On Friday, July 5, 2024, members of the Italian Chamber of Commerce in Singapore's Luxury Retail and Design Committees attended a talk on "Asia's Retail Landscape: Trends, Performance and Forecasts" hosted by ICCS, the French Chamber of Commerce in Singapore (FCCS) and Savills.
The guest speakers were Simon Smith, Regional Head of Research, Asia Pacific at Savills and Nick Bradstreet, Head of Retail, Asia Pacific at Savills, who discussed the retail downturn in the region and how regional tourist levels are almost back to pre-pandemic levels, especially in China.
In addition, they discussed how Asia-Pacific continues to offer a potent cocktail of youthful demographics, rising numbers of middle-class consumers, rapid urbanization and a growth story like no other.
#Asia #Singapore #LuxuryRetail #ICCS #Business