News

Jollibee Foods acquires majority stake in South Korea’s Compose Coffee for $340M

It will hold approximately 70% of the shareholding in Compose Coffee.

Mars Wrigley appoints Sean Jeong as general manager of West Asia

He will oversee key West Asian markets such as Malaysia, Thailand, Singapore, and Indonesia.

Asia Pacific pet care market set to reach $29b in 2024

China remains the largest contributor to the pet care market in the region.

Asia-Pacific retailers need AI boost to meet customer expectations

Retailers struggle with AI adoption while aiming to meet the demands of Gen Z consumers.

How luxury brands are embracing AI to enhance customer experiences

The luxury sector has invested over $360m in AI in the past three years.

Sunway Malls projects 6.5% sales growth for 1H 2024

This forecast follows a robust 11% growth in Q1 2024.

Indonesia to impose ‘safeguard' import taxes on clothing and ceramics

It will also affect imports including footwear, textiles, and cosmetics.

Why men are increasingly investing in skincare products

Concerns such as blackheads, wrinkles, and acne-prone skin are driving this shift.

URBAN REVIVO opens flagship store in Kuala Lumpur

Customers can explore over a thousand items in the new 27,000-square-foot store.

How wellness trends boosted demand for women’s sportswear and femtech innovations

Consumers are actively seeking brands and products that enhance both their physical and mental wellbeing.

IKEA enhances customer experience with new self-service kiosks

It allow shoppers to independently explore products, locate items, and seamlessly make purchases using their own devices.

Here are top trends shaping Asia's beauty and personal care market

Consumers are increasingly prioritising value in their beauty and personal care purchases.

LVMH acquires Swiss clockmaker L’Epée 1839

L’Epée 1839 is known for high-end clocks and authentic 'objets d’art’.

GOPIZZA expands through GS25, targets global market dominance

GOPIZZA is set to expand to over 2000 GS25 outlets in South Korea this year

Casella Family Brands to inaugurate 5.7MW solar farm for Yenda site

This will supply 35% of the facility’s power needs.

Industry giants call for global QR code adoption

They aim to achieve widespread adoption of QR Codes with GS1 standards by the end of 2027.