Consumer & Healthcare
Gap plans to open 50 China stores, return to Hong Kong in 2026
New stores will open across tier-one to tier-three cities in the world’s second-largest economy
Fosun Resort chain Club Med considers Hong Kong IPO: sources
The French group is in talks with banks about working on the potential share sale
Pop Mart shares sink 23% on doubts firm can grow past Labubu
The company is pushing to diversify its intellectual property portfolio and sustain momentum through new releases
Temasek-backed Manipal Hospitals files for US$1.2 billion India IPO
Manipal’s IPO plans come amid a sharp slump in India’s equities market
Mixue reports 33% jump in profit amid bruising China price war
The Chinese beverage chain has been the world’s largest food & beverage chain by store count
Puma fails to block registration of Tiger Woods-backed Sun Day Red trademark in Singapore
Even though both brand marks feature big cats in motion, the tribunal found that the differences in form, style and concept are decisive
Estee Lauder in talks to buy Spain’s Puig to create beauty giant
Puig has also been undergoing big changes, recently announcing a new CEO
Luxury brands from LVMH to Kering defy slowdown with more new store openings in Europe
Fragrances have been particularly popular due to their lower price point when compared to items such as jewellery and watches
PepsiCo bets on AI across China operations to boost efficiency
BEVERAGES giant PepsiCo is deploying artificial intelligence (AI) across its operations in China and beyond to improve efficiency, Anne Tse, its head for the Asia-Pacific region, said.
Low-cost Ozempic copies launch in India as Novo Nordisk’s patent expires
One firm plans to make a semaglutide jab at a starting price of 1,290 rupees a month
