Consumer & Healthcare

Nike was less promotional on Singles Day and was reducing sales events for spring and cutting down on summer buys in an attempt to improve full-price sales.

Nike’s China conundrum deepens as turnaround stagnates

Nike’s stock is down 13% so far this year, on track for a fourth straight year of declines

ValueMax Retail has denied infringing LV’s trademarks or passing off, pointing out that the items under dispute have symbols that are neither identical nor similar to any of the LV marks.

Louis Vuitton sues unit of SGX-listed ValueMax over alleged trademark infringement

LV has four trademarks registered in Singapore: the ‘LV’ monogram and three graphical motifs

Several Genting subsidiaries are set to undertake heavy investments over the next two to three years, including Genting Singapore’s Resorts World Sentosa (above).
BROKERS’ TAKE

S&P Global shifts Genting companies’ outlook to negative on weaker credit quality forecasts

Group capital expenditure could double in 2026, with earnings ‘unlikely’ to keep pace

The transaction will be fully funded by OUE’s internal resources.

OUE raises stake in OUE Healthcare to 89.7% with S$20.7 million share purchase

OUE says the transaction is in line with its commitment to the longer-term prospects of OUE Healthcare’s core business

These businesses run the gamut from homegrown brands aiming to seize greater market share to international chains that view Singapore as a strategic springboard to the region.  

Chagee, Mixue, Scarlett, Xiang Xiang: Expanding in Singapore’s cut-throat F&B business

Even industry leaders such as Eggslut and Haidilao have been forced to exit or dial back expansion plans

 Coles and Woolworths control about two-thirds of Australia’s grocery market, leaving them more exposed to any new pricing or compliance requirements than smaller rivals.

Australia to enforce new food pricing rules in crackdown on Coles and Woolworths

Both companies have said they have absorbed rising supplier costs and offered discounts to ease pressure on customers

Known for its pricey leggings and athleisure clothing, Lululemon’s sales have struggled in the US as it lost ground to upstart brands and private-label replicas.

Lululemon CEO McDonald to step down, shares rise 10%

LULULEMON Athletica said that CEO Calvin McDonald was leaving the company without a replacement and raised its annual profit forecast, sending shares up about 10 per cent in extended trade on Thursday...

Coca-Cola’s portfolio have held the company in better shape in a choppy consumer landscape, in contrast to rivals such as PepsiCo.

Coca-Cola names insider Henrique Braun as new CEO

COCA-COLA on Wednesday named insider Henrique Braun as its new CEO, replacing James Quincey, as packaged food companies try to adjust their strategies to consumers looking for healthier and more affor...

Coupang CEO Park Dae-jun is the highest-profile casualty of an ongoing crisis that prompted a probe and disrupted millions in South Korea.

Coupang CEO resigns over historic South Korean data breach

The company faces a potential fine of up to one trillion won