Staff Reporter

Here are the top foodservice trends to watch in 2025

Foodservice operators are increasingly adopting multi-channel strategies.

Japan’s Megabass partners with L Catterton to boost global growth

The collaboration aims to scale Megabass’ production.

Peter Jueptner to step down as Estée Lauder’s international president

His departure marks the end of his 16-year career at the company.

Watsons Philippines expands with 80 new stores in 2024

It now has a total of 1,166 stores nationwide.

Sportswear set for 14.9% growth by 2029

It is driven by the growing trend of casual dress codes across the world.

Yum China to consider quarterly dividend

The decision, if approved, will be adopted by board resolution and disclosed promptly.

APAC consumers embrace cost-conscious spending

They are focusing on products that offer better functionality, quality, convenience, and health benefits.

China’s luxury market declines 20% in 2024

The rise of Daigou trading remains a concern for luxury brands.

8 in 10 consumers plan to buy natural diamond jewellery in 2025

Over 90% of respondents intend to purchase a gift this year.

Abercrombie & Fitch expands in HK with new store openings

These are part of the brand's push to expand its retail presence in the region.

Restaurant confidence index in HK rises to 6 in Q4

63% of restaurants expect Lunar New Year and Valentine’s Day to positively affect their business.

Retail growth in APAC to continue amidst regional differences

In China, a net negative trend is expected to intensify.

Global sportswear industry faces softer growth in 2025

Premium products and innovative features are expected to sustain consumer demand.

APAC retail leasing sees renewed growth in Q4 2024

In Japan, the retail market thrives on tourism-fueled entertainment demand.

Guess Jeans launches in India

Tata CLiQ will be the exclusive retailer for Guess Jeans.

Lazada partnership offers embedded insurance from big insurers

This integrates insurance solutions directly into Lazada via Peak3's platform.