The Star Malaysia - StarBiz

Tapping retail trends and opportunit­ies

- By ZIEMAN starsmebiz@thestar.com.my

LOCAL retailers should take advantage of the 18th Asia-Pacific Retailers Convention and Exhibition (APRCE 2017), which will take place next month at the Kuala Lumpur Convention Centre.

The regional event will be held in Malaysia for the first time on October 25-27, 2017.

“Malaysia is the perfect focal point for internatio­nal networking. It is also an ideal location to mix business with leisure. The event will bring together delegates, speakers, exhibitors and sponsors who can learn, discover and do their networking.

“APRCE is a great platform to learn and share retail experience­s and knowledge from renown speakers and retailers. It will also highlight innovative solutions to help retailers differenti­ate themselves from their competitor­s,” says Malaysia Retailers Associatio­n (MRA) deputy president James Loke, who is also chief executive officer of Tangs.

Key global retailers are expected to attend the event, which will spearhead a re-think on retail and how to drive change through innovation and transforma­tion to stay ahead of the pack. It will also explore opportunit­ies to capture the next decade of discerning digitised customers.

As the Asian retail industry undergoes transforma­tion, the three-day event will discuss trends that will help retailers tap into the opportunit­ies that are created amid the changing landscape such as the changing consumer tastes, the rise of India and China, the modernisat­ion of grocery retailing, the transforma­tion of fashion retailing and the rise of digital commerce.

“We are expecting about 2,000 to 3,000 delegates, consisting of retail partners, industry stakeholde­rs, business leaders, experts in omni-channel, e-commerce, shopping malls and F&B franchises, as well as others related to the retail industry.

“Those who have confirmed their attendance include delegates from Japan Retailers Associatio­n, Chinese General Chamber of Commerce, Korea Retailers Associatio­n, and from other FAPRA-recognised national retail trade organisati­ons in Malaysia, Singapore, Thailand, Vietnam, Myanmar, Australia, New Zealand, Taiwan, Hong Kong, India, Mongolia, Turkey and Fiji,” adds MRA council member Raymond Teo, who is also the group chief executive officer of Sogo.

The event is organised by FAPRA and hosted by MRA. The theme for this year’s event is “Transforma­tion, Creativity and Beyond”.

“The forum will feature worldclass speakers, retail leaders and solution providers from China, Japan, Korea, the Philippine­s, the US, the UK and Malaysia, who will share their business success stories, new retail trends and ways to retail excellence, e-commerce trends and challenges in retailing, among others,” says Teo.

Among the speakers to be featured include BIG Group founder and group chief officer Benjamin Yong, AEON Co Ltd president and chief executive officer Motoya Okada, Celcom Planet Sdn Bhd chief executive officer Hoseok Kim, Euromonito­r Internatio­nal head of retailing Michelle Grant, Twenty Second and Fifth Ltd retail futurist Howard Saunders, and IPay88 Sdn Bhd co-founder and executive director Chan Kok Long.

Some of the topics that will be covered are “Key growth trends for Asia retailing” by Grant, “The future at Parkson: Focusing on the needs of our customers” by Parkson Retail Asia Group chief executive officer Michael Remsen, “The making of SOGO Malaysia – our journey into the Future” by SOGO Malaysia group managing director Datuk Alfred Cheng and “Taking the shopping experience to a whole new dimension in dining & retailing” by Yong, who recently opened a restaurant in the UK offering a “farm to plate” dining experience.

 ??  ?? Driving retail: Loke (left) and Teo say the event will be a good opportunit­y for networking and learning.
Driving retail: Loke (left) and Teo say the event will be a good opportunit­y for networking and learning.

Newspapers in English

Newspapers from Malaysia