Bella Hadid And Hailey Bieber Bundle Up In The Same Fleece Top By... Get Your 'Game On' With Louis Vuitton Cruise 2021, 11.11 Shopping Deals You Don't Want To Miss. GS: I think it has changed phenomenally. By 2019, major e-commerce companies across the region has launched new features and promotions to introduce mobile shopping. SB: If I had to narrow it down I would say a dark wash denim, the perfect white tee, and a sharp blazer because that’s the base of your essentials and at the same time, the best 24 hour look I can imagine. Southeast Asia’s consumer ecommerce market was already worth US$23.7 billion in 2018, and is growing at a rate of more than 25 percent per year.. One of the most consistent ecommerce success stories across Southeast Asia is Lazada, a Singapore-based … Shopee started Shopee Feed, a social feature on its app at the beginning of 2020. Key findings on the most visited e-commerce platforms on desktop and mobile web Shopee takes the reign as the most visited e-commerce platform in Southeast Asia (six countries – Indonesia, Malaysia, Philippines, Thailand, Vietnam, & Singapore) in Q1 2019 with a total average of 184.8 million visitors. BAZAAR Beauty Awards 2020: Best Lifting / Firming / Contouring Serum. It generates roughly $1.5 billion in annual sales which makes it the biggest ecommerce website in Southeast Asia. With e-commerce you can shop while you’re travelling or even on the MRT on your way to work. Client and Partners. Kasikornbank Public Company Limited ; Lazada saw a -12% decline … These eCommerce sites and other e-marketplaces present the best opportunity for your business to make its first foray into Southeast Asia. Launched in late 2011 by the German startup incubator Rocket Internet, Zalora is based in Singapore and regroups more than 2000 staff across Southeast Asia and beyond. Zalora Group, a pioneering company in Southeast Asia’s online fashion retail, has been moving fast to grab a big portion of the fashion e-commerce market in ASEAN. Have Yourself A Sparkling Christmas With Pandora’s Timele... BAZAAR Academy Masterclass: How To Start Making Your Firs... BAZAAR Academy Masterclass: How to Create Compelling Cont... BAZAAR Academy Masterclass: How To Create A Brand Beyond ... BAZAAR Academy Masterclass Series: How To Pitch And Prese... 7 Brilliant Shades To Try For Holiday Hair. What are your predictions for the industry moving forward? How Fashion And Beauty Companies Are Giving Back During The Pande... New York Fashion Week Spring 2021's Best Looks. Gunjan Soni and Stefanie Block. In terms of colours we are seeing a lot of nudes, earth tones, and trusty animal print. Among the major events that led to the stunning growth rate are Lazada's record-breaking $250 million sales from its Online Revolution Campaign; Amazon's entry into Southeast Asia … One of the biggest barriers to online fashion has always been that missing touch and feel, getting to try a product on and see how it looks on you. It caters to the girl that is engaged in social media and wants to follow the latest fashion trends. In this article, we’ll be exploring four ways Singaporean women shop for women’s fashion online, and how you can leverage on their shopping habits to gain a foothold in one of Southeast Asia’s biggest eCommerce markets. Statista reports that consumers across Southeast Asia spent more than US$53 billion in 2018 on online purchases of consumer goods, travel products and services, and digital media (e.g. The bulk of e-commerce transactions surpassed $10 billion, up from $5.5 billion in 2015, based on iPrice Group's 2017 State of eCommerce report. and more… About company. 4 Ways Consumers Shop Online in the eCommerce Women’s Fashion Market in Singapore. As Asia’s leading online fashion destination, Zalora currently offers over 500 international and local labels and offers everything from womenswear and menswear to footwear and accessories to match. Southeast Asia’s homegrown ecommerce success stories. FASHION . What does a typical day at the Zalora office look like for you? GS: To be honest, I think it’s more of a typical week. It offers products in various categories ranging from consumer electronics to household goods and fashion. How would you say e-commerce has changed the fashion landscape, particularly over the last few years? This was clearly exhibited in its performance for both the 11.11 and 12.12 Lazada campaigns where Herschel was #1 in Bags and Travel in the Philippines and #3 in Fashion across Southeast Asia. BAZAAR sat down with Zalora’s CEO, Gunjan Soni, and Private Label Director, Stefanie Block, to find out more about the booming business of e-commerce and what three items every woman should have in her wardrobe. But in the last decade, Southeast Asia has seen a digitalization of its economies, and with it, the arrival and acceleration of e-commerce activities in the region that reshaped the retail landscape. What three items should every woman have in her wardrobe? Southeast Asia’s ecommerce trends. Zalora Thailand and Vietnam were picked up by Thai retail conglomerate Central Group for pennies on the dollar while the Philippines entity was partially sold off to the Ayala real estate group. Following in the footsteps of China and the U.S., Southeast Asia is on the cusp of an e-commerce golden age. Fashion e-Commerce total consulting Social Commerce Fulfillment service / e-Commerce Fulfillment service. ... Southeast Asia Female Founded Companies . The advancing of e-commerce onto mobile applications has been on-going in Southeast Asia for some time. Zalia offers modest fashion with a modern twist while Lubna caters to the younger customer, the girl who wants to be trendy yet modest. HARDLINE . GS: I think one of the biggest changes will be the increased use of virtual reality and augmented reality to shape the user buying experience, especially when it comes to e-commerce and fashion. Koseki thinks Southeast Asian e-commerce sites need touch points with consumers to thrive. What are the key trends for spring/summer 2019? Started Fashion and Cosmetic Social commerce business in Bangkok Thailand. Then we have two modest wear labels: Zalia and Lubna. Do you have any advice for those who are still cautious about online shopping? Women in Southeast Asia contribute to 80% of all household buys, outshopping men by 20%, and spending 40% more time looking at online retailers, says a report In fact, 44% of the respondents for Econsultancy, Magento and Hootsuite’s 2019 report (“The State of Social Commerce in Southeast Asia”) admit to making “three or more online purchases in the past month” because of social media posts or ads. If you look at the brands and the fashion ecosystem, I think whether you like it or not e-commerce has ended up shaping that as well. To help combat this we are looking at virtual fitting rooms that are far more real than we have ever seen before and using augmented reality to predict how a garment will fit you. All Rights Reserved. Southeast Asia’s e-commerce market is set to exceed US$102 billion by 2025, according to a study by Google and Singapore’s Temasek. Social Commerce Fulfillment service / e-Commerce Fulfillment service. Photo: Courtesy. Information. If you’re interested in tech and startups in Asia, be sure to check out AsiaTechList – my hand-researched list of 4,000+ fast-growing tech companies in Asia.. With its highly populated countries, dense cities and rapidly growing economies, Asia — and, in particular – Southeast Asia – is rapidly growing into one of the world’s most important regions for ecommerce … Another women’s apparel range is Something Borrowed, which is a much younger and trendier range. Prakanong, Klongtoey, Bangkok 10110. The advancing of e-commerce onto mobile applications has been on-going in Southeast Asia for some time. Fashion e-Commerce Asia Co.,Ltd. If you think about it from a consumer point of view, the kind of choice that is available now is something we have never had before, particularly for those living in more remote areas where setting up real estate has been difficult. And digital content can easily drive impulse purchases. Every Monday we start the week with something called a “top of mind” meeting where we discuss everything that’s top of mind for that week and to make sure we are all on the same page. company profile and business contents introduction. As Asia’s leading online fashion destination, Zalora currently offers over 500 international and local labels and offers everything from womenswear and menswear to footwear and accessories to match. 994 Number of Organizations • $16.8B Total Funding Amount • 1,329 Number of Investors. Digital Marketing. (mainly Instagram & Facebook), No.8, T-one Building 19th floor, GS: The simplest advice I have would be “go try it” because you really are missing out. SB: Zalora has four different private labels which we divide into women’s apparel and modest wear. Google and Temasek’s 2018 study found that Southeast Asia has 350 million mobile internet users, with 90% using their mobile phones to go online. Influencer Casting. We chat to Zalora’s CEO, Gunjan Soni, and Private Label Director, Stefanie Block, to find out more about the booming business of e-commerce. Ms. Rinyaphat Phattaratheeda, Mizuho Bank, Ltd., Bangkok Branch By 2019, major e-commerce companies across the region has launched new features and promotions to introduce mobile shopping. Lazada gets over 50 million visitors a month and offers a custom fulfillment service. E-commerce in Southeast Asia As of 2018, the leading product categories for online shopping categories of Southeast Asia were fashion, electronics and beauty. This growth is driven by mobile purchases. Gucci Reveals Latest Collection Through 'Ouverture Of Something That Never En... BAZAAR Beauty Awards 2020: Best Soothing Moisturiser. Media Center. A guide to all the e-commerce platforms in Southeast Asia Exponential growth within your fingertips. What Is Molecular Cosmetics And How Will It Help Your Skin? Company History. As more and more consumers are attracted to shopping online for convenience and they build trust in the channel, investors in the e-commerce industry are gaining confidence … No 196900476M. Equipped with the most advanced techniques in e-commerce, Herschel’s flagship store now sees its online following growing by leaps and bounds everyday. China A Prominent Collaborator in Southeast Asia’s E-commerce Sector Chinese investment into SEA’s e-commerce platforms has been instrumental in the success of prominent companies in the region. Michael Kors Is Rereleasing An Iconic Cape Worn By Joan Didion An... Proenza Schouler's Spring '21 Collection Is A Love Letter To NYC, Burberry's New Campaign Supports The Voices Of Tomorrow, The Crown Season 4: Insights With Costume Designer, Amy Roberts. Michele Ferrario, Zalora’s managing director, shares some insight… I always take my dog for a walk after dinner and that gives me a little bit of peace and clarity. Shopee started Shopee Feed, a social feature on its app at the … video on demand, music streaming services, and video games).. And given the region’s openness to Australian fashion, there’s a real opportunity for you to attract online consumers in this part of the world. I think what you’re largely missing out on is choice, and of course, the added benefit of convenience, especially when time is limited. Zalora, Rocket Internet’s once star fashion ecommerce venture, has struggled in Southeast Asia since launching in 2012. The only constant in my life is my nighttime routine. Among the key investors are Alibaba, JD.com, & LightInTheBox which aided the establishment of one of the most actively used e-commerce … Is Virtual Reality The Future Of Southeast Asia’s Fashion E-Commerce Industry? In women’s apparel we have Zalora, our core inhouse label, which is designed for the contemporary shopper and includes smart work wear to the very best casual weekend range. Track . Ecommerce Report. Southeast Asia sees big shift to e-commerce during COVID-19 October 23, 2020 by Thiha Driven by changing consumer trends during COVID-19, the Southeast Asian e-commerce industry has grown substantially in the first six months of the year, according to a recent report by price comparison and product … Southeast Asia sees big shift to e-commerce during COVID-19 Driven by changing consumer trends during COVID-19, the Southeast Asian e-commerce industry has grown substantially in the first six months of the year, according to a recent report by price comparison and product aggregating website iPrice Group . Fashion e-marketplace Zilingo scored US$226 million in funding as it builds a network of fashion supply chain that anyone ... Ecommerce in Southeast Asia has remained largely unregulated. Â, A Behind-The-Scenes Look At Our BAZAAR NewGen 2019 Mentoring Session, Eight Best Places To Shop For Modest Fashion, Zalora’s New Modest Wear Collections Are Perfect For Hari Raya, The BAZAAR Gift Guide: For The Globetrotter. Could you tell us more about each label and how they differ from each other? BAZAAR sat down with Zalora’s CEO, Gunjan Soni, and Private Label Director, Stefanie Block, to find out more about the booming business of e … Get the latest fashion news, trends, street-style snaps and more from HarpersBAZAAR.com.sg straight to your inbox! Mr. Jun Horata (Japan/Thailand/Indonesia) SB: For Zalora it’s all about utility, tailored suiting, and athleisure of course. Room No.1, Soi Sukhumvit 40, Sukhumvit Road, Lazada is one of Southeast Asia’s biggest e-commerce platforms, yet when the company was founded, e-commerce was in its infancy, especially in the developing region of Southeast Asia. Every week we also have a consumer forum where our customer experience team shares their insights and we listen to customer calls, usually the unhappy ones, so we can figure out what improvements we need to make. Liu said,"E-commerce is projected to grow to $300 billion by 2025, but has a penetration rate of less than 5 per cent among the 650 million people living in Southeast Asia." Sumitomo Mitsui Banking Corporation These days it’s almost impossible for a brand to succeed without having an online presence as it allows them to expand their market reach. Launched Maison de FLEUR Thailand official online in Thailand. The Siam Commercial Bank, Fashion e-Commerce total consulting. Copyright © 2018 FASHION E-COMMERCE ASIA Co.,LTD. Careers. Zalora now houses quite a few private labels. This figure was more than … Copyright© SPH Magazines Pte Ltd. Co. Reg. 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