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

Luxury companies have been struggling to bounce back from a slump that followed a post-pandemic boom.

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

Starbucks supplies many of its food products from small, regional vendors that struggle to ramp up production when demand spikes, according to former warehouse employees.

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 currently operates 14 Go stores, which use cameras to track what people grab off the shelves, and 58 Amazon Fresh grocery stores.

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

A major boost for the sector is coming from the government’s cash payout of RM100 to adult citizens, spendable at selected retailers and grocers.

Malaysian retailer Mr DIY outperforms South-east Asia peers

The retailer plans further expansion and is positioned to benefit from stronger domestic consumption

Brian Niccol's plan, dubbed “Back to Starbucks”, has started to show some results, but he has yet to fully convince investors.

Starbucks reports CEO Brian Niccol earned US$31 million in 2025

The company is scheduled to report fourth-quarter earnings on Wednesday morning

Puma has been under pressure as demand has weakened, and recent footwear launches, including the Speedcat, failed to generate the momentum executives had hoped for.

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

Each Tether-issued US dollar token is intended to represent one US dollar held in reserve.

Tether says it bought 27 tonnes of gold in fourth quarter

The crypto company XAUT stablecoin is fully backed by the precious metal

Nike reported a drop in gross margins for the second consecutive quarter in December, as poor sales in China and efforts to reset its product mix continued to vex it.

Nike slashes 775 jobs in US to speed up automation, boost profit

The sportswear brand has undergone several rounds of layoffs in recent years

Eastroc’s offering would extend Hong Kong’s listing activity, alongside companies such as Busy Ming, which is due to begin trading on Jan 28.

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