With convenience hot on the list of priorities dominating consumer decision making, we spoke to Matthew Crabbe, Director of Research, Asia-Pacific at Mintel on how we can expect this to impact the beauty and personal care industry.
Global market intelligence company, Mintel, reveals how China’s online retail market space is expected to grow to 1.3 tn Chinese yuan (€133.7 bn) by 2021 at a compound annual growth rate (CAGR) of 15%.
As leading global retail giants conglomerates Amazon and Shiseido announce they are embracing the pop-up retail trend, we explore the benefits they can provide and what it will mean for brick-and-mortar shopping and e-commerce buys.
French luxury cosmetic and perfume house Lancôme is launching its online customer experience powered by the Edgecase Product Intelligence Platform as it looks to align the shopping experience with the consumers’ needs.
With a population of 600 million, Southeast Asia is brimming with opportunity in the area of e-commerce where beauty players are set to really benefit if they are willing to establish themselves online, outside of the giant e-retail platforms.
It's full steam ahead for China e-tailer JD.com which has invested in a Hong Kong base to engage more with brands and retailers across Asia, and to make it easier, and quicker for international merchants to ship directly to consumers in China.
According to a report published by China's largest e-tailer Taobao.com; 2015 witnessed explosive growth in online shopping overseas, with new buyers accounting for 28 per cent, and with a preference for local specialties in other countries and regions.
The fourth quarter is reported to be the strongest for China’s online retailers, thanks to shopping holidays like Singles' Day. However, Jumei seen a decrease in total orders in 2014 by 5.9% to 9.6 million.