The Asia Pacific retail market is expanding – estimates predict retail sales will reach more than US$ 11.8 trillion by 2021, a 42.5 percent share of global retail sales1. With rising household incomes and a growing middle class population – one that’s expected to make up two-thirds of the global middle class2 – retailers are evolving to cater to shoppers growing expectations across the region…
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Retail sales grow 8% y-o-y in March 2024: RAI Survey
According to the survey, sports goods reported a growth of 11% followed by apparel and beauty showing a growth...
