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The recent entry of Chinese budget retailer Shein into the flagship BHV in Paris has stirred up a political storm, adding to the ongoing struggles of department stores worldwide. These traditional retail outlets are grappling with the seismic shift of…
With the rapid evolution of retail landscapes in Asia, understanding current trends is more critical than ever for industry players. The momentum generated by shifting shopping behaviors continues to challenge traditional models, sparking innovation across…
These are dark times for brick and mortar fashion retailers. As e-commerce grows and consumer behavior changes, the US has seen over 7,000 store closings in 2017. Investment bank Credit Suisse even predicts 25% of American shopping malls to close by 2022. The…
Guests who visited Chanel’s Mademoiselle Privé at PMQ in Hong Kong got more than they bargained for. The luxury maison took its exhibition to the next level, blending augmented reality (AR) with physical experience. With the help of a virtual tour app on the…
Shopping in-store is still the dominant means of buying apparel in Asia-Pacific, according to the latest study from research company YouGov. A poll of 9037 people across the region in December reveals that more than 79 per cent have shopped in a physical…
Global retailers are undeterred from expanding their bricks and mortar stores this year despite growing online sales, says a new report. In the seventh edition of How Active Are Retailers Globally?, real estate service company CBRE also says China remains the…
Electrical goods, information technology and furniture retailer Courts Asia believes that while e-commerce has been gaining popularity, retailers should not neglect their brick-and-mortar operations. The Singapore-based company also sees technology and…
