Retail

Retail sales climb 4.0% YoY in August

Month-on-month, sales improved by 1.7%.

How APAC brands can improve connections with consumers globally

Experts advise analysing market complexity by considering laws, political risks, and cultural references of the market they want to enter.

4 in 10 SHEIN users prefer buying from sustainable brands

The ultra-fast fashion business has long faced criticism over its environmental impact.

More than 70,000 jobhunters want a career in retail: job portal

It exceeded 2019 levels for retail job applications.

Carousell Campus launched to enhance recommerce capabilities

It will improve brands’ authentication and inspection.

H&M makes fashion statement with sustainable facade at revamped Orchard store

The company used ‘i-Mesh’ fabric as the store’s facade, marking a first in Southeast Asia.

Seven in 10 consumers are enthusiasts of loyalty programmes

Gen Z and millennials are most likely to avail of these programmes.

More than 5 in 10 online shoppers want sustainability info on products

Sustainability info affects the purchase decisions of eight in 10 consumers.

Local artisans initiative reaches over 150 homegrown brands

The third phase targets to expand their reach internationally.

Retail sales flatline in July but expects rebound in H2

However, outside factors like negative job market conditions could put a drag on its growth.

Retail sales climb 1.1% YoY in July

Month-on-month, sales improved by 0.6%.

Dasin Retail Trust receives demand notice over onshore facility loan default

The around $67.3m loan facility matured on 31 December 2022.

Recovery of retail rents to be uneven: analyst

Experts forecast a slower increase of 2.0% YoY for the Suburban Area.

Retail sector offers the least work flexibility: report

Only four in 10 retail employees feel their employers offer flexibility.

Business receipts of service industries rise 3.9% YoY in 2Q23

Recreation & Personal Services had the highest growth in revenue amongst industries.