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TH International, the parent company of Tims China, master franchisee of Tim Hortons coffee shops, has announced the appointment of Kwok Wah Cheung as its new CEO, effective June 15. Experience and Expertise Cheung brings his wealth of experience to this new…
Ferrero, a globally recognized confectionery brand, is venturing into new categories, offering retailers a chance to expand their growth. The company’s commitment to quality, local manufacturing, and exceptional execution is supporting this expansion. As…
The luxury brand Hermès recently celebrated the grand reopening of its outlet located in Sogo Fuxing Mall, Taipei. This event comes after a considerable period of renovations, reflecting the brand’s innovative and dynamic spirit that mirrors the vibrant…
In the first quarter, LVMH reported revenues of €19.1 billion (US$22.4 billion), marking a decrease of 6%. This decline is largely attributed to various geopolitical tensions impacting business operations across the globe. Geopolitical Impacts on Revenue LVMH…
Luxury goods multinational corporation LVMH has announced the appointment of Béatrice Goasglas as the new CEO of its premium watch label, Tag Heuer. The appointment will take effect from May. Professional Background of the New CEO Goasglas has been with Tag…
Revolut, a leading fintech company based in London, has announced its intention to triple the size of its workforce in Singapore over the next few years. This decision is primarily aimed at bolstering product innovation and facilitating regional expansion.…
L’Oréal, the French cosmetics powerhouse, announced on Wednesday plans to establish a beauty technology hub in Hyderabad, a major city in southern India, supported by an initial investment surpassing 35 billion rupees (approximately US$383.4 million). The…
Tiffany Chen has recently been named General Manager for Coles 360, ushering in a fresh period for the retail media arm of Coles Group. Tiffany Chen’s Appointment The new appointment comes along with Coles 360’s transition into its next developmental phase.…
Lego has inaugurated its biggest retail outlet in Yongsan, Seoul, South Korea, with an objective to increase its attractiveness for millennial and Generation Z consumers. Store Overview The flagship location spans an expansive 396 square meters and showcases…
As Singapore further cements its position as a worldwide hub for innovation, HSBC is strategically situating itself at the forefront of this transformation. HSBC’s group chief executive, Georges Elhedery, has recently expressed that innovation, technology,…
Google has inaugurated a new engineering center in Taiwan dedicated to artificial intelligence (AI) infrastructure hardware, marking its largest establishment of this kind outside the United States. This move underscores Taiwan’s pivotal role in the global…
Woolworths has inaugurated a regional distribution center in Western Sydney, advancing a $1.3 billion commitment to automated supply-chain infrastructure. The facility is strategically located adjacent to the supermarket’s national distribution center, and…
Switzerland is set to be a focal point at the Singapore Fintech Festival 2025, which will mark the country’s ninth consecutive year of participation. The Swiss Pavilion is a testament to how Swiss innovation, trust, and cooperation continue to significantly…
Woolworths New Zealand recently honoured its partners and innovators in the food and grocery industry, handing out 20 awards at its annual Supplier Awards event at the Auckland War Memorial Museum. GrapeCo and Mondelēz were the illustrious recipients of the…
In the current retail landscape, the focus has shifted from transactional success to experiential design. Retail spaces are no longer merely about selling products but aim to evoke emotions and offer unique experiences. High-end pop-ups and roving coffee vans…
HSBC is making a significant stride into the Singaporean market with the establishment of its Innovation Banking division. This move is marked by a considerable investment of $1.5 billion, aimed at promoting rapid expansion firms and improving the local…
