ltd. has signed a strategic agreement with Siam Piwat Co., Ltd. for retail asset management and property management for “Park Silom”, a premium mixed-use project in Si…
Inflation in Indonesia has reached highest level in seven years
A 4.94 percent inflation rate was recorded in July, the highest rate in seven years. Not only are commodities in short supply, but imported materials are expensive. Last month’s inflation rate was the…
Is sustainability the new sexy? EXCLUSIVE INTERVIEW with founder of Single Use Ain’t Sexy
Don’t judge a brand by its name, Single Use Ain’t Sexy (SUAS) isn’t just another gimmicky brand that comes with no substance. On the contrary, the 2-year-old brand has been coined by The Age/Sydney Mo…
Despite an increase in sales, adidas’ operating profit declines in Q2
adidas is facing incongruent results from their western and Greater China markets. The company’s traditional market is thriving despite continued challenges in supply and demand. However, the impacts …
Unexpected rebound in Alibaba’s profits, beats gloomy forecasts
Alibaba Group exceeded Wall Street’s expectations in its first quarter results. Across the world’s second-largest economy, shoppers have swelled and supply chains have untangled, according to the comp…
The Creator Economy is Influencing How Consumers Make Decisions
In a booming creator economy, micro-influencers on TikTok are an untapped opportunity for APAC brands. According to Meltwater’s latest report entitled ‘The Rise of the Creator Economy: A New Opportuni…
A look into India’s second crackdown on Chinese technology
India has begun its second wave of cracking down on Chinese-owned technology, citing investigations by India’s Enforcement Directorate into dubious economic policies of Chinese technology as the reaso…
Meta Introduces Digital Collectibles in Hong Kong to Showcase NFTs on Instagram
Last Friday, Meta announced the launch of ‘digital collectibles’ on Instagram in Hong Kong. The feature provides people, creators, businesses and collectors the ability to share their non-fungible tok…