Consumer & Healthcare
Starbucks beats Q1 global comparable sales estimate as demand rebounds
Comparable sales rose 4% in North America, marking their first gains in nearly two years
LVMH suffers sluggish sales of high-end fashion and handbags
In uncertain times, consumers see gold necklaces, bracelets and the like as better stores of value than trendy handbags
Inside Starbucks’ supply struggles: AI glitches, scattered suppliers and sandwich shortages
The coffee chain’s various problems include inaccurate automated counting and ancient computers
Amazon is closing its Fresh grocery, Go convenience stores
The moves mark the e-commerce giant’s latest retreat from its brick-and-mortar retail efforts
Malaysian retailer Mr DIY outperforms South-east Asia peers
The retailer plans further expansion and is positioned to benefit from stronger domestic consumption
Starbucks reports CEO Brian Niccol earned US$31 million in 2025
The company is scheduled to report fourth-quarter earnings on Wednesday morning
China’s Anta Sports buys 29% Puma stake for US$1.8 billion, rules out full takeover
The deal is expected to help German sportswear group increase its sales in the lucrative Chinese market
Tether says it bought 27 tonnes of gold in fourth quarter
The crypto company XAUT stablecoin is fully backed by the precious metal
Nike slashes 775 jobs in US to speed up automation, boost profit
The sportswear brand has undergone several rounds of layoffs in recent years
China’s Eastroc Beverage launches Hong Kong listing, seeking to raise HK$10.14 billion
The proceeds will be used to expand production capacity and upgrade supply chain