Changi Airport concession sales reached SGD 1.1 billion (USD 822 million) in 2022, representing 37 percent of 2019 levels. Turnover from airside and public shops (excluding those from Jewel Changi […
Changi Airport concession sales reached SGD 1.1 billion (USD 822 million) in 2022, representing 37 percent of 2019 levels. Turnover from airside and public shops (excluding those from Jewel Changi […
In the second quarter of this year, Koreans made fewer overseas direct purchases online compared to the previous quarter because of the KRW/USD currency rate.…
The McKinsey group predicts China’s consumption growth will rise USD 10 trillion between 2021 and 2030 as income rises. The pandemic has also prompted consumers to place an increased emphasis on…
China Consumer Rights Day took place on 15th March. The highlight of the day is a two-hour prime-time show broadcast by state-run China Central Television (CCTV), known as the ‘315 Show’ w…
On International Women’s Day, JD.com released a trends report in partnership with the Industry Development Institute analyzing female consumption in China. The number of female users on JD.com has con…
According to a new report, ‘Why Shopping’s Set for a Social Revolution’, released by Accenture on 4th January, global shopping via social media platforms is set to grow three times as fast…
From Japan’s Cabinet Office in November, more evidences showed that the pandemic has pushed more online consumption. As of June 2021, 51.3 percent of the population had shopped online, breaking …
Korea’s potential growth rate predicted by the Bank of Korea between 2019 and 2020 dropped by 0.4 percentage point to 2.2 percent ― implying that household consumption expenditures will decrease…
Platinum jewellery, especially branded collections, remains resilient amidst a still challenging situation in retail in most markets. Let’s have a look at the platinum jewellery industry review for Ch…
Japan’s retail sales rose again in July, marking the fifth consecutive month to witness growth, as the nation continues to see recovery in the consumer sector. …