In a positive sign for the Korean beauty industry, South Korea’s cosmetics exports enjoyed a 16.1 percent year-on-year increase last year despite the coronavirus pandemic.…
.
Your one-stop source for retail intelligence in Asia
Hong Kong rental forecast
Some structural changes in the demand profile and market fundamentals are underway and both retailers and landlords need to adapt to stay relevant.…
China cosmetics and toiletries sector to be worth US$97.9 billion by 2024
China, the world’s second-largest economy, is expected to have a cosmetics and toiletries sector worth US$97.9 billion by 2024, growing at a compound annual growth rate of 6.2% from US$72.6 billion in…
Singapore retail closures hit 10-month high in September
Retail closures in Singapore hit a ten-month high during the month of September, according to figures from the Accounting and Corporate Regulatory Authority (ACRA).…
EXCLUSIVE INTERVIEW with Skechers about retail expansion amidst the pandemic
Retail in Asia had the pleasure to interview Zann Lee, Vice President of Skechers Southeast Asia, on the topic of retail expansion and growth amidst the challenging climate in this pandemic.…
EXCLUSIVE INTERVIEW with Natasha Moor
Retail in Asia had the pleasure to interview Natasha Moor, Founder and CEO of Natasha Moor Cosmetics, about her business amidst the Covid-19 pandemic.…
How is the cosmetic industry doing in Taiwan?
According to Taiwan’s Statistics Department of the Ministry of Economic Affairs, mask wearing has resulted in the decline of demand for cosmetics.…
Department store sales in Japan fell 22% in August y-o-y
Department store sales in Japan fell 22 percent in August compared to the same month last year, marking the 11th straight monthly decline, as Japan remains hurt by the coronavirus pandemic, which cont…
How did Korea’s wine business do this year?
South Korea’s wine imports rose more than 9 percent in the first eight months of the year as more people enjoyed drinking at home and alone due to the coronavirus outbreak, data showed.…
How did South Korea’s retail industry do in July?
Retail sales in South Korea advanced 4.4 percent in July from a year earlier as online platforms have enjoyed a spike in demand for groceries and home appliances amid the coronavirus pandemic, data sh…