#Asian #Marketing #News Of The Day:
In the first half of 2022, total retail sales of #cosmetics in #China fell 2.5% to 28 billion euros (190.5 billion RMB), the first decline in nearly ten years. However, after three months of negative growth since March, beauty sales rebounded dramatically in June.
According to a report released by the #Chinese secondary luxury #marketplace Youshe Yipai the transaction volume of used luxury goods increased by 14% yearly.
The #Taiwan #Financial Supervisory Commission officially issued a letter asking financial institutions to prohibit people from buying #cryptocurrencies with credit cards.
According to a survey by The youth marketing research institute "SHIBUYA109 lab." 80% of Japanese #GenZ are active in "otaku activities". (#Otaku is a #Japanese word that describes people with consuming interests, particularly in anime, manga, video games, or computers).
