Buy Now, Pay Later (BNPL) is a fast growing payment method in Singapore. However, with opportunities come risks. Here we have rounded up some of the risks that businesses should consider when building…
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Will the new relief measures be sufficient to save Hong Kong retail ?
Hong Kong’s retail sector is now facing an unprecedented crisis caused by the fifth wave of COVID-19 that hit the city last month. With a slump in both footfall and sales in brick-and-mortar sto…
The eyewear industry opportunity in Southeast Asia
The eyewear industry in Southeast Asia is on a growth trajectory. The market for eyewear is expected to grow at a CAGR of 7.98 percent between 2021-2025. In 2021, revenue in the eyewear market in Sout…
Will Hong Kong retail ever catch a break?
Despite fewer or no direct social distancing restrictions, retail businesses are still reeling from the 2019 protests and the last two years of pandemic measures. Although malls and stores were never …
Forecasting consumer trends for Asia in 2022
WGSN recently generated a list of 2022 key trends in product development, based on pattern analysis by its proprietary trend classification tools and insights from its global network.…
How luxury is stepping into the future
According to the 2021 Luxury Goods Worldwide Market Study by global management consulting firm Bain & Company, 2021 marked the turn of the Twentennial, where key changes for the next 20 years for…
Three e-commerce trends set to dominate in the Year of the Tiger in Southeast Asia
The future of online retail in Singapore is looking bright with e-commerce sales in Asia Pacific tipped to nearly double to S$2.69 trillion (US$2 trillion) by 2025. Read on and discover more key e-com…
2022 Retail Trends: the next generation of shopping experiences
2021 saw us adapt. Digital shopping was the “new norm”. As retailers everywhere were getting on board, it became increasingly difficult to create a point of difference. And, as lockdowns a…
Designing for sustainability: Begin with the end in mind
As Covid-19 has forced the world to slow down, it has pushed the fashion industry into a new and confronting reality. With retail shops forced to close, cancelled orders up and down the supply chain a…
China’s latest crackdown on celebrity culture – what does it actually mean for brands?
The recent events in China around celebrities such as actress Zhao Wei, whose public footprint has been ‘erased’ completely, followed by the announcement on banning of ‘sissy boys’ from the entertainm…