Staff Reporter
Brands For Less sells 35% stake to TJX Companies for $1.2b
Brands For Less sells 35% stake to TJX Companies for $1.2b
TJX will provide BFL with strategic guidance for expansion into the Persian Gulf, Malaysia, and Singapore.
Ha Noi’s retail sales up 9.3% in Q1 2024
This growth outpaced the national average increase of 8.2% in Vietnam’s retail sale.
bonaqua from Coca-Cola Hong Kong triumphs at FMCG Asia Awards
Its revolutionary sustainably package water products proved to be above the rest.
Sephora cuts 10% of staff in China
Over 4,000 employees in China are impacted.
Walmart sells $3.7b stake in JD.com to focus on China ops
Walmart said it is shifting its focus to its own operations in China.
7-Eleven parent receives buyout proposal from Couche-Tard
No decision has been made yet on whether to accept, reject, or discuss the proposal.
Alibaba to adjust e-commerce strategy to enhance merchant terms
Alibaba will refine its China e-commerce strategy by improving merchant terms and introducing new technology service charges to boost monetisation, according to S&P Global Ratings.
Why creator economy is crucial for today’s digital marketing
Influencer marketing is generating the most revenue.
Mars to acquire Kellanova for $35.9b
The acquisition will enhance Mars' existing portfolio.
Carbonated soft drink sales expand in Thailand
This is driven by the country's warm and humid climate.
Sustainable packaging struggles in Asia amidst inflation
Economic uncertainty will likely continue to challenge sustainable packaging efforts in the future.
What’s driving growth in Asia’s FMCG sector in 2024?
Beverages led the growth with a 9.2% increase in value sales.
Two-year streak: PNJ takes home Marketing Initiative of the Year - Vietnam at Retail Asia Awards
The campaign PNJ Jewelry Journey Across Vietnam made PNJ secure its second consecutive win at the Retail Asia Awards in the Marketing Initiative of the Year - Vietnam category.
Singapore emerges as key gateway to Southeast Asian market
Many Chinese companies are choosing Singapore as a key base for international expansion.
Here are three key opportunities for global eyewear market growth
Eyewear companies are urged to embrace technology and enhance affordability.
Will boosting consumer spending ease China’s economic slowdown?
The nation aims to cut reliance on manufacturing and boost its economy.
Q-commerce set to disrupt Indian food delivery market
Q-commerce's promise of hyperlocal, speedy service is becoming a game-changer in the industry.