Asia

L'Oréal Posts Strong Fourth Quarter, Boosted By Premium Brands

L'Oréal SA’s high-end cosmetics such as Lancome Monsieur Big mascara came through again over the holidays. Fourth-quarter revenue rose 5.5...

The A-Z of Retail: J is for JD.com

ESM: European Supermarket Magazine is proud to launch 'The A-Z of Retail', a new subscriber-only series that offers a deep analysis of the retailers, suppl...

PepsiCo Names Mike Spanos As CEO Of Asia, Middle East, North Africa

Beverage and snack-food giant PepsiCo has announced that Mike Spanos will become the group's new chief executive for Asia, the Middle East and North Africa...

Unilever Sees Spurning Of Global Brands Spread Beyond Asia

The tide is turning against multinational brands, which have been losing market share to local products not just in Asia’s emerging markets but also...

Nestle, L'Oreal See Easy Money Era Killed Off By Asian Brands

Nestle SA is losing buzz to an Indonesian coffee brand famous for brewing civet-cat feces, and L’Oreal SA is losing face to a Chinese skincare brand...

X5 Retail Opens Hong Kong Office In Bid To Boost Imports

Russia’s X5 Retail Group is opening its first trade representative office abroad in Hong Kong, with the aim of boosting direct imports. The retail...

Chinese Tourists Spur Thai Mall's $330 Million Expansion Bet

The Platinum Group Pcl, whose wholesale fashion mall in Bangkok attracts about 15 million people yearly, expects booming Chinese tourism to support it...

Russia Expands Grip On Wheat Exports As Asia Set to Buy More

Russia, the world’s biggest wheat exporter, is about to grab even more customers in the fast-growing economies of Asia -- a region that normally gets...