Staff Reporter
Paragon Technology and Innovation brings home win at FMCG Asia Awards 2024
Paragon Technology and Innovation brings home win at FMCG Asia Awards 2024
Earth Love Life emphasises holistic wellness, delivering both skin and mind benefits whilst also promoting a halal-sustainable lifestyle.
Consumer goods excellence lauded at FMCG Asia Awards 2024
The awards programme honoured top companies in the fast-moving consumer goods sector, recognising innovation, leadership, and exceptional achievements across Asia.
Functional beverages gain popularity in Malaysia
Consumers now prioritise holistic wellness and seek products that align with their values.
Tech-driven personalisation allows content optimisation, understanding opportunities to stay ahead of competition – PwC Asia Pacific's Karin Shenkar
She underscores the need for adaptability, data-driven strategies, and a nuanced understanding of consumer behaviour in a rapidly evolving market.
Singapore e-commerce market to reach $24.8b by 2028
It is driven by the city state's advanced tech infrastructure and consumer readiness.
Tapestry and Capri Holdings end merger agreement amidst legal uncertainty
Both companies cited uncertainty around the legal process.
Food waste crisis pushes APAC foodservice operators to rethink sustainability practices
Consumers are also now prioritising ethics in their purchasing decisions.
MasterFoods trials paper-based sauce packs in Australia
The new packs use 58% less plastic.
APAC consumers demand multi-functional cosmetics
Demand is rising for products that address multiple needs in one formula.
How social media Is redefining skincare choices in Southeast Asia
Platforms like Instagram, TikTok, and YouTube are now key sources for skincare information and reviews.
Global luxury spending to reach $1.6t in 2024
Growth expected is just between -1% and 1%.
5 major shifts in consumer behaviour to expect in 2025
Quality, functionality, convenience, and price drive purchase decisions across all trends.
Fashion industry faces uncertainty in 2025
This is amidst economic challenges, shifting consumer preferences, and global trade disruptions.
Nestlé and Formula 1 announce multi-year partnership
It will bring KitKat branding and fan activations to select Grand Prix events.
Chinese dairy producers target adult nutrition as infant formula demand declines
The baby milk sector in the country is expected to see up to 3% annual decline from 2023 to 2029.
Toby’s Sports adapts to growing demand for health and fitness post-pandemic
It has implemented several innovations in its business model.
Prince Retail uses AI to meet changing consumer demands post-pandemic
It also focused more on value-driven food products.
Commentary
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