Consumer & Healthcare
Ikea to close seven shops in China amid competition, weak demand
The restructuring is aimed at directing resources to channels closer to consumers
CEO of Salonpas maker seeks to take the 450 billion yen drug firm private
The Japanese government has been promoting cheaper generic medicines and pushing drugmakers to cut prices as its population ages
Pop Mart adds Mexico production site to boost US supply
The company is set to release later this week multiple toy series
McDonald’s rival Jollibee plans US listing for global business
The food giant owns several brands, including its iconic eponymous chain
Saks in talks for US$1 billion bankruptcy loan to keep doors open
SAKS Global Enterprises is looking to line up a loan of as much as US$1 billion to keep the business running as part of a Chapter 11 bankruptcy filing that could happen in coming weeks, according to p...
7-Eleven Singapore taps toys and collectibles to position stores as ‘places of discovery’
It rolls out exclusive merchandise under a Kawaii Collection that is refreshed every two months
Incredible Holdings announces possible reverse takeover by Hong Kong AI company
Cambridge Artificial Intelligence and Incredible Holdings have entered a non-binding MOU to explore the transaction
LV applies for summary judgment against ValueMax in alleged trademark infringement lawsuit
Summary judgement from the High Court will be heard on Jan 6
Despite 2025’s high-profile closures, Singapore’s retail and entertainment sectors are not shrinking: observers
Exits by notable brands from Cathay Cineplexes to Eggslut likely signal market recalibration rather than a contraction, they say
How Miniso taps into the business of joy and emotional connections
The company has its roots in China, but it has now accumulated the most extensive cross-cultural experience in Asia
