Retail Asia - Issue No. 08

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A wave of "kidults" rediscovering their favourite toys from the '80s and '90s drove Southeast Asia's toy market to $56.6b in 2024. On page 12, Toys “R” Us CEO Leo Tsoi explains how the brand redesigns its stores and product offerings to bank on this nostalgia. Meanwhile, blind boxes are fuelling a collectible toy craze, and our story on page 7 reveals how brands like Funko and Pop Mart are cashing in on the trend.

Hong Kong, China told to ban 'zero-dollar' tours

Hong Kong should outlaw so-called zero-dollar toursnotorious for price-gouging, forced shopping, and boring tours - if it wants to regain its iconic status as Asia's shopping paradise, analysts said.

2 mins

LUXE ON A PLATE: HIGH-END BRANDS FACE DILUTION STORES

Luxury brands that enter the food and beverage (F&B) market to create steady, long-term income sources that complement their traditional retail operations risk diluting their brand identity without a clear strategy especially in the social media era, where every customer experience is shared globally, analysts warn.

1 min

Blind boxes spur collectible toy growth in Asia-Pacific market

Collectible toy companies like Funko and Pop Mart are driving market growth through blind boxes - a trend characterised by buyers not knowing which specific product designs they will get upon purchase.

1 min

Starbucks Korea brews an AR-powered coffee escape in Seoul

Its first reserve-only branch features AR art installations and a Mixology Bar.

1 min

TikTok 'shoppertainment' drives mega-sale hit

Videos on the platform are used not just to entertain but also to drive e-commerce.

4 mins

Xiaohongshu, Taobao can boost brand reach in China

Retail brands should use digital platforms like Xiaohongshu, Tmall Global, and JD Worldwide if they want to reach more Chinese consumers beyond tourists, analysts said.

1 min

CEO INTERVIEW: Toys 'R' Us Asia banks on 'kidults' to drive toy sales

Teens and adults are buying beloved toy brands from the 80s and 90s.

3 mins

Meta is investing big in business messaging

Companies can boost sales by reaching more customers on Messenger and Instagram.

2 mins

Decathlon adds 37 stores to grow pickup reach

The world's largest sporting goods retailer plans hubs to be 15 minutes from city homes.

2 mins

Swarovski polishes its TikTok playbook to define luxury for the Gen Z market

The Austrian crystal maker is working with influencers to connect with the younger Singaporean market.

2 mins

Raffles City bets big on experiential retail

The mall has revamped 111,000 sq ft of retail space as part of a major redesign.

2 mins

CEO INTERVIEW: Kawan Lama merges web carts with real shelves

Visitors to its e-commerce platform who end up buying items increased eightfold.

2 mins

Japan's beauty industry fights online fakes with blockchain tech

Smart packaging helps ensure that consumers are buying the real thing.

2 mins

Chinese fine dining finds its next course in Singapore

The city-state’s high spending power and big Chinese commune make it an ideal entry point in the Southeast Asian market.

3 mins

Brick-and-mortar stores attract shoppers seeking a real-world touch

Still, these brands should boost their online presence amidst the digital revolution.

2 mins

Riding the health & wellness trend in food with Betagro

Betagro offers examples of what they have achieved in Singapore and Thailand.

3 mins

Suntory Taiwan Limited takes home win at the FMCG Asia Awards 2024

The ageing of its Kakubin brand brought the need for repositioning and premiumisation.

1 min

FairPrice Group Supply Chain: Ensuring food resilience and sustainability with SCope

SCope helps maintain a consistent flow of essentials, whilst reducing carbon emissions.

1 min

Beyond hygiene: Thai consumers seek innovation in intimate care products

Thailand's intimate hygiene product market has experienced significant growth, ranking amongst the top five in product launches in the APAC region over the past five years, according to data from the Mintel Global New Products Database.

2 mins

ANN GABRIELLE DOMINGO

Why micro-retail is the way to go to reach Southeast Asian shoppers

3 mins

Les alle historiene fra Retail Asia

Retail Asia Magazine Description:

Retail Asia Magazine is a Half-yearly publication that covers the latest news, trends, and developments in the retail industry in Asia. The magazine is published by Retail Asia and is available in print and digital formats.

The magazine is aimed at retail executives and professionals who want to stay up-to-date on the latest happenings in the Asian retail industry. Retail Asia Magazine provides readers with in-depth coverage of new retail concepts, store designs, marketing campaigns, and technology innovations.

Each issue of Retail Asia Magazine features a mix of editorial content, including:

* News and analysis: The magazine provides comprehensive coverage of the latest news and trends in the Asian retail industry, including new store openings, store closures, and financial results.
* Interviews: Retail Asia Magazine features interviews with retail executives, entrepreneurs, and industry experts.
* Special reports: The magazine regularly publishes special reports on specific topics related to the Asian retail industry, such as e-commerce, luxury retail, and sustainable retail.
* Case studies: Retail Asia Magazine features case studies of successful retail businesses, highlighting their innovative strategies and best practices.
* Columns and features: The magazine features columns and features on a variety of topics related to the retail industry, including marketing, merchandising, and operations.

Retail Asia Magazine is a must-read for retail executives and professionals who want to stay up-to-date on the latest happenings in the Asian retail industry. The magazine is known for its high-quality journalism, its in-depth analysis, and its expert insights.