Asia-Pacific

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Article

Avon’s Efforts: Impacts on Key Markets, Natura&Co and the Direct Selling Channel

Nadejda Krec

Nadejda Krec

14 Nov 24

In August 2024, Avon Products Inc, a subsidiary of Brazil’s Natura&Co, filed for bankruptcy. The filing was largely driven by talc-related lawsuits, which caused significant financial and reputational damage. Once a leader in direct selling, Avon has struggled to adapt to the rapidly changing retail environment. This development not only highlights Avon’s ongoing difficulties in a beauty environment where consumers are hyper-concerned about ingredient safety, but also raises long-term concerns about the future of direct selling and prospects for Natura&Co.

Article

Is the Double Eleven Shopping Frenzy Fading Away?

Han Hu

Han Hu

6 Nov 24

The Double Eleven shopping festival, once a global retail sensation, is experiencing diminished excitement due to discount fatigue, evolving consumer preferences, and increased competition from year-round sales and livestream shopping platforms. While still significant, the festival’s future depends on adapting to shifting market dynamics

Article

Megatrends: Shopper Reinvented in the Asia Pacific Retail Sector

Bob Hoyler

Bob Hoyler

31 Oct 24

Euromonitor International’s Shopper Reinvented megatrend cuts across almost all service industries, from consumer foodservice to travel, with its impact most evident in the retail sector. As a result, as the vast Asia Pacific region emerges as the global retail sector’s new centre of gravity, the forces powering the Shopper Reinvented megatrend are revolutionising the retail space within the region.

Event

Cosmoprof Asia 2024

Yang Hu

Yang Hu

1 Expo Drive, Wan Chai, Hong Kong 13 Nov 24 | HKT: 02:25 PM

Cosmoprof Asia, the leading b2b international beauty trade show in Asia, is where global beauty trendsetters gather to introduce their cutting-edge technologies, product innovations and new solutions.

Article

Fastest-Growing Cities in Asia Pacific Offer Strategic Business Opportunities

Aleksandra  Svidler

Aleksandra Svidler

3 Oct 24

Global urbanisation is set to maintain momentum over the next decade, with cities in emerging Asia driving urban population and economic growth. A rapidly expanding middle class and rising consumer aspirations for improved lifestyles present lucrative opportunities for businesses to capitalise on. To thrive in these dynamic markets, companies must prioritise understanding shifting demands and tailor their products and services to effectively meet the needs of a diverse consumer base.

Event

Pet Fair SEA 2024

Sahiba Puri

Sahiba Puri

Bangkok International Trade & Exhibitions Center (BITEC), 88 Debaratna Rd, Bang Na Tai, Bang Na, Bangkok 10260 30 Oct 24 | ICT: 02:00 PM

Pet Fair South East Asia provides the global pet industry with a fully business-to-business partnership hub for distribution, retail, and sourcing well beyond the ASEAN region.

Article

Growth Opportunities for Chinese Coffee Shops

Jin Liu

Jin Liu

30 Sep 24

Amid fierce competition and a price war in China’s coffee shops, product innovation and differentiation are the key to standing out. China's coffee culture is thriving, transforming coffee into a daily routine for many consumers. Coffee shops have expanded rapidly into lower-tier cities, fuelled by chain expansions, leading to fierce price competition.

Article

Digital Dining: The FinTech Revolution in Global Foodservice Industry

David Zhang

David Zhang

24 Sep 24

Over 2018-2023, the consumer foodservice industry has grappled with the challenge of eroding profit margins and the need to improve the customer journey experience. Nevertheless, fintech presents transformational opportunities. It not only enhances customer journey satisfaction through payment digitalisation, but also accelerates digital transformation of operations.

Video

Consumer Foodservice Growth in Asia Pacific

Emil Fazira

Emil Fazira

23 Sep 24

Join Emil Fazira, Insights Manager at Euromonitor International, specialising in food research and insights across Asia, as she discusses the factors at play behind Asia Pacific’s foodservice industry hitting its highest growth since the pandemic.

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