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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.…
Vontobel, the esteemed Swiss investment firm, continues to expand its presence in Asia, bolstering its team with a crucial addition aimed at strengthening intermediary relationships and setting the stage for enduring growth across the region. Cody Law has…
Packamama, a leading innovator in packaging, has secured a government grant totaling $1 million. The funds will bolster their efforts to develop and perfect an advanced circular polymer wine bottle. This product promises to reduce carbon emissions without…
Onitsuka Tiger, a well-known Japanese shoe brand, has expanded its horizons with an entrance into the realm of fragrance. Their maiden collection of eau de parfum features four unique scents, each distinctively embodying the theme of “Wearing Quiet Radiance.”…
An Investment Expert Takes Charge at Tradeweb Asia Tradeweb, a global provider of electronic marketplaces for an array of financial services, has bolstered its Asian division with the appointment of a veteran investment specialist. The company is experiencing…
