Brands
Flood of new F&B brands, players leaves trail of local casualties
But some operators say cut-throat competition also present new opportunities for incumbents and new playersLOCAL food and beverage (F&B) operators are facing increasing pressure from a flood of new...
China’s grey market is dominating luxury brands’ online sales
CHINA’S grey market – where brand new, authentic products are sold at steep discounts – is increasingly dwarfing some global luxury giants’ official sales channels in the country’s dominant...
KFC parent Yum Brands sales fall as weak US demand persists
TACO Bell parent Yum Brands reported a bigger-than-expected fall on Tuesday (Aug 6) in same-store sales for the second quarter as sticky inflation prompted lower-income Americans to eat out...
Less than 20 Chinese EV brands to be profitable by decade’s end
JUST 19 of China’s 137 current electric vehicle (EV) brands will be profitable by the end of the decade, leaving the rest to exit the industry, consolidate or battle...
Bondex secure strategic investment from Animoca Brands
Bondex, an independent crowdsourcing recruitment app based out of the United Kingdom (UK), has secured a strategic investment from Animoca Brands, the company advancing digital property rights for gaming...
BYD leads Chinese car brands past Ford and Chevy in global sales
CHINA’S carmakers outsold their US counterparts for the first time last year, a testament to the shifting power dynamics in the global auto market.
Brands led by BYD sold 13.4...
BYD leads China car brands past Ford and Chevy in global sales
CHINA’S carmakers outsold their US counterparts for the first time last year, a testament to the shifting power dynamics in the global auto market.
Brands led by BYD sold 13.4...