News
Domino’s Pizza CEO Don Meij to retire after 40 years with the company
Domino’s Pizza CEO Don Meij to retire after 40 years with the company
Mark van Dyck has been appointed to succeed him, effective 6 November.
Baby boomers drive growth in healthy ageing skincare market
Interest is also growing in products that support both skin and mental health.
5 in 10 Australians already buying Christmas gifts
Holiday spending on presents is forecast to hit $11.8b this year.
Asia Pacific’s retail sales to grow 24% by 2028
The Shopper Reinvented megatrend will increase at a CAGR of 11%.
Coca-Cola Q3 2024 ads focus on cultural moments to boost consumer engagement
It included campaigns that tied into global cultural moments, such as K-pop, Chinese New Year, and Nepal’s Dashain festival.
CDFG and IPPG partner to boost tourism and retail sectors
It is also set to strengthen economic and trade ties between China and Vietnam.
Jollibee Group takes full ownership of Tim Ho Wan
JWPL, which already held a 92% stake in Tim Ho Wan, will pay $14.8m to acquire the final 8% interest.
Nestlé expands Nescafé Fusion System to meet demand for customisable coffee
It was Initially launched in 15 markets across Asia, Europe, and Latin America.
Retail vacancy in Singapore hits lowest point since 2014 at 6.5%
Orchard Road’s vacancy rate was 7% in Q3.
APAC consumers shift to eco-friendly laundry detergents
80% of APAC consumers value sustainable features.
Mothercare and Reliance Brands form joint venture for South Asian markets
It will manage the Mothercare brand in India, Nepal, Sri Lanka, Bhutan, and Bangladesh.
Singapore retail sales up 2% YoY in September
It was largely driven by a surge in motor vehicle sales.
8 in 10 SEA SMEs expect sales growth during festive season
57% of consumers prefer online shopping.
Suntory Group to launch PET bottles made from used cooking oil
It aims to produce approximately 45 million beverage PET bottles using this new material.
JD Global Sales expands to Malaysia and Thailand ahead of Singles Day
It also offers free shipping options.
Indonesia to implement nutrition grading system
It is expected to be finalised by the end of 2024.
Starbucks opens largest greener store in Thailand
This is the brand's fourth flagship store in the country.
Commentary
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