APAC
Asian food makers expand functional offerings to bakery and savoury snacks
Asian food makers expand functional offerings to bakery and savoury snacks
The bakery and cereals market is valued at US$2.4b.
Shiseido launches Inner Beauty Business
The company will launch the Shiseido Beauty Wellness brand in February 2024.
What consumers prioritise in premium haircare products purchase
This includes the ingredients, price, and personalised experience, amongst others.
L’Oréal names China CEO, North Asia Zone president
Vincent Boinay’s appointment will be effective in February 2024.
SHEIN invests $85m more under evoluSHEIN Roadmap
The additional fund will support its efforts for community empowerment globally.
Former Starbucks CEO retires from board
Howard Schultz stepped down as CEO in March.
TikTok Shop launches in US
There are over 150 million TikTok users in the market.
Alibaba is APAC’s top e-commerce player
The top three leading e-commerce firms in the region were from China.
Here are the top 10 fastest-growing APAC retailers
Indonesia’s GoTo Gojek Tokopedia PT and Singapore’s Sea Ltd. are taking the lead.
L’Oréal completes Aesop acquisition
It entered a deal with Natura &Co to purchase Aesop.
How appliance retailers boost e-commerce sales through DTC channel
They need to understand customer needs and overcome technical challenges.
UNIQLO names COO to lead global expansion
Board Director Daisuke Tsukagoshi’s appointment will take effect on 1 September.
Roark Capital acquires Subway
Subway accounts for 14% of the global sales in the bakery products limited-service restaurants sector.
Coty renews license partnership deal with adidas
Adidas could leverage the growing well-being and athleisure trend.
Daraz launches AI ChatBot AskDaraz
This will improve customer experience as it offers personalised recommendations.
Watsons partners with 4 brands for sustainability push
The brand collaborated with Kenvue, L’Oréal, and P&G.
Nearly 90% of consumers from emerging Asian markets want more sustainable lifestyle
Consumers from emerging markets are the most willing to learn more about sustainability.
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