News

Alcoholic drinks market drops for first time in 15 years

This is due to inventory adjustments, pantry unloading in the US, geopolitical instability, inflation, and a slowdown in China.

Alcoholic drinks market drops for first time in 15 years

This is due to inventory adjustments, pantry unloading in the US, geopolitical instability, inflation, and a slowdown in China.

Korea launches new strategy to boost textile and fashion industry

It includes developing world-class technologies in high-performance aramids, carbon fibers, and electronic textiles by 2030.

China sees increased demand for suncare products

A preference for lighter skin tones is boosting the demand for products that prevent discoloration and sunspots.

How personalisation is transforming the alcoholic drinks industry

AI is set to overhaul production processes and consumer interactions.

Toxic substances found in products sold on major Chinese online platforms

This includes hats and sandals sold on AliExpress, Temu, and Shein.

CJ products return to Coupang after 20-month hiatus

CJ CheilJedang halted sales of its products to Coupang in December 2022.

Premium brands struggle as consumers opt for cheaper home and personal care products

This is amidst the changing regional and generational consumer attitudes towards value for money.

South Korean brands eye Japanese market as demand for personalised nutrition grows

This surge in interest is largely driven by a growing focus on natural ingredients.

IKEA and Australia Post enter three-year strategic partnership

It is expected to further expand IKEA’s delivery footprint in Australia.

What brands can do to drive growth of snacking in Asia

Packaged food sales in Asia Pacific grew by 2.5% between 2018 and 2023.

L Catterton invests in Viee to expand plant-based beverage brand in China

It aims to bolster Viee’s presence in its home regions of Sichuan and Chongqing.

Two-thirds of Australian small retailers prioritise innovative customer strategies

This comes amidst ongoing financial struggles affecting many small businesses.

Love, Bonito opens first retail store in the Philippines

The expansion follows Love, Bonito’s recent rebranding and assortment revamp in March. 

MINISO launches talent training program in Malaysia 

It recruits over 10 Malaysian graduates from prestigious universities worldwide.

Australians to spend $540m on Father’s Day amidst decline in spending

The top gift category is alcohol and food, accounting for 34% of total spending.

Jaspal Group partners with Centric Software to boost operational efficiency

It aims to scale sustainably and enhance efficiency as it expands across Southeast Asia.