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The manufacturing sector in Australia is at a critical juncture, contributing approximately 5.9% to the national GDP and employing over 850,000 people this year. Despite rebounding from disruptions caused by the pandemic, the sector is grappling with new…
Fashion label, Von Dutch, is broadening its horizons by venturing into sectors of food, beverage, and hospitality. The company has officially disclosed a worldwide food and beverage licensing agreement. As a result of this agreement, the brand will introduce…
In the face of a tumultuous global economic landscape, Asia’s fast-moving consumer goods (FMCG) market demonstrated resilience in the first quarter of 2025, expanding by 2.8% year-on-year. The growth was primarily fueled by robust performances in the food,…
Arnott’s has bought New Zealand artisan biscuit maker 180 Degrees to add to its stable of sweet and savory crackers. The FMCG company bought the business from private equity investor KKR, for an undisclosed sum. Founded in 2001 by Frank Lawton, his partner…
Most Australians who started buying more of their groceries online as a result of the Covid-19 say they plan to continue to do so, even when the pandemic is over. A ZenPoll in early March found that 29 percent of the 1023 Australians polled started buying…
Online FMCG sales are forecast to grow 163 per cent by 2023 across major markets, according to a new report from research organisation IGD, in association with The Consumer Goods Forum. The report explores three digital retail models of the future and…
The Philippines and Vietnam led Southeast Asian FMCG sales growth last year, according to a report by market research company Nielsen. In What’s Next for Southeast Asia, Nielsen reported that Vietnam’s FMCG sales growth reached 5.2 per cent, second in…
FMCG major Nestle India has lined up nearly two-three dozen products that it plans to launch in calender year 2019 across categories in the country to drive its aggressive growth plans, Chairman and Managing Director Suresh Narayanan said. According to a…
The global retailing industry saw a record growth in revenue in 2017 with the top 250 companies increasing their revenue by over 83 percent, according to a latest report by a professional services multinational that said Reliance Retail was the only Indian…
Nestlé has adopted Workplace by Facebook as its global internal communication tool, to connect its workforce and better serve consumers. The announcement comes as the latest and largest wave of staff join the platform, part of a process that began only nine…
Growing consumer trust and confidence in online buying has helped e-commerce platforms expand their share in India’s total FMCG retail sales by as much as three times, according to market researcher Nielsen. This has led to online purchase of a broader range…
The state auditing agency says Unilever Vietnam should pay over $25 million in back taxes for the 2009- 2013 period. Speaking at a National Assembly session on the draft bill on Tax Administration, State Auditor General Ho Duc Phoc pointed to the…
E-commerce’s contribution to the total FMCG sales is expected to be 11 percent by 2030, according to market research firm Nielsen. E-commerce contributed 0.4 percent to FMCG sales in 2016 and in 2018 it is expected to be around 1.3 percent of the branded…
“Significant challenges” across the Southeast Asian supermarket business are continuing to test Hong Kong-listed multi-format retailer Dairy Farm International. In a management statement discussing the company’s third-quarter performance – which did not…
Food and beverages major PepsiCo India is betting on digitisation as a big growth opportunity and is looking at using technology in both backward and forward integration. According to a report: The maker of Lay’s, Kurkure and many a cola brand, including…
Beer maker Sabeco has reported after tax profits of $149 million in Jan-Sept 2018, down 6 percent year-on-year. The company’s total revenue in the first nine months of the year was VND25.5 trillion ($1.1 billion), 70 percent of its annual target. According to…
