Staff Reporter
South Korea's Lotte Wellfood expands India operations with new plant
South Korea's Lotte Wellfood expands India operations with new plant
The company plans to increase production lines from nine to 16 by 2028.
Gaw Capital Partners and Patience Capital Group acquire Tokyu Plaza Ginza
Gaw Capital holds 91% of the joint venture, with PCG owning 9%.
Custom apparel market to grow by $2.45b by 2029
It is driven by rising internet and smartphone usage.
Fourth Milling Company celebrates dual triumph at FMCG Asia Awards 2024
Its adoption of SAP S/4HANA Cloud, Private Edition and its flour brand FOOM were recognised at the awards programme.
Shopee launches international platform to boost Singapore sellers
It helps local sellers expand into Malaysia and Thailand at no extra cost.
Personalised gifts market to grow by $10.76b by 2029
A key driver of growth is the rise of eco-friendly gifts.
Korea retail sales up 8.2% in 2024
Offline sales saw a modest 2% rise.
E-commerce market to grow by $12.95t by 2027
It is driven by the increasing internet usage and widespread smartphone adoption.
Australians to spend $535m on Valentine’s Day
New South Wales leads the nation in spending.
Digital payments make up 53% of Australia’s e-commerce in 2024
The country's e-commerce market is projected to reach $70.3b by 2029.
Singapore retail sales down 2.9% in December
Total retail sales were estimated at $4.6b.
Over 9 in 10 Australians shop on marketplaces
Amazon holds a strong lead.
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.
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