News

China’s F&B sector forecast to see slower growth

This is due to a shift in demand towards outdoor and leisure activities.

L’Oréal sells $3.11b Sanofi stake

L’Oréal’s stake in Sanofi will drop to 7.2% of its share capital.

Australia retail industry urges government support in federal budget

Retailers prioritise increased support for small and medium businesses.

Here are emerging trends in China’s consumer sector

The government is actively boosting domestic consumption.

Sustainable product lines struggling amidst growing consumer consciousness

Four in 10 global consumers purchase sustainable products at least once a month.

AS Watson appoints Clarice Au as CEO of Retail Hong Kong

She will oversee the operations of Watsons, PARKnSHOP, Fortress, and Watson’s Wine.

China Jo-Jo Drugstores restructures to focus on pharmaceutical wholesale

It will acquire Allright (Hangzhou) Internet Technology Co., Lt.

Aussie retailers see 4.6% spending increase in December

It was driven by Cyber Monday, Boxing Day sales, and holiday shopping.

4 key trends shaping consumer purchasing in 2025

One of the key areas of innovation will be women’s health.

Here’s what’s driving nail care market growth

Demand for organic ingredients and the rise of DIY manicures contribute to this growth.

SHEIN conducts over 2 million product safety tests in 2024

It also plans to invest over $15m to strengthen its safety protocols and compliance measures.

Customisation, online sales drive growth in home furniture market

Fluctuating labor costs and raw material prices remain significant challenges for manufacturers.

Pet care market to grow $98.4b by 2028

The growing popularity of pet fashion is a key driver of this expansion.

Chinese consumers shift spending priorities in 2025

There is a strong demand for quality, wellness, and meaningful experiences.

Australian retailers call for simpler, more flexible industry award

Proposed changes aim to clarify worker rights and improve workplace flexibility.

Blue Pool acquires 12% stake in Golden Goose

This comes after Golden Goose suspended its plans for a stock market listing last year.