Chinese milk tea brands are broadening their horizons and expanding into new markets in Asia and the West. These brands have traditionally focused on Southeast Asia as their primary area for foreign expansion. However, with the market becoming overcrowded,…
Home improvement retail is a sector known for its cyclical nature and susceptibility to shifts in consumer confidence. This is evident in Thailand’s DIY market, Southeast Asia’s largest, which is currently grappling with low consumer confidence, escalating…
In a significant move within India’s quick-service restaurant (QSR) industry, Devyani International and Sapphire Foods India, two of the nation’s largest franchise operators for KFC and Pizza Hut, have agreed to join forces. The merger, approved by parent…
Sapphire Foods and Devyani International, the operators for KFC and Pizza Hut in India, announced plans to merge in a transaction valued at $934 million. This move will create a major fast-food enterprise in India, the world’s most populated nation. The…
Japanese-themed full-service café chains are accelerating their proliferation across India and Southeast Asia. They are banking on the allure of their high-end atmosphere and Japan-centric menus to the emerging middle and upper-class consumers in these…
As the international telecommunications sector experiences significant changes, companies from Japan are harnessing the power of emerging technologies, their established brands, and strategic partnerships to establish a foothold in the Asia Pacific and…