Hong Kong has been in the limelight as of late – and for some in the luxury and retail industries, the positive press is overdue.…
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Luxury foodservice leads high-end sector’s rebound in APAC
Experiential luxury, encompassing luxury travel and hospitality, has witnessed remarkable growth, surpassing expectations by the end of 2022. Sales in this category are projected to increase by a subs…
Opinion: Taiwanese among the biggest luxury spenders in Asia, and brands should take note
The impressive luxury growth seen in Taiwan, valued at USD8.1 billion, has crept up over the last few years, making the market one of the bright spots for regional growth in East Asia, thanks to its c…
Asia, Europe put global luxury market on track for record growth in 2023
In the face of significant geopolitical and macroeconomic shifts, the luxury market appears to be weathering the storm, according to new research by Bain and Altagamma.…
Eagerly awaited across Asia, Singles’ Day faces more value-conscious shoppers this year
Singles’ Day is becoming the dominant shopping season for consumers not just in China but across Southeast Asia, though value remains top of mind for shoppers this year…
Look: These are APAC’s busiest shopping days this holiday season
The shopping habits during the year-end holiday season in the Asia-Pacific region showcase remarkable diversity, according to an annual forecast shared by Sensormatic Solutions.…
‘Haute-spitality’ round-up: How luxury brands are tapping into hospitality ventures around the world
Luxury brands tap into food and hospitality to offer consumers the chance to immerse themselves in a world that embodies the brand’s values and aesthetic.…
Social media takes the lead, surpassing search engines in brand and product discovery
The ever-evolving modern retail landscape is the focus of GWI’s latest commerce study, ‘You Are What You Buy,’ which delves into the shopping carts of consumers in the region, uncove…
Miu Miu leads top 10 ‘hottest’ fashion brands of the quarter
In its 30th anniversary year, Miu Miu has emerged as the most talked-about fashion brand worldwide for Q3 of 2023, surpassing ‘big sister’ brand Prada in terms of popularity. …
China’s Golden Week tourism thrives, but consumer spending remains subdued
Mainland China recorded a total of 826 million trips, marking a 4.1 percent increase compared to the equivalent period in 2019, during the eight-day period including Mid-Autumn Festival and National D…