GoGoX’s Post

**Home Furnishing Going Global** China’s furniture export surged 39.8% YoY in early 2024, underscoring its leading position in global markets. Major destinations include the US, EU, Japan, and the UK, accounting for significant exports. Chinese companies are expanding through strategic acquisitions and establishing new factories despite facing integration challenges. Noteworthy moves include Kuka’s factories in Mexico and Vietnam and QuMei’s acquisition of Norway’s Ekornes. China's home furnishing industry is set for continued global growth with strategic investments, a growing distributor network, and leveraging cross-border e-commerce. The rise of platforms like TikTok is opening new opportunities for brands like Henglin Holdings, showcasing innovative products and gaining traction in international markets. #HomeFurnishing #GlobalExpansion #ChinaExports #FurnitureIndustry #BusinessGrowth #MarketTrends #InternationalTrade #GlobalMarkets #Investment #Manufacturing #CrossBorderEcommerce #TikTokMarketing

**Home Furnishing Going Global** China’s furniture exports shot up 39.8% YoY in early 2024, showing its strength in global markets. Top destinations include the US, EU, Japan, and the UK. Chinese companies are growing through strategic acquisitions and new factories, despite some challenges. Highlights include Kuka’s new factories in Mexico and Vietnam and QuMei’s big move buying Norway’s Ekornes. With smart investments, expanding distributor networks, and the power of cross-border e-commerce, China’s home furnishing industry is booming worldwide. Platforms like TikTok are also opening up fresh opportunities for brands like Henglin Holdings, making waves with innovative products. #HomeFurnishing #GlobalExpansion #ChinaExports #FurnitureIndustry #BusinessGrowth #MarketTrends #InternationalTrade #GlobalMarkets #Investment #Manufacturing #CrossBorderEcommerce #TikTokMarketing

atomi | Retail Consultancy | 15082024 Japan experienced a significant increase in economic activity due to strong local consumer spending and a weakened yen, making it a more appealing destination for tourists. Despite the strong currency in Singapore deterring some tourist groups, there are still positive aspects to anticipate. Single-brand stores continued to be the preferred choice for consumers seeking in-person shopping experiences. To adapt to returning travellers, brands must merge physical and digital experiences to maintain customer connections. Although foot traffic at large physical retail spaces like department and specialty stores has noticeably declined, we have observed a marked increase in tourist activity in our day-to-day operations. Retailers have had to reassess their roles and value propositions to meet consumer demands and stay pertinent in the face of the post-pandemic environment. While online sales have seen a decline, our company's websites have seen consistent growth. Online retailers focusing solely on e-commerce have resorted to increased markdowns to attract buyers and generate higher traffic. On the other hand, omnichannel brands must maintain a proactive approach to weather the stormy conditions brought on by these challenging times. www.atomi.shop #andrewtanatomisingapore #theatomiway #atomi

Watch this 👇 to see more #intelligent, #ethical approaches to deploying #data to customers, that save on months of reprogramming, data #carbon #footprint, and challenge unnecessary cookies and GDPR popups. Total respect to Tane Piper, Katariina Kari, Aparna Ashok, Alexander Galt and Adam Keresztes of IKEA Inter-Global Systems for a major #breakthrough using #knowledge #graphs 🚀 Follow KGA - the Knowledge Graph Alliance for more breakthroughs

Cellini’s introduction to the South Korean market reflects the Singapore furniture label’s meticulously planned venture to establish a significant regional presence. “Our decision to enter the Korean market wasn’t made lightly. Extensive pre-pandemic research revealed a market brimming with potential,” Janice Tan, executive director of CELLINI, told Inside Retail Asia. According to the British Chamber of Commerce in Korea (BCCK), the country’s furnishing market value has doubled over the past five years and was projected to hit £12 billion by 2023. The market has seen major international brands, including Flying Tiger Copenhagen, Niko, H&M Home, and Zara Home bolstering their presence. Full article: https://lnkd.in/gXpBPzjY — Inside Retail Asia: https://insideretail.asia/ Inside Retail US: https://insideretail.us/ Inside Retail Australia: https://lnkd.in/ghHYwQxs Inside Retail New Zealand: https://lnkd.in/gqNrQSHN

Project Name: 𝐔𝐍𝐈𝐐𝐋𝐎 𝐊𝐚𝐰𝐚𝐠𝐨𝐞 𝐒𝐭𝐨𝐫𝐞 City: #Kawagoe Rating System: #LEED O+M: Existing Interiors Level: Gold Certification Date: November 2023 Project Admin: Woonerf Inc   The 𝐔𝐍𝐈𝐐𝐋𝐎 𝐊𝐚𝐰𝐚𝐠𝐨𝐞 𝐒𝐭𝐨𝐫𝐞, situated in Saitama Prefecture in Central Kanto, #Japan, stands as a prime example of Uniqlo's roadside locations, representing approximately half of the 800 UNIQLO locations in the country. These roadside stores follow standardized specifications, prioritizing high-quality materials, effective heat insulation, and simple designs to create enduring, energy-efficient retail spaces. In a noteworthy achievement, the 𝐔𝐍𝐈𝐐𝐋𝐎 𝐊𝐚𝐰𝐚𝐠𝐨𝐞 𝐒𝐭𝐨𝐫𝐞 secured LEED O+M Gold certification in November 2023, marking a significant milestone as the first retail outlet in Japan to attain this distinction.   Covering a certified area of 962 square meters, the 𝐔𝐍𝐈𝐐𝐋𝐎 𝐊𝐚𝐰𝐚𝐠𝐨𝐞 𝐒𝐭𝐨𝐫𝐞 earned accolades for its energy-saving initiatives, including a high-efficiency air-conditioning system, LED lighting adoption, and streamlined operations. The store also excelled in resource conservation through waste separation, installation of water-saving toilets, and maintaining air quality with appropriate air conditioning and circulation strategies.   UNIQLO prioritizes environmental considerations as a cornerstone of its sustainability efforts, actively working to reduce environmental impacts through thoughtful store designs and operations. According to Fast Retailing (UNIQLO's parent company)’s website, the brand plans to pursue LEED O+M certifications for other main roadside stores in Japan that adhere to the 𝐊𝐚𝐰𝐚𝐠𝐨𝐞 𝐒𝐭𝐨𝐫𝐞 standards. The insights gained from these initiatives will inform further measures to decrease the environmental footprint across its stores. Notably, UNIQLO has already achieved LEED O+M: Existing Interiors certifications for seven stores in Japan, pioneering sustainable practices in the industry.   #LEEDinNorthAsia #LEEDprojectdisplay #USGBC #greenbuildings #sustainabledevelopment

Real Estate Asia: Savills Singapore's Q4 Retail Briefing forecasts that more than 3.4 million sq ft of retail space is expected to come online in the next four years (2024 to 2027). This averages to 872,000 sq ft of new retail space per year, which is double the annual average supply of 478,000 sq ft of the last five years (2019 to 2023).   Another large insertion of supply is expected to complete in 2027 and 2028, with a bulk of 2.6 million sq ft of new retail space coming onto the market.   Get the insights here: http://sav.li/8p8   #retail #savillsresearch #supply #Savillssg Sulian Tan-Wijaya Alan Cheong (GradStat) Wen Fang Tai Jolene Teo

IKEA has set a new standard in global supply chain management! A new case study from Packhelp delves into how the furniture giant optimized logistics and enhanced sustainability. This is a must-read for anyone in the logistics and supply chain management space. Check out the valuable insights into IKEA's supply chain revolution. 🍄 #SupplyChain #Logistics #Sustainability #IKEA #CaseStudy

The Dream Team   Today is #WorldProductivityDay, so nip procrastination in the bud and focus on how you can maximize your productivity, decrease wasted time, and make more time in your life for doing things you love. ‘World Productivity Day’, focuses on improving how we work and live. It’s about finding ways to do tasks better and achieve more in less time… It isn’t just about working harder but smarter, so today let’s take the time to look at how we manage tasks and perhaps we can find ways to enhance our efficiency and boost productivity. By doing this and adopting smarter work strategies, we can all improve our performance and overall well-being.   I am sure we all have success stories that can motivate others to aim higher in their day to day activities. By recognising the importance of productivity, we pave the way for greater achievements and a more balanced life, which is something we all crave, I know I do!   This celebration encourages us all to think creatively and push boundaries in our pursuit of excellence and talking about Excellence…   I am thrilled to announce our continued partnership with Sands China for the eleventh edition of RLI Connect Global 21-22 October, retaining their Headline Partnership for yet another year as we debut in the ‘Magic City’, Miami, Florida, a ‘Global Business and Investment Destination’ as well as a global beacon for retail, leisure and entertainment brands and concepts.   ABOUT SANDS RETAIL Sands Retail is a leading player in the Asia-Pacific with over 2.8 million square feet of leased retail space in Macao and Singapore.   Sands Shoppes Macao, located at Sands China Ltd. (SCL)’s integrated resorts on Cotai Strip, is the largest network of interconnected malls in Macao, with approximately 850 retail stores all under one roof. It consists of Shoppes at Venetian, Shoppes at Four Seasons, Shoppes at Parisian and Shoppes at Londoner, putting it at the heart of one of Asia’s great retail experiences. Sands Shoppes Macao serves as an integral part in SCL as one of the market leaders in Mainland China. As part of Sands Shoppes Macao, Shoppes at Four Seasons at The Plaza Macao is an ultimate luxury shopping destination with more than 150 luxury and designer brands. Recent continuous upgrades with multi-new store openings at Shoppes at Four Seasons further strengthens Sands Retail’s position as Macao’s leading operator of luxury shopping malls. For more information, visit: www.sandsretail.com.   The extended deadline of 28 June for this year’s Global RLI Awards has flown by and we are approaching the final week of accepting your applications. Complete your "award-winning" entries before it is too late and we look forward to celebrating with you in Miami on the 23 October.   Until next week… Make the most of the longest day of the year today!

Modern catering. This is a typical situation that you don't expect, maybe not even in Paris. But when you encounter it, it intrigues you, fascinates you. You decide to enter and purchase, at least to experience and understand. The retro-futuristic creative vision of its founder Rudy Guénaire guides the entire concept, from the spaceship-themed setting of the Chinese catering SuperChina, to architecture, design, and all the way to naming and branding. The location itself plays with the concept of time and space. Blending between past and future, tradition and modernity, the initiative emphasizes the contrast between the timeless traditional China and the modern, vibrant, and technological Chengdu. 🙌 What’s your take? # 331 RETAIL, France 👉 More content on our website and subscribe to the weekly newsletter; the link to the featured news is in the first comment below. 🎯 If you want to learn more about our transformative approach to generating growth (yes, what we call innovation marketing!), feel free to write us privately. More about this topics follow #MaurizioRibotti #innovationmarketing #cultureofmodernbusiness #luxury #premium #lifestyle #DRUMROLL --- All rights and credits are reserved to the respective owner(s). Contact us to add you as a reference or content removal.