Lotte Holdings Co. announced on February 16 plans to offload its hamburger chain subsidiary Lotteria Co. to restaurant giant Zensho Holdings Co. on April 1.…
Lotte Holdings Co. announced on February 16 plans to offload its hamburger chain subsidiary Lotteria Co. to restaurant giant Zensho Holdings Co. on April 1.…
Nestlé has reported its 2022 full-year results, posting an 8.4 percent increase in total reported sales to to CHF 94.4 billion. By product category, Purina PetCare was the largest contributor [……
The Philippines’ baby food sector is projected to decline to PHP 42 billion (USD 826.7 million) by 2028, registering a negative compound annual growth rate (CAGR) of 4.5 percent over 2023-2028, accord…
TH International Limited, operator of Tim Hortons coffee shops in China, announced on February 8 that its board of directors has approved a deal to development Popeyes in mainland China and Macau.…
Global Fashion Group (GFG) has unveiled a new leadership transition, as part of e-commerce company’s next phase of development, as it homes in on Southeast Asia (SEA) and Australia and New Zeala…
French conglomerate Kering announced on February 3 the appointment of Raffaella Cornaggia to the role of CEO of Kering Beauté, a newly created role for the luxury company.…
South Korea’s Amorepacific Group announced on February 1 its net profit plunged nearly 50 percent in 2022, on the back of slowing consumption in China and impeded travel retail sales.…
Hong Kong SAR is one of the top three preferred destinations for cross-border expansion in Asia Pacific, as retailers’ optimism returns in 2023, driven by an increase in tourism and government s…
Troubled Singapore e-commerce start-up Zilingo has reportedly offload its tech assets to Swiss e-commerce company Buyogo AG, along with its Sri Lanka-based acquired entity nCinga Innovations, as the S…
Indian conglomerate Reliance Retail has acquired Telangana and Andhra Pradesh-based footwear and apparel retailer V Retail Pvt Ltd, which operates the Centro retail chain in India. SEE ALSO: Reliance …