The Chinese hot drinks market is projected to grow at a compound annual growth rate (CAGR) of 9.4 percent from RMB 212.5 billion (US$30.8 billion) in 2020 to RMB 332.4 billion (US$48.9 billion) in 202…
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Optimising retail experience for consumers in China
For years, people have been talking about e-commerce causing the downfall of bricks-and-mortar stores. That chatter only intensified when Covid hit. But the reality is far from it.…
Five make or break rules to level up e-commerce game ahead of year-end sales
How do retailers take advantage of the e-commerce surge and drive growth in the ‘new normal’, while dealing with a spike in demand as the holiday season approaches?…
Top trends in imported wine consumption in China
JD Supermarket has released an imported wine consumption trends report with insights from the Singles’ Day Grand Promotion, reflecting Chinese consumers’ enthusiasm towards imported wine.…
Top trends in consumer behaviour and product development for 2022
Trend forecasting company WGSN released the top trends in consumer behaviour and product development for 2022 and beyond that will allow retailers to stay ahead of lifestyle shifts and choose the righ…
Beyond meat & fish: the rise of alternative proteins in APAC
November was World Vegan Month, the perfect occasion to change one’s lifestyle, one plant-based product at a time. Luckily, the product offering has expanded so much in the last decade. Retail in Asia…
The China Files: What Chinese consumers want in 2021
In 2021, ever-changing consumer tastes, coupled with the recent impact of Covid-19, has made China a challenging retail landscape for foreign brands to navigate, as consumers adapt the way they like t…
Who are the new luxury shoppers in China?
An Oliver Wyman research shows that 50 percent of this year’s Chinese luxury shoppers are new to the market. Let’s find out who they are and what they are looking for. …
6 emerging trends in luxury travel in China
The Ritz-Carlton, part of Marriott Bonvoy’s portfolio of 30 hotel brands, released its Next-Gen Luxury Travel Preferences Insight Report, which provides insights into the changing preferences of…
Open data reveals rising sea levels threat to Asia’s apparel sector
Looking to the future, using open datasets from the Open Apparel Registry (OAR) and Climate Central, researchers at Cornell University have revealed that thousands of Asian garment factories producing…
