International News

In the past five years, though, this belief has come down to earth with a crash. This is largely due to the global economic crisis, but also the emergence of a new type of consumer. The economic downturn impacted the...

The UK’s historic vote on June 23 to leave the EU surprised many, both in Britain and mainland Europe. Businesses are coming to terms with the implications, especially given the uncertainty surrounding the exit process and how this will...

Fresh food shopping and associated meal preparation is an important part of consumers’ lives in APAC. These consumers are a sizeable opportunity for companies offering new ways to buy fresh. To date, concerns about freshness, quality and fulfillment dissuade most...

Foodservice equipment industry is witnessing surge in market consolidation over the last few years. Expansion of product portfolio to meet diverse end-use requirement and rising demand for customized foodservice equipment are recent trends in global foodservice equipment market. Change in...

US multinational Walt Disney has broken ties with a Chinese toymaker after receiving reports that it flouted labour standards, the company said in a statement. Disney announced it was breaking ties with the Dongguan Qing Xi Juantiway Plastic Factory, but...

Amazon has made fighting fakes and phonies a serious goal for 2017. One of the world's largest e-marketplace, Amazon gives vendors exposure to hundreds of millions of shoppers without the big expense of building and promoting a website from...

Today’s widespread access to the Internet creates a favourable environment for the development of online shopping. In 2008 online sales in France increased by 35 per cent. In this context, the Internet is affecting the traditional retail structure. Consumers are...

In a first, online shopping on Black Friday is estimated to have hit the $3 billion mark in the US with a major chunk of the total sales coming from mobile devices, a report said on Saturday. Adobe, which has...

US consumers spent about US $44.5 billion during this Thanksgiving weekend, slightly below a year ago, the country's largest retail trade association said on Sunday. More than 154 million consumers shopped over Thanksgiving weekend, from Thursday to Sunday, two per...

A digital marketing research group has recorded online sales at a record high of $3.34 billion during the Black Friday shopping spree in the United States. Xinhua news agency on Saturday quoted Adobe Digital Insights (ADI) as saying that the...

The Coca-Cola Company on Saturday announced the reshaping of its bottling operations in China. The announcement was made jointly following an agreement of the Coca-Cola Company and its Bottling Investments Group China, COFCO Coca-Cola Beverages Limited (a subsidiary of COFCO...

iPhones may soon be made in US as Apple has asked Foxconn and Pegatron to look into this possibility, reports said. According to Nikkei Asian Review, key Apple assembler Hon Hai Precision Industry, also known as Foxconn Technology Group, has...

The Estée Lauder Companies announced that it has signed an agreement to acquire Too Faced, the feminine, playful makeup brand renowned for high-quality, stylish cosmetics that consumers love. Too Faced, one of the fastest growing makeup brands in specialty-multi and...

Alibaba Group, the e-commerce giant behind the 24-hour Singles' Day shopping blitz, has raked up a record US$ 17.6 billion in the Singles Day online sales, creating a new record in global retail sales for any single day. According to...