Consumer & Healthcare
Starbucks cuts London, Hong Kong office jobs in restructuring effort
The company has said that it wants to double its international store count to about 40,000
Top Glove quarterly profit surges 138% on cost control measures
The company benefits from a diversified supplier network across multiple countries
Starbucks to add up to 100 India stores a year as coffee booms
The coffee chain has doubled down on the country of more than 1.4 billion people as it searches for new avenues of growth
Lululemon apologises after Great Wall drum sparks China backlash
Social media users object to the use of a Japanese drum at a site widely viewed as a symbol of Chinese national identity
Onitsuka Tiger pivots from Asics stripes to tap luxury market
The 77-year-old sneaker maker is set to be spun off on Jan 1, 2027
Yum strikes two deals to sell Pizza Hut for US$2.7 billion in tale of diverging fortunes
Pizza Hut’s share of Yum’s revenue has declined every year since 2019
Singapore-based Shein and Paris department store end controversial partnership
SGM says it is selling the Parisian department store to its current management team led by Karl-Stephane Cottendin
Tiger Beer lines up new products as Singapore operations’ role shifts from brewing to innovation
The push comes as drinking habits evolve, particularly among younger consumers
Foundation Healthcare plans to file Singapore IPO soon: sources
The company is seeking to raise as much as S$500 million in the listing
Nestle India rejects allegations of infestation in its Maggi noodles
It said that the concern was raised from an unverified social media account
