Inside Retail Asia latest news on share market and business strategies within the retail industry.
Latest Business News - Inside Retail Asia
New research has shown that retail and restaurant businesses globally are likely to spend US$1.7 billion annually on POS software by 2024.
KOLs, or key opinion leaders, are beginning to dominate online marketing in China. But there is a new group gaining ground on them: KOCs. Top influencers like Viya and Austin Li have cultivated millions of fans and are highly sought after by top brands in fashion and beauty. But last year a new breed of influencers began to take off: KOCs, or key opinion consumers. These micro-…
Mobile- and social media-centric online-to-offline strategies that provide seamless shopping experiences are a “must” in China’s new consumer era, according to the latest 10 Highlights of China’s Commercial Sector report.
Gap has nixed plans to spin off its Old Navy subsidiary, saying that after further investigation the costs involved outweighed the benefits.
Google has acquired Irish start-up Pointy, a firm that allows physical stores to make their products discoverable online.
The Australian business of Hong Kong-owned apparel retailer Jeanswest has entered voluntary administration, due to the difficult trading conditions facing the clothing retail market Down Under.
AI in retail has grown beyond a mysterious buzzword to a tool for revolution in retail – but adoption rates are lagging other industries.
Customers of insurance companies are starting to demand the same style of customer experience and convenience they have come to expect from retailers.
Disruption and uncertainty remain the biggest challenges facing apparel brands, retailers and their global supply chains heading into the new decade, says research house GlobalData, outlining five key apparel-sourcing trends for the year ahead. Unpredictable and fast-moving changes to tariffs and trade, pressure to make smarter and faster decisions, and demands for new levels of sustainability will all weigh on fashion business…
The Australian Summer is not just about the Christmas, New Year and Australia Day period. It is also the biggest time of year for in and out-of-home entertaining as many people take advantage of the sunny weather. Justin Nel, Lead Consultant at IRI recaps the three hottest grocery and summer entertaining trends from 2019 that manufacturers should consider in the New Year. Good for me, good for the planet …
Nike has signed on as the official kit provider of presumptive English Premier League 2020 champions Liverpool FC.
During the recent Singles’ Day sales, more than 1 million orders were placed and processed through voice command via Alibaba’s Tmall Genie.