News

Unilever International to expand Korean beauty products offering

The innovation plan targets both premium and mass markets.

China gains strong foothold in therapeutic cancer vaccines market

Seven cancer vaccines have been approved in the country.

Korean culture drives Southeast Asia sportswear trends

The global sportswear industry is expected to grow about 7% annually until 2027.

Global online jewellery market to increase by $58.4b by 2028

This is driven by advancements in jewellery design and technology.

Decathlon to invest $111m in India expansion

It will be used to increase the number of stores and boost local manufacturing.

How disruptive technologies will redefine consumer goods value chain

Various innovations are expected to redefine production, consumption, and interaction with goods.

Brands For Less sells 35% stake to TJX Companies for $1.2b

TJX will provide BFL with strategic guidance for expansion into the Persian Gulf, Malaysia, and Singapore.

Ha Noi’s retail sales up 9.3% in Q1 2024

This growth outpaced the national average increase of 8.2% in Vietnam’s retail sale.

Sephora cuts 10% of staff in China

Over 4,000 employees in China are impacted.

Walmart sells $3.7b stake in JD.com to focus on China ops

Walmart said it is shifting its focus to its own operations in China.

7-Eleven parent receives buyout proposal from Couche-Tard 

No decision has been made yet on whether to accept, reject, or discuss the proposal.

Alibaba to adjust e-commerce strategy to enhance merchant terms

Alibaba will refine its China e-commerce strategy by improving merchant terms and introducing new technology service charges to boost monetisation, according to S&P Global Ratings.

Why creator economy is crucial for today’s digital marketing

Influencer marketing is generating the most revenue.

Mars to acquire Kellanova for $35.9b

The acquisition will enhance Mars' existing portfolio.

Carbonated soft drink sales expand in Thailand

This is driven by the country's warm and humid climate.

Sustainable packaging struggles in Asia amidst inflation

Economic uncertainty will likely continue to challenge sustainable packaging efforts in the future.