From Beijing to Bangkok, the combination of a growing middle class -- and a young population that is increasingly aspirational in its consumer choices -- has resulted in the Asia Pacific region driving the global retail industry forward.
This is a trend that is only accelerating, and Asia has been generating approximately three-quarters of global growth in the industry, according to a recent report by Bain & Company, The Future of Retail in Asia-Pacific: How to Thrive at High Speed.
In an era defined by e-commerce, online sales figures often dominate the headlines. This is particularly true for the Asia-Pacific region, where mobile adoption levels are among the highest in the world. The region accounts for nearly 60% of the world's online retail sales.
