Consumer & Healthcare

Companies & Markets

OUE raises stake in OUE Healthcare to 89.7% with S$20.7 million share purchase

OUE says the transaction is in line with its commitment to the longer-term prospects of OUE Healthcare’s core business

Singapore

Chagee, Mixue, Scarlett, Xiang Xiang: Expanding in Singapore’s cut-throat F&B business

Even industry leaders such as Eggslut and Haidilao have been forced to exit or dial back expansion plans

Coles and Woolworths control about two-thirds of Australia’s grocery market, leaving them more exposed to any new pricing or compliance requirements than smaller rivals.

Consumer & Healthcare

Australia to enforce new food pricing rules in crackdown on Coles and Woolworths

Both companies have said they have absorbed rising supplier costs and offered discounts to ease pressure on customers

Known for its pricey leggings and athleisure clothing, Lululemon’s sales have struggled in the US as it lost ground to upstart brands and private-label replicas.

Companies & Markets

Lululemon CEO McDonald to step down, shares rise 10%

LULULEMON Athletica said that CEO Calvin McDonald was leaving the company without a replacement and raised its annual profit forecast, sending shares up about 10 per cent in extended trade on Thursday...

Coca-Cola’s portfolio have held the company in better shape in a choppy consumer landscape, in contrast to rivals such as PepsiCo.

Companies & Markets

Coca-Cola names insider Henrique Braun as new CEO

COCA-COLA on Wednesday named insider Henrique Braun as its new CEO, replacing James Quincey, as packaged food companies try to adjust their strategies to consumers looking for healthier and more affor...