News
Global toy market to reach $446b by 2032
It is driven by STEM demand and tech integration
Plant-based supplements market to reach $42.27b by 2030
APAC accounted for 42% of global probiotic supplement sales in 2023.
Yum China launches AI assistant ‘Q-Smart’ to streamline restaurant operations
It uses voice interaction through wearable devices.
Pop Mart opens first store in Bali
It is also Bali’s first LABUBU-themed outlet.
Brands stall product launches amidst rising risks
CPG innovation hits a record low of 35%.
Global paper packaging market to hit $527.1B by 2030
Asia Pacific is the fastest-growing region.
L’Oréal to acquire majority stake in Medik8
The deal is expected to complete in the coming months.
Authentic Brands Group opens APAC headquarters in Shanghai
The new office spans nearly 2,000 square meter.
Chinese consumers shift to cautious spending as growth slows
Annual consumption growth is expected to reach 2.3% in 2025.
Vietnam textile industry to pilot first steam-generating heat pump
H&M Group is amongst the partners in the project.
Tealive enters FMCG market with launch of 3-in-1 sachet range
It will be available starting 15 June at AEON outlets.
L’Oréal partners with NVIDIA to scale AI across beauty business
The deal focuses on 3D rendering and generative AI.
Starbucks pilots ‘Green Dot’ AI assistant to support baristas in real time
It is currently being piloted in 35 Starbucks locations.
Shiseido opens expanded beauty counter at Fukuoka Airport
The revamped space is five times larger than the previous setup.
L’Oréal launches fifth global employee share plan
The plan offers up to 300,000 shares.
MBK Partners seeks buyer for troubled South Korean chain Homeplus
The retailer has lost over $1b in the past five years.
Commentary
From shoplifting to safety: How tech is empowering APAC’s retail workers