Staff Reporter
China gains strong foothold in therapeutic cancer vaccines market
China gains strong foothold in therapeutic cancer vaccines market
Seven cancer vaccines have been approved in the country.
Why did Hong Kong retail sales fall after a strong rebound?
Retail sales initially surged following Hong Kong’s border reopening in January 2023.
Global online jewellery market to increase by $58.4b by 2028
This is driven by advancements in jewellery design and technology.
Decathlon to invest $111m in India expansion
It will be used to increase the number of stores and boost local manufacturing.
How disruptive technologies will redefine consumer goods value chain
Various innovations are expected to redefine production, consumption, and interaction with goods.
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.
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