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DFI Retail Group launches EV for Hong Kong deliveries
DFI Retail Group launches EV for Hong Kong deliveries
The use of the electric truck will save over 264,000 litres of diesel.
Crocs names CFO Anne Mehlman as President
Michelle Poole will step down from the role as EVP and President
More room for consumer growth in the Philippines: SM
Consumer activity has been consistent in fashion, food and beverages.
Coupang finalises Farfetch acquisition
Farfetch will also improve its brand through $500m in capital.
Why FMGC specialists need loyalty schemes to succeed
Around 55.3% cite loyalty schemes as an influence in purchasing food and grocery.
PCC OK’s Aboitiz, Coca-Cola Europacific’s acquisition of Coca-Cola Philippines
The transaction is valued at $1.8b.
Jollibee Foods launches programme for recycling plastic packaging wastes
Its partnership with Republic Cement serves to support the Extended Producer Responsibility Law.
H&M Group names new President and CEO
Outgoing CEO Helena Helmersson has left the company after 26 years.
Plant-based products to lead meat substitutes market in India: GlobalData
Nearly two in five of Indians see plant-based items as vital to their religious practice.
Pandora shifts to recycled silver, gold for jewellery
It used 97% recycled silver and gold materials in 2023.
JD logistics arm to use large-scale hydrogen-powered heavy-duty trucks
The deployment of the new fleet of trucks will reduce emissions by 1,000 tonnes.
Israel’s Jeffs’ Brands closes $7.28m private placement
The net proceeds will be used to improve the company’s overall operations and capital.
Aeon to install solar power systems in Indonesian mall
The solar panels in Aeon Mall BSD City will produce 1,161 megawatts per hour.
Don Don Donki to open largest Macau location
The flagship store will introduce Macau-first outlets of Sen Sen Sushi and Yasuda Seimai.
Levi Strauss & Co. names new president, CEO
The company also assigned the new Chief Marketing Officer and Chief Merchandising Officer.
China’s Dingdong authorises $20m share repurchase programme
The company may implement proposed repurchases until 28 January 2025.
Lazada CEO appointed as Daraz’s acting CEO
James Dong succeed Daraz founder Bjarke Mikkelsen in the role.
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