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Retailers need to instill confidence among APAC consumers to remain relevant in post COVID-19 world, says GlobalData

Retailers need to instill confidence among APAC consumers to remain relevant...

As China and other markets across the Asia-Pacific (APAC) region continue to grapple with the COVID-19 pandemic, there is...
Athleisure set to increase its share in clothing and footwear to 18.5 pc by 2023 in APAC, says GlobalData

Athleisure set to increase its share in clothing and footwear to...

The athleisure market in the Asia-Pacific (APAC) region is no longer just a western world phenomenon. It symbolizes the...
COVID-19 boosts customer appetite for online grocery shopping in APAC countries, says GlobalData

COVID-19 boosts customer appetite for online grocery shopping in APAC countries,...

The need to maintain social distance and stay at home due to the COVID-19 pandemic is increasingly forcing consumers...
As APAC luxury markets sink by US$ 2.1 bn, brands turn to affordable luxury, says GlobalData

As APAC luxury markets sink by US$ 2.1 bn, brands turn...

Luxury has been one of the most affected industries in the retail sector due to the COVID-19 pandemic. The...
E-commerce and contactless payments will see unprecedented push post-COVID-19

E-commerce and contactless payments will see unprecedented push post-COVID-19

The COVID-19 pandemic has brought a paradigm shift in the payments industry. While cash payments became a thing of...
Grocery retail saw 4X surge in influencer conversations on Twitter over last 90 days, finds GlobalData

Grocery retail saw 4X surge in influencer conversations on Twitter over...

Retailers are seeing a surge in grocery shopping as consumers stock up on food and other essentials because of...
Likes and followers set to be more valuable as retailers rely on social media post-COVID-19, says GlobalData

Likes and followers set to be more valuable as retailers rely...

43.7 percent of consumers globally stated that they are spending more time on social media due to the coronavirus...
‘Rise in e-commerce and contactless payments will support card payments growth in New Zealand’

‘Rise in e-commerce and contactless payments will support card payments growth...

Card payments in New Zealand will continue to rise at the expense of cash amid COVID-19 outbreak, though at...

China to overtake US as the largest apparel market by 2023,...

Forecasts suggest that COVID-19 will wipe off US$297bn from the global apparel market in 2020, a 15.2 percent decline...
E-commerce sales in Singapore to accelerate further due to COVID-19

E-commerce sales in Singapore to accelerate further due to COVID-19

Singapore, one of the fastest growing e-commerce markets in South East Asia, has experienced a surge in e-commerce transactions...