Consumer & Healthcare
Asics sees boom in running shoes for India’s healthy and wealthy
Demand for its top-end Onitsuka Tiger sportswear label accounts for about 15% of total revenue
Luckin Coffee’s PE owner gains more control over Chinese chain
The company’s American depositary receipts have gained 24% in the past 12 months
Japan’s Kirin sells Four Roses bourbon as US whisky market cools
Concerns over the impact of US President Donald Trump’s tariffs also continue to weigh on the sector
GSK profit lifted by HIV, asthma drugs in boost to new CEO
Its adjusted earnings per share rises to 25.5 pence, higher than analysts’ expectations
Philippine garment makers find they can’t quit the US just yet
Long-standing relationships built over decades with American clients have helped to soften the blow
Mondelez forecasts muted annual revenue, profit as price hikes pull down volume
Consumers in the US have also been seeking healthier food options
Former Biofourmis CEO to be charged over alleged fraud and falsified invoices worth US$16.5 million
BT understands the accused to be the healthcare startup’s founder and former chief executive Kuldeep Singh Rajput
China’s delivery price war starts to cool after regulatory probe
Chinese regulators have heightened scrutiny of the retail sector since 2025
Chinese energy drink maker Eastroc fails to pop in subdued Hong Kong debut
It makes functional beverages, which are drinks formulated with added ingredients such as electrolytes or vitamins
CVC to sell personal care business FineToday to Bain Capital in 200 billion yen deal: source
The sale comes a few months after FineToday’s second attempt to list on the Tokyo Stock Exchange failed in October
