Staff Reporter
Global cordial drink market anticipates $230.3m increase by 2028
Global cordial drink market anticipates $230.3m increase by 2028
Consumer demand for healthier alternatives will drive this growth.
India's FMCG sector value sales up 10.2%
Bottled soft drinks have surpassed a 50% penetration rate for the first time.
China's retail market to grow by $1.19b by 2028
It will be driven by e-commerce and omni-channel strategies
Shinsegae Duty Free launches Korea's first Prada Beauty pop-up store
It runs from 4 July to 25 August.
Shiseido and Max Mara announce long-term fragrance partnership
Shiseido will exclusively develop, produce, market, and distribute Max Mara fragrances worldwide.
APAC consumers embrace probiotic-enhanced foods
It will be driven by R&D advancements and increasing consumer interest in health and wellbeing.
AEON and Ocado to build third customer fulfilment centre in Japan
AEON will integrate Ocado's latest technologies, including On-Grid Robotic Pick (OGRP).
Authentic Brands Group appoints Jeff Daggett as head of Japan
He will lead efforts to strengthen the group’s presence and growth in Japan.
Classic flavours dominate new product launches in packaged foods
Chocolate leads in staying power.
foodpanda and Carlsberg Asia expand partnership to boost beer accessibility
This move responds to significant consumer demand for beers.
FairPrice Group expands solar power capacity
It aims to produce more than 2,000 MWh of clean energy annually.
Messika partners with Bluebell Group to enter South Korean market
This follows their successful venture in the Korean Duty Free Market since 2022.
Jollibee Foods acquires majority stake in South Korea’s Compose Coffee for $340M
It will hold approximately 70% of the shareholding in Compose Coffee.
Mars Wrigley appoints Sean Jeong as general manager of West Asia
He will oversee key West Asian markets such as Malaysia, Thailand, Singapore, and Indonesia.
Asia Pacific pet care market set to reach $29b in 2024
China remains the largest contributor to the pet care market in the region.
How luxury brands are embracing AI to enhance customer experiences
The luxury sector has invested over $360m in AI in the past three years.
Sunway Malls projects 6.5% sales growth for 1H 2024
This forecast follows a robust 11% growth in Q1 2024.
Commentary
How retailers can lead the charge in the AI future