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Why FMGC specialists need loyalty schemes to succeed
Why FMGC specialists need loyalty schemes to succeed
Around 55.3% cite loyalty schemes as an influence in purchasing food and grocery.
PCC OK’s Aboitiz, Coca-Cola Europacific’s acquisition of Coca-Cola Philippines
The transaction is valued at $1.8b.
Jollibee Foods launches programme for recycling plastic packaging wastes
Its partnership with Republic Cement serves to support the Extended Producer Responsibility Law.
H&M Group names new President and CEO
Outgoing CEO Helena Helmersson has left the company after 26 years.
Plant-based products to lead meat substitutes market in India: GlobalData
Nearly two in five of Indians see plant-based items as vital to their religious practice.
Pandora shifts to recycled silver, gold for jewellery
It used 97% recycled silver and gold materials in 2023.
JD logistics arm to use large-scale hydrogen-powered heavy-duty trucks
The deployment of the new fleet of trucks will reduce emissions by 1,000 tonnes.
Israel’s Jeffs’ Brands closes $7.28m private placement
The net proceeds will be used to improve the company’s overall operations and capital.
Aeon to install solar power systems in Indonesian mall
The solar panels in Aeon Mall BSD City will produce 1,161 megawatts per hour.
Don Don Donki to open largest Macau location
The flagship store will introduce Macau-first outlets of Sen Sen Sushi and Yasuda Seimai.
Levi Strauss & Co. names new president, CEO
The company also assigned the new Chief Marketing Officer and Chief Merchandising Officer.
China’s Dingdong authorises $20m share repurchase programme
The company may implement proposed repurchases until 28 January 2025.
Lazada CEO appointed as Daraz’s acting CEO
James Dong succeed Daraz founder Bjarke Mikkelsen in the role.
Duck Donuts to enter Philippine market with 25 target locations
It made the largest international franchise agreement with Bravo Foods Corp.
Salomon expands to Southeast Asia with Singapore store
The new brand store is located at Raffles City.
Yoshinoya unveils discount e-card for transformative dining experience
Yoshinoya’s “Privilege Pass” provides customers with discount prices for various products.
Chinese consumers buy luxury items abroad due to pricing gaps
Domestic luxury spending is seen to decline to 70% from 90% during the pandemic.
Commentary
Winning at the shelf: Innovative packaging strategies