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ZUS Coffee, Malaysia’s largest coffee chain, is reportedly considering an initial public offering (IPO) for its Malaysia business that could generate a minimum of RM1 billion (US$245 million). Zuspresso, the brand’s owner, is teaming up with financial…
In the backdrop of soaring summer temperatures, ice cream companies are experiencing a surge in sales. However, they are concurrently strategizing for a future delineated by health-conscious consumers. There is a burgeoning demand for healthier food…
Apple had in store an impressive three-year plan for its flagship product, the iPhone, which would have reached its peak next year – the 20th anniversary of the iconic smartphone range. However, a recent report indicates a change in plans as the company has…
The Gem and Jewellery Institute of Thailand (GIT) has formalized a strategic partnership with two prominent Shanghai-based firms with the aim of bolstering Thai gem and jewellery enterprises’ market penetration in China. The collaborations have been…
In May, Thailand’s automotive industry experienced a sharp decline in vehicle production, which fell 17.94% year-on-year to 114,214 units. The slump was primarily due to decreased exports amidst political tensions in the Middle East and reduced demand in key…
Beijing Liyuan is said to be planning a sale of its 35% stake in its longstanding cosmetics joint venture with Japanese beauty firm Shiseido. This decision would conclude a partnership that has spanned more than thirty years. According to information…
Global sourcing and supply chain leader, Li & Fung, is setting its sights on further growth within the apparel sector, following a successful trading year in home products. The firm plans to extend its licensing agreement with American lifestyle brand, Vera…
Singapore Airlines has postponed the unveiling of its upgraded first and business class cabins on Airbus A350-900 aircraft until the first quarter of 2027, retreating from the original target date in the second quarter of 2026. The adjusted timeline comes as…
KK Mart Retail Bhd, the parent company running the KK Super Mart and KK Mart convenience store chain, has revealed plans for an initial public offering (IPO) on Bursa Malaysia. The news came as the company filed a draft prospectus with the Securities…
In Australia, the spirits industry is set to miss out on tax relief measures currently extended to the beer industry, following a failed debate on alcohol taxation in the Senate. The Failed Amendment An amendment proposed to extend the excise freeze,…
Swaggle, a pet care subsidiary of supermarket titan Coles, will be shutting down after a two-year run, it has been confirmed. Swaggle marked Coles’ entry into the thriving pet care industry which is currently valued at over $33 billion annually in Australia.…
The team at Retail News would like to convey our warmest regards to our readers during the 2026 Lunar New Year, the year of the Fire Horse. We extend our heartfelt wishes to you and your loved ones for a year filled with robust health and bountiful…
A New Zealand-based startup, Incrediballs, is set to introduce a tablet-based beverage product, with the aim of minimizing plastic usage in the beverage industry. The product represents the commercial exploitation of a research endeavor that spanned seven…
Woolworths, a prominent supermarket chain, has recently been cautioned about potentially violating the Grocery Industry Competition Act. This situation arose due to the delisting of certain products in its New Zealand branches. Grocery Industry Competition…
After 54 years in operation, the popular Japanese burger chain Lotteria is set to be rebranded as Zetteria, beginning in March. The Lotteria brand first entered the market in 1972, establishing its inaugural outlet in Tokyo. The decision to retire the brand…
The Philippine government has prolonged its prohibition on sugar imports until December 2026, given the strong domestic supply. This strategic decision is designed to provide ongoing support for local farmers and producers and maintain market stability.…
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