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How the coronavirus outbreak is affecting retail in Asia

How the coronavirus outbreak is affecting retail in Asia The coronavirus outbreak that originated in mainland China has led to border controls in various countries, a decrease in tourist traffic and a drop in consumer confidence in the most affected countries. Shoppers are staying at home to avoid being infected and are staying away fromContinue reading “How the coronavirus outbreak is affecting retail in Asia”

Key Takeaways from the Luxury Symposium 2020

Key Takeaways from the Luxury Symposium 2020 “Disruption and challenges: Where luxury goes next” was the topic of the 4th edition of the Luxury Symposium, held in Hong Kong on January 20. Hosted by the French Chamber of Commerce and sponsored by Tofugear, Farfetch, Hongkong Land and others, it touched on the challenges the luxury sectorContinue reading “Key Takeaways from the Luxury Symposium 2020”

Why opening physical store is more important than ever

Why opening physical store is more important than ever Having a physical presence is more important than ever in the Philippines While many bricks and mortar retailers have moved into online retailing some time ago, the reverse is now happening too. In the Philippines, Lazada and Zalora are but some of the ecommerce players thatContinue reading “Why opening physical store is more important than ever”

Key themes of the 2019 Asia E-tailing Summit

Key themes of the 2019 Asia E-tailing Summit With the Asia E-tailing Summit concluded on December 5, here we summarise four key themes that emerged across the two days of this year’s event in Hong Kong.   There are ample ecommerce opportunities in Asia Online retail revenue in Southeast Asia is forecast to grow at aContinue reading “Key themes of the 2019 Asia E-tailing Summit”

Black Friday and Cyber Monday in Asia are nowhere near Singles Day

Black Friday and Cyber Monday in Asia are nowhere near Singles Day While Black Friday and Cyber Monday are still mainly ­­US-based events, it is beginning to extend its reach and gain awareness across Asia. During the 2019 event, we witnessed promotions across China, Hong Kong, India, Taiwan and elsewhere in Southeast Asia. Some retailersContinue reading “Black Friday and Cyber Monday in Asia are nowhere near Singles Day”

Three reasons why retailers in Asia are upgrading their ecommerce platforms

Three reasons why retailers in Asia are upgrading their ecommerce platforms There are currently almost an endless array of technologies and innovations that retailers can invest in as they look to future-proof their business and meet the expectations of the next generation of customers. But when Tofugear surveyed retail executives across Asia as part ofContinue reading “Three reasons why retailers in Asia are upgrading their ecommerce platforms”

What innovations are retailers prioritising for 2020?

What innovations are retailers prioritising for 2020? New innovative approaches are required for retailers to continue to meet the lofty expectations of today’s connected consumers. Inside Retail’s Top 50 innovative retail leaders ranking is testament to the progress that is being made in Hong Kong. But what does the picture look like for retailers elsewhereContinue reading “What innovations are retailers prioritising for 2020?”

Five key themes from 2019’s RISE conference

Five key themes from 2019’s RISE conference With RISE having concluded on July 11, it is now possible to take stock of the learnings that have emerged from Asia’s largest tech conference. Here we summarise five key themes that emerged across the four days of this year’s event in Hong Kong: Emerging markets are fertileContinue reading “Five key themes from 2019’s RISE conference”

How can retailers unleash the power of artificial intelligence

How can retailers unleash the power of artificial intelligence Artificial intelligence has been a buzzword in the retail industry for some time now. But rather than just talk about it, retailers are now at a stage where they are putting words into action and starting on their first AI projects. Over the last year, anContinue reading “How can retailers unleash the power of artificial intelligence”

How Can Retailers Capitalise on the Explosive Growth of Ecommerce in the Philippines?

How Can Retailers Capitalise on the Explosive Growth of Ecommerce in the Philippines? The ecommerce sector in the Philippines is booming. Growth has been running well into double digits for several years now and analysts are forecasting online sales to surge to US$9.7bn by 2025 – up from just US$0.5bn in 2015. Yet, there isContinue reading “How Can Retailers Capitalise on the Explosive Growth of Ecommerce in the Philippines?”