Shopping

As Singles’ Day gradually loses its allure for value-driven shoppers, how is this annual shopping event reinventing itself through new strategies? Many brands are enhancing their entertainment appeal to lure reluctant audiences back and combat shoppers’ fatigue.

Young Koreans are coping with burnout, a poor job economy, and loneliness by adopting dogs and – increasingly – cats. They’re also spending lots of money on them, creating a growing pet service industry in South Korea. The trend highlights what they value – independence, relaxation, and alone time.

Luxury spending in China is on a post-pandemic rebound, but shoppers may not be where you think. Instead of travelling overseas, citizens are choosing to fly domestically. What does this mean for the future of luxury shopping in the country, and what can brands learn from this post-pandemic shift?