News

4 in 5 APAC consumers demand authentic representation

4 in 5 APAC consumers demand authentic representation

Brands are urged to ensure inclusivity across all retail touchpoints to drive engagement.

APAC consumers navigate cost of living crisis with value-hacking

Businesses are encouraged to adopt new strategies that offer smarter buying choices.

Carousell Group acquires LuxLexicon to boost luxury segment

The group’s luxury bag category listings have grown monthly by 71% in the past two years.

American-based spirits brand Brown-Forman enters Japan market

Brown-Forman previously entered the market in the 1970s.

7-Eleven International completes $1.1b acquisition of 7-Eleven Australia

The agreement adds over 750 stores in Australia to 7-Eleven International's global portfolio.

Restaurants revive snacking out with new menu items aimed at Gen Z consumers

Around 43% of consumers have been snacking daily or frequently within a week.

Gen-Z favours quality over brand origins: JD chief economist

Advanced digital supply chains offer brands deep insights into consumer behaviour, he said.

Rakuten launches ‘Service Inclusion’ initiative to promote diversity in services

It introduced the "Inclusive Salon Project" as an initial effort, providing customer service guidance for LGBTQ+-friendly beauty salons.

Swee Lee unveils new music lifestyle store in Clarke Quay

Highlights of the store include dedicated spaces for product demos, lounging, and listening to vinyl records. 

GreenCorp acquires Emad Bakeries to strengthen food investment platform

The acquisition is expected to strengthen GreenCorp's investments in food processing operations.

Southeast Asia's coffee and tea shop sales surge to $4.4b

Singapore was seen by some coffee chains as a strategic hub for their international ventures in the coffee industry.

Privatisation move for Isetan Singapore underway

Isetan Mitsukoshi will acquire 19,500,000 shares in Isetan Singapore for $140m.

ION Orchard launches Singapore's 1st Sustainable Takeaway Programme

Sustainable Takeaway will run from 1 April to 30 September 2024.

Indonesian consumers embrace functional fragrances as stress level rises

Around 80% of consumers consider a product’s health impact in their purchase.

L Catterton Asia forms JV with Sanjiv Mehta for Indian market

Mehta will serve as its executive chairman of India, effective 4 April.

Australia's Easter-labelled online candy SKUs down 10 % YoY amidst cost-of-living crisis

Still, seasonal chocolate sales are expected to outpace other chocolate confectionery types in the country.

Coupang to invest $2.23b to expand ‘rocket delivery’ in South Korea

It will set up more than eight fulfilment centres to serve as logistical hubs for swift delivery.