Christmas is almost around the corner and this has raised excellent Consumer trends in Asia. More and more shoppers in Asia are spending their ringgit, won, yen and yuan on international purchases through internet based retailers. This is mostly done to buy presents abroad rather than coughing out expensive taxes or surcharges in their own home-markets. This is indeed a troublesome affair for the retailers across Asia, who sits in their brick-and-mortar establishments and run their business. The growth in online sales has been slow, but it has started to give tough competition to the conventional shops by not letting the margins go to them. This is happening when Christmas shopping gains much importance in Asian markets.
Christmas is another excuse to indulge in … Read more