Yum China CEO says consumers are growing more ‘rational’
A KFC restaurant in Wuhan, China. Source: Yum China While economists and investors fret over China’s low consumer confidence and…
New consumer brands grab market share in China, South Korea: Bain & Co
Customers shop at a supermarket in Qingzhou city, East China’s Shandong province on Jan 12, 2024. Future Publishing | Future…
Shein rejects Amazon ‘clone’ talk as it prepares for U.S. listing
Chinese-founded online retail giant Shein is not positioning itself as an Amazon “clone,” the company told CNBC, as it prepares…
As Singapore’s aging population grows, businesses court older spenders
Citizens aged 65 and above make up almost a fifth of Singapore’s population in 2023. Nicky Loh | Bloomberg |…
5 new shops for tea, coffee and meditation
Kyoto’s flat geography makes long strolls easy. And by using bustling Shijo Street — also known as Shijo-dori — as…
India consumer market to be the world’s third largest by 2027: Report
People check Apple Macbook laptops at the new Apple Inc. store in New Delhi, India on April 20, 2023. Nurphoto…
Xpeng, Nio, Li Auto July electric vehicle deliveries rise
Xpeng G9 SUV is on display during the 20th Shanghai International Automobile Industry Exhibition at the National Exhibition and Convention…
ASEAN moves closer to economic unity with new regional payments system
Indonesian President Joko Widodo makes a speech during the Association of Southeast Asian Nations (ASEAN) Foreign Minister’s Meeting in Jakarta,…
Shein says it was profitable in first half of 2023
Customers hold shopping bags outside the Shein Tokyo showroom in Tokyo on Nov. 13, 2022. Reuters reports the fast fashion…
Chipotle Middle East locations coming next year via Alshaya Group deal
Chipotle announced Tuesday it has signed an agreement with Kuwait-based Alshaya Group, its first-ever franchise partner, to open locations in…