Food and beverage companies in Korea have been reducing spending on TV commercials, while mobilizing resources to promote their products on YouTube to reach increasingly digital-savvy young consumers,…
Who is joining the battle of burgers in Hong Kong?
In 2018, two international burger chains have opened restaurants and branched out in the city. …
3000 stores to open in India, world’s most promising retail market
The recent implementation of the GST along with the rise of e-commerce has caused over 50 brands to announce that they will launch in India in the next six months.…
Shake Shack to open in Hong Kong
Shake Shack Inc., the burger-and-fries chain founded in New York, will open its first location in Hong Kong next year, setting the stage for a push into the fast-food hotbed of mainland China.…
Singapore Myanmar Investco reports encouraging initial retail results at Yangon International
Singapore Myanmar Investco Limited has reported revenue of US$13.3 million in its travel and fashion retail segment for the year ended 31 March 2017.…
Yum China comp sales gain 3% in Q2
Yum China Holdings said comparable store sales for the second quarter jumped 3%, on the back of strong KFC revenues.…
A sophisticated e-commerce model attracts 8 major supermarkets
Honestbee, Asia’s leading online grocery and concierge service, where professional concierge shoppers handpick and deliver fresh groceries from top local stores, has announced partnerships with eight …
Au Bon Pain bakery bound for Cambodia
The Au Bon Pain bakery chain is to expand into Cambodia, Laos, Myanmar and Vietnam by the end of the year, to serve growing middle classes in the region.…
Koreans consume 377 cups of coffee on average in 2016
South Koreans drank a total of 377 cups of coffee per person on average last year, mirroring brisk growth of the sprawling market fueled by a flurry of various franchises, a government report showed.…
Creme Maison announces strategic partnership and expansion plans
Singapore-based bakery Creme Maison announces partnership between two young Gen-Y entrepreneurs. With plans to expand regionally, Creme Maison not only has its sights set on Taiwan, but has plans to f…