Rising popularity of aspirational luxury products, increasing internet penetration among the local millennials and Gen Z, and the active engagement of brands on social media have combinedly facilitate…
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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.…
Revolve Group announces financial results
Revolve Group, Inc., the next-generation fashion retailer for Millennial and Generation Z consumers, announced financial results for the third quarter ended 30th September, 2020.…
8seconds collaborates with young artists for new collections
The fast fashion brand 8seconds is collaborating with more young artists to attract Millennials and Generation Z.…
Reselling sneakers is an emerging trend among Korean millennials
A growing number of Korean millennials are making a fortune by purchasing and reselling limited edition sneakers and luxury goods, according to industry officials.…
EXCLUSIVE INTERVIEW with b.space team: towards a new era
Colors, lights, music, everything at its best to celebrate b.space’s 2nd anniversary. b.space turns two and Retail in Asia meets the team.…
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. …
Japanese coffee chains are expanding into Asian markets
Specialty coffee chains in Japan are ramping up their push further into Asian markets, betting that a commitment to customer service and quality will help win young locals away from global leader Star…
Evian launches “I Wanna #Liveyoung” campaign
Targeting millennials with themes of living a full life whilst radiating a strong sense of self is a common strategy for brands and marketers and evian has adopted this approach to engage this generat…
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.…