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Reliance Consumer relaunches Campa in bid to rival Coca-Cola, PepsiCo
Reliance Consumer relaunches Campa in bid to rival Coca-Cola, PepsiCo
Coca-Cola and PepsiCo currently dominate the Indian carbonates market.
Philippine-based Max’s Group’s organic income growth climbs nearly 40%
The restaurant chain reported its 2022 organic net income growth stood at P622m (US$11.3m).
Central Retail’s Tops launches over 200 Coles items in Thailand
This is the brand’s first presence in the market.
adidas’ Greater China market posts revenue decline
Its revenue from the market dropped by 36% in 2022.
Prada sees 2% sales decline in APAC in 2022
Retail sales stood at €1.23m (US$1.30b).
JFC posts 26.4% net income growth in 2022
The Philippine-based food chain also recorded a sales growth of 40.2%.
Baby food sales in Taiwan to grow despite birth rate decline
GlobalData projected it to expand between 3-4% annually.
LEGO Group expands manufacturing in Vietnam
It will also open a factory in the US state of Virginia.
Australian retailer Coles eyes Thailand’s health food and drinks market
Coles recently signed an agreement with Central Food Retail.
Colgate taps foodpanda to expand customer reach
The three-year partnership spans 11 APAC markets.
Giordano attributable net profit up 41.1% YoY in 2022
Its revenue rose 12.4% YoY to $481.1m
Seven & i to close 14 Ito-Yokado stores
It aims to focus its core strategy on food.
These are the top social media platforms used by APAC marketers
Around 60% of marketers view social media as more important for their organisations.
Kave Home enters SEA with Singapore flagship store
The store is located in Raffles City.
Over 70% of consumers at risk of falling victim to digital fraud
This includes emails that offer free gifts and exclusive deals.
Most shoppers want to see products in-store before ordering online
61% of consumers in the Asia Pacific agreed to this, higher compared to Europe and the Americas.
Malaysian retailers urge government to withdraw luxury tax proposal
This could deter both foreign and local consumers from shopping in the country
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