Many Chinese consumers consider western fast food brands like Yum Brands, McDonald’s and even Dunkin Donuts healthy. They all know a healthy food diet should not have too much oil and sugar, but…
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Yum raises full-year earnings forecast based on strength in China
KFC parent Yum Brands raised its full-year earnings forecast after China helped deliver quarterly earnings for the company that topped Wall Street’s forecast.
Yum, based in Louisville, Kentucky,…
P&G, Unilever lead regional ad charts
Procter & Gamble is the most effective advertiser in North America while Unilever is number one in Europe and Asia-Pacific, analysis of the Effie Effectiveness Index has shown.
The Index, develope…
California Pizza Kitchen signs franchise deal to expand into Taiwan
California Pizza Kitchen Inc. on Monday announced an agreement to expand into Taiwan with new franchise partner, Quanta Foods. As part of the agreement, a minimum of 6 new California Pizza Kitchen res…
Japan’s Mos Burger gains altitude
Mos Burger, Japan’s homegrown answer to a McDonald’s hamburger, will now for the first time offer respite to those in-flight of meals of limp teriyaki stir-fried something. The popular fas…
Woolworths wins seat on PCI SSC board of advisors, 1st time for Asian retailer
Australian supermarket group Woolworths has won a seat on the Payment Card Industry Security Standards Council (PCI SSC) board of advisors, the first time a retailer in Asia has been represented on th…
Same wine bottle, 4 different prices
In Hong Kong, you can buy a burger at McDonald’s for as little as HKD20 (USD2.6). Or, for HKD118, you can get an Australian Wagyu burger at BLT Burger. Premium ingredients, plush seating and a c…
Beef bowl wins food fight against hamburger in Japan
It’s official – the lowly beef bowl has won out over the hamburger for the hearts (and yen) of Japan’s fast food fans.…
P&G announces organisational changes
The Procter & Gamble Company (P&G) has announced organisational changes.
Edward D. Shirley, vice chairman – beauty and grooming, will retire from P&G, effective 1 January 2012, …
P&G 3Q net profits up 11pc
US FMCG giant Procter & Gamble on Thursday said net profits increased 11 percent from USD2.56 billion to USD2.87b for the third quarter ended on 31 March.
Net sales increased 5 percent to USD20.2b…