The core consumer price index in Japan is predicted to rise 2.1 percent from last May, marking the second month in a row that it has risen above the central bank’s 2 percent inflation target.…
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Post-COVID China is a green China
The pandemic has seen a marked uptick in individuals demonstrating kindness to others and the planet. This is noted in the increase in sustainability awareness and charitable behaviour among Chinese c…
Study shows half of Hong Kong consumers prefer unmanned stores
The network video solutions house Axis Communications released a report on “Consumer Preferences Towards Unmanned Store Experiences” based on the findings from Hong Kong Retail Research 2022. Milieu…
The fragrance effect: Why Asia is the land of opportunity for fragrance brands in 2022
Retail in Asia takes an in-depth look at fragrance in Asia, outlining key consumer trends and behaviours within key markets in the region.…
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. …
China’s e-commerce value to reach US$3.3 trillion by 2025
China’s e-commerce value is set to skyrocket to more than US$3 trillion in the next four years, as consumers increasingly shift from physical to digital shopping, according to the latest study by rese…
India’s wearables market lifted 144% in 2020
India’s wearables market recorded triple-digit growth in 2020, led by a spike in demand for earwear devices, primarily for remote working and learning, coupled with the upgrading of wrist bands to wat…
Millennials, Gen Z to make up more than half of luxury sales in 2025
The personal luxury goods industry has recorded its largest sales drop on record this year, falling by 23 percent at current exchange rates to hit US$256 billion, according to a recent report.…
Which age group is the biggest online spender in Korea?
Koreans in their 50s are emerging as potential big online spenders as they were found to have spent the largest amount on average per transaction during the first three months of the year.…
China after COVID-19: how are consumers returning to shopping venues?
Retailers and Investors globally are now trying to understand the impact of COVID-19 on the retail landscape.…