E-commerce company Zalora is anticipating record-breaking business this Singles Day amid economic reopening and increased tech adoption across the region.
Singles Day, which takes place on Nov. 11, is an online shopping event similar to Black Friday and Cyber Monday. It originated in China and is especially popular across Asia.
The fashion retailer said it expects pandemic-winning categories, such as athleisure, beauty and kids, to continue to do well this year. Athleisure refers to a type of clothing that combines athletic gear with leisure wear. "The good news is that we're starting to see finally, a return in demand for women's apparel and occasion wear, and we expect a spike to happen especially for holiday-related gearing up," Soni said.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Fintech funding in Southeast Asia triples to record $3.5 bln this yr - reportFinancial technology (fintech) funding in Southeast Asia jumped more than three times in the first nine months of this year compared with full-year 2020, reaching a record $3.5 billion, a report showed on Wednesday.
Read more »
Everything to Know About Alibaba’s Singles’ Day Sales EventSingles' Day is one of the biggest global shopping events of the year.
Read more »
SEAFIC Launches Seed Lab for Southeast Asia’s Short Film MakersFive filmmakers from Cambodia, the Philippines, Singapore, Thailand, and Vietnam have been selected to participate in the inaugural Seed Lab, operated by the non-profit Southeast Asia Fiction Film …
Read more »
E-commerce giant JD starts accepting China's digital currency on Singles Day for the first timeJD said that as of Nov. 11, more than 100,000 people had used China's digital currency on the company's app during the Singles Day promotion period.
Read more »
Avril Lavigne Goes Back to Her Pop-Punk Roots on 'Bite Me': ListenIn the thick of the pop-punk revival, AvrilLavigne released her newest single 'Bite Me' on Wednesday (Nov. 10) -- her first since signing to Travis Barker's DTA Records.
Read more »