HONG KONG,CHINA – Media OutReach – 12 October 2017 – The seventh edition of Retail Congress Asia Pacificconcluded yesterday at Kerry Hotel in Hong Kong. The two-day congress welcomedmore than 300 attendees from around the world. According to the 65 high-profileindustry experts and retail leaders who spoke at the Congress, China now leadsthe world in launching new retail ideas; consumers from across the region arebecoming increasingly mobile-driven for researching, engaging and reviewingcontent and product information. In one ofthe opening sessions, Guru Gowrappan,Alibaba Group’s Global Managing Director revealed that Chinese consumers view3.4 billion minutes of video content per day. Matt Shay, President and CEO, National Retail Federation in afireside chat with Ian McGarrigle,Chairman of World Retail Congress said that American retailers continue to lookfor international growth opportunities, particularly in Asia Pacific. Duringtheir discussion, it was announced that National Retail Federation and WorldRetail Congress are forming a global partnership to collaborate and further bothglobal connections and knowledge sharing. Day one’s penultimatespeaker, Xia Ding, President — JDFashion, JD.com stressed the importance of data to their business, “We’re anonline retailer, we rely 100% on data”. The event came to a close with theannouncement of the Retail Congress Asia Pacific Woman of the Year Award. Celebratingan inspirational woman in the region who is a pioneer in the retail industry,shown outstanding achievements as a leader and champions the successes of herpeers, the winner was Win Win Tint,Founder and CEO of City Mart. The morningplenary sessions on the final day of Retail Congress Asia Pacific looked atAsia Pacific’s economy, millennials and marketplaces. Leading Hong Kong-basedfashion influencer, Veronica Li,Fashion Stylist, Image Consultant and Creator from vnikali.com said that youhave to remain a fan of the brands you work with — you have to be authentic orconsumers will see through it. Authenticity and purpose was a theme furtherpicked up by John Elliott, ManagingDirector, Australia and New Zealand, TOMS who revealed that to date, TOMS hadgiven away a remarkable 75 million pairs of shoes. Alexander van Kemenade, Head ofConsulting — Asia of The Economist Intelligence Unit revealed that Japanremains Asia’s largest consumer economy with India set to overtake China’sgrowth rate. Marketplacescontinue to be a dominant channel in South-East Asia. Nati Harpaz, CEO Catch Group said, “It’s about being theeverything store”. The need for speed online was highlighted by Annemiek Ballesty, Fossil Group’s VicePresident for Greater China who stated “If you don’t respond to a customerwithin 10 seconds on Tmall, they will look elsewhere and you’ve lost the sale.” “This year’sRetail Congress Asia Pacific really captured the incredible energy and dynamismof retail across the region. Our speakers shared their insights and experiencesinto how they are reshaping and focussing their businesses to serve the needsof today’s consumerswho are more mobile-enabled and digitally-aware than ever before. Retail inAsia clearly has many exciting opportunities ahead and will look very differentover the next few years.” said IanMcGarrigle, Chairman of Retail Congress Asia Pacific and World RetailCongress. Retail CongressAsia Pacific Website:https://www.retailcongressasia.com/ Photo Highlights Highlight photos of RetailCongress Asia Pacific are available at:https://www.retailcongressasia.com/photos-2017-congress About Retail CongressAsia PacificRetailCongress Asia Pacific is the premier information and networking event forretail leaders in the region. Returning to Hong Kong for the first time sinceits launch in 2011, the Congress has since been to Beijing, Singapore and KualaLumpur. Retail Congress Asia Pacific engages senior attendees who play anactive role in depicting a fresh direction for the retail market. CEOs anddirectors, innovation drivers and new industry disruptors are encouraged tomarket their knowledge and expertise.