Consumer & Healthcare
Onitsuka Tiger pivots from Asics stripes to tap luxury market
The 77-year-old sneaker maker is set to be spun off from parent company on Jan 1
Yum strikes two deals to sell Pizza Hut for US$2.7 billion in tale of diverging fortunes
Pizza Hut’s share of Yum’s revenue has declined every year since 2019
Singapore-based Shein and Paris department store end controversial partnership
SGM says it is selling the Parisian department store to its current management team led by Karl-Stephane Cottendin
Tiger Beer lines up new products as Singapore operations’ role shifts from brewing to innovation
The push comes as drinking habits evolve, particularly among younger consumers
Foundation Healthcare plans to file Singapore IPO soon: sources
The company is seeking to raise as much as S$500 million in the listing
Nestle India rejects allegations of infestation in its Maggi noodles
It said that the concern was raised from an unverified social media account
Alibaba bids US$1.5 billion for China grocer in fight with Meituan
A Pupu sale to an industry leader may also draw Beijing’s attention
Alibaba, JD.com shares slide after Beijing slams price-cut promotions
The name-and-shame campaign marks the latest run-in between the market regulator and e-commerce juggernauts
China’s nascent medical tourism lures foreign patients with cutting-edge, cheap medical care
The country has rapidly emerged as an important player in global medical research and innovation
Japan’s Asics to spin off popular Onitsuka Tiger sneaker business; shares rise
The move is aimed at speeding up decision-making and boosting the brand’s global competitiveness