Consumer & Healthcare
CK Hutchison is said to pick Goldman Sachs, UBS for Hong Kong-London IPO of Watson Group
Temasek Holdings owns about 25% of the company
China’s Anta Sports has offered to buy Pinault family’s 29% Puma stake: sources
The Hong Kong-listed company has a track record of acquiring and revamping Western sports and lifestyle brands
Uniqlo owner Fast Retailing reports jump in quarterly profit, raises annual forecast
It benefits from strong sales at home, and expansions in Europe and North America
Chinese teahouse chain Chagee is said to explore Hong Kong listing
The company’s US shares have fallen more than 50% since its April 2025 listing
China targets online commerce battles in latest regulatory salvo
The new rules also require them to protect consumers and user data
Ikea to close seven shops in China amid competition, weak demand
The restructuring is aimed at directing resources to channels closer to consumers
CEO of Salonpas maker seeks to take the 450 billion yen drug firm private
The Japanese government has been promoting cheaper generic medicines and pushing drugmakers to cut prices as its population ages
Pop Mart adds Mexico production site to boost US supply
The company is set to release later this week multiple toy series
McDonald’s rival Jollibee plans US listing for global business
The food giant owns several brands, including its iconic eponymous chain
Saks in talks for US$1 billion bankruptcy loan to keep doors open
SAKS Global Enterprises is looking to line up a loan of as much as US$1 billion to keep the business running as part of a Chapter 11 bankruptcy filing that could happen in coming weeks, according to p...