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.…
Retailers in Korea produce rat-featuring products for 2020
Retailers in Korea have been rushing to roll out a wide range of rat-inspired products for 2020, which is the Year of the Rat, according to industry officials.…
The Future of Retail: Redefining the Retail Industry with Connected Shoppers
Why are some retailers thriving while others are closing for good?…
Countdown to 11.11
11.11 Global shopping day is coming soon! What is Alibaba doing to prepare?…
How do companies attract millennials?
An increasing number of food and beverage, fashion and electronics brands are looking to visual artists to come up with unique products to appeal to young consumers, company officials said. …
Starbucks is Koreans’ favorite coffee brand
Starbucks remains the most favorite coffee and beverage house for Korean consumers.…
South Koreans boycotting Japanese cosmetics
Amid the widening anti-Japanese sentiment in South Korea following Tokyo’s retaliatory trade restrictions, Japanese cosmetics have become a new target of Korean consumers’ Japanese product boycott cam…
China to account for more than half of luxury growth by 2025
Chinese luxury spending is expected to double to 1.2 trillion renminbi by 2025, delivering 65 percent of growth in the market globally, according to a recent study.…
Tmall Global aims to boost China’s imports of international brands
Tmall Global unveiled two key initiatives that further Alibaba’s plans to bring $200 billion worth of international goods into China over the next five years and help businesses of all sizes enter the…