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Insights
11-Dec-18 Luxury brands should not overlook the growing market in the Middle East, with a projected growth of 50 percent for clothing and footwear. Sotheby’s notes that demand for rare and modern watches is at an all-time high in the region. [image: Luxury Society]
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Insights
27-Nov-18 As China embraces a coffee culture, Luckin, Starbucks' only real challenger, has to get customers to try out its delivery service, and "hope to retain them based on the convenience and value,” said Pete Read, CEO of Global Growth Markets. [image: ImagineChina]
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Insights
27-Nov-18 E-commerce is reshaping retail and threatens to displace traditional shopping. Korea’s retail sector is thriving in the face of this upheaval, with 6% growth in 2018. Improved relations with China have driven 34% duty-free sales growth. [image: Shutterstock / Retail In Asia]
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Insights
11-Nov-18 What happened in general retail in India with the entry of Flipkart, Amazon and Snapdeal is now happening in pharmacies. Accessibility and lower prices mean online is beginning to hurt drug stores, with prices 10-20 percent lower. [image: The Economic Times]
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Insights
06-Nov-18 Close on the heels of Walmart acquiring Indian e-commerce firm Flipkart, Amazon is cutting deals with offline retailers in India. Its investment arm is set to pick up a 9.5% stake in Future Retail for INR25 bn (USD346 mn). [image: Amazon / Asia Times]
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