Retail News CRM

Author: Mei Ling Tan

  • A2 Milk Shares Suffer as China’s Plummeting Birth Rate Impacts Infant Formula Sales

    A2 Milk Shares Suffer as China’s Plummeting Birth Rate Impacts Infant Formula Sales

    New Zealand-based A2 Milk Company has reported a drop in its share price due to the decline in Chinese birth rates, which has reached a record low.

    On the Australian Securities Exchange (ASX), A2 shares plunged by 11.2 percent upon closing on Monday, January 19, shortly after the distressing news was announced in China. In response to a price query on the ASX, the company stated that it wasn’t privy to any information related to its current situation that hasn’t been disclosed to the market. This information, if known by certain market participants, might potentially explain the recent trading dynamics of its securities.

    A2’s Trading Performance Explanation

    When asked to provide an additional reason for its recent trading performance, A2 pointed to an announcement made by the China National Bureau of Statistics on January 19. The announcement revealed that the number of newborns in China last year had decreased by 17 percent to 7.92 million.

    The infant milk formula, one of A2’s greatest sources of income, is exported to China. In the fiscal year 2025, it recorded a revenue of NZ$1.2 billion (A$1.04 billion) from infant formula sales in China and Asia.

    Questions & Answers

    What caused the drop in A2 Milk Company’s share price?
    The decline in Chinese birth rates, which have reached a record low, was reported as the cause for the fall in A2’s share price.

    What was the percentage decrease in A2’s share price?
    A2’s share price dropped by 11.2 percent on the Australian Securities Exchange.

    What is one of A2’s largest sources of income?
    One of A2’s largest revenue streams is its infant milk formula, which is exported to China.

  • Aussies Embrace Daily Luxury: Surge in Everyday Premium Ice Cream Indulgence Revealed

    Aussies Embrace Daily Luxury: Surge in Everyday Premium Ice Cream Indulgence Revealed

    Australia is witnessing a shift in the perception of premium ice cream, from being an occasional luxury to an everyday delight, according to recent research conducted by Haagen-Dazs.

    Ice Cream as an Everyday Indulgence

    The research found that nearly three out of every ten Australians, approximately 28 percent, now view premium ice cream as a regular indulgence. This trend is particularly noticeable in Victoria and New South Wales. Millennials and men are spearheading this increase, with 40 percent of Millennials and 33 percent of male respondents admitting to indulging in premium ice cream on a daily basis.

    Sacrificing Other Delights for Ice Cream

    Interestingly, the study reveals that four out of every ten Australians would rather forgo sweet beverages than give up ice cream, while three in ten would skip pastries and baked goods in favor of ice cream.

    Ice Cream and the Convenience Channel

    The study also emphasizes the growing importance of convenience stores as the preferred destination for consumers desiring quality, speed, and satisfaction from a single scoop of ice cream. Approximately 42 percent of respondents, predominantly those belonging to the Gen Z, Gen X, and Baby Boomers demographics, prefer to enjoy their ice cream in solitude.

    Changing Perceptions of Luxury

    Cavan Brady, the head of ice cream at Haagen-Dazs Australia, suggests that these findings denote a significant cultural shift in Australians’ understanding of luxury. He notes that consumers aren’t giving up on indulgence, but rather, they are reshaping it. He implies that the conventional ‘little treat’ has transformed into a pocket-sized form of self-care that people prioritize even in the face of tight budgets.

    Brady further explains that for retailers, this indicates that premium ice cream has evolved beyond being an optional treat. The rise of portion-controlled, single-serve, and impulse formats reflects the new pattern of daily indulgence, presenting an enticing growth opportunity for petrol and convenience stores.

    Questions & Answers

    What is the new perception of premium ice cream in Australia?
    Premium ice cream is being seen as an everyday delight rather than an occasional luxury in Australia.

    Who are mainly driving this increase in daily indulgence of premium ice cream?
    Millennials and men are primarily driving the daily indulgence in premium ice cream.

    What has the classic ‘little treat’ evolved into, according to Cavan Brady?
    According to Cavan Brady, the classic ‘little treat’ has evolved into a pocket-sized form of self-care that people prioritize, even when budgets are tight.

  • Blooms the Chemist Enhances Customer Experience with Innovative Store Redesign

    Blooms the Chemist Enhances Customer Experience with Innovative Store Redesign

    Blooms the Chemist, an Australian community pharmacy chain, is rolling out a new store design at its Figtree branch, aiming to provide a welcoming and hassle-free shopping journey for its local customers.

    New Store Design

    As part of a revamped brand approach, the latest design is a cooperative project with Chemfit, a long-standing and reliable partner. The concept was devised by Mathew Dalby, a retail design specialist from StudioFab.

    The unique design features include a color-coded arrangement and additional signage, aimed at crafting an uninterrupted and comfortable customer shopping experience.

    Brand Refresh Strategy

    The revamp, destined to be implemented across all Blooms the Chemist outlets over the coming two years, is targeted at providing retail excellence along with expert service and personalized care to the distinct local communities that the pharmacies cater to.

    Narelle Duncan, the head of network development at Blooms the Chemist, enthusiastically shared that the new brand concept introduced to pharmacy owners in 2024 was met with widespread approval across their member network.

    She asserted that the redesigned store will help bring uniformity to the Blooms network, thus promoting brand consistency. “This refreshed store layout makes health and wellness more accessible for locals by creating an inviting and user-friendly shopping ambiance. Furthermore, it enhances our pharmacists’ efficiency and practicality,” added Duncan.

    Positive Customer Feedback

    The team at Blooms the Chemist Figtree have already reported positive customer responses regarding the appealing aesthetics and enhanced in-store experience.

    Presently, Blooms the Chemist operates over 130 community pharmacies across Australia.

    Questions & Answers

    What are the key features of the new store design?
    The new design includes a color-coded layout and additional signage to provide an uninterrupted and comfortable customer shopping experience.

    What’s the purpose of the new store design?
    The revamped store design is aimed at delivering retail excellence, expert service, and personalized care to the local communities. It also intends to promote brand consistency across the Blooms network.

    What has been the initial response to the new design?
    The team at Blooms the Chemist Figtree have reported positive customer feedback, particularly noting the appealing aesthetics and enhanced in-store experience.

  • Decade-Long Scam Uncovered: $68.5M Fake Dietary Supplements Ring Busted in Hanoi

    Decade-Long Scam Uncovered: $68.5M Fake Dietary Supplements Ring Busted in Hanoi

    A vast counterfeit dietary supplement production operation has been exposed by authorities in a Hanoi industrial park, potentially impacting millions of consumers.

    The operation, allegedly run by Medistar Vietnam Company, is believed to have produced and distributed hundreds of tons of fraudulent supplements throughout the country for over a decade. The enterprise has reportedly generated an estimated VND1.8 trillion (US$68.5 million) in revenue through these activities.

    Key Players Arrested

    On January 18th, Lao Cai provincial police arrested Doan Trung Duc, the 46-year-old general director of Medistar Vietnam, along with five other individuals. The charges against them include producing and trading counterfeit food products, food additives, and seriously violating accounting regulations.

    The police have described the operation as “exceptionally large scale,” spanning across Vietnam. A coordinated effort by Lao Cai police, the Ministry of Public Security’s Investigation Police Department for Corruption, Economic Crimes and Smuggling, and Hanoi police led to an inspection of the operation on January 5th.

    Factory Raid Uncovers Counterfeit Products

    Upon inspecting a Medistar factory within Quang Minh Industrial Park in Hanoi, investigators discovered thousands of counterfeit and substandard dietary supplement products being manufactured for distribution. Among the counterfeit items were collagen supplements, vitamins, joint health products, and digestive aids.

    Preliminary findings suggest that from 2012 to 2025, this group has been distributing hundreds of tons of fraudulent supplements in the market. This illegal activity poses grave risks to consumer health and significantly damages consumer trust. The authorities further allege that hundreds of billions of dong were concealed for illicit profit, which has led to substantial tax deficits for the state.

    The investigation by Lao Cai provincial police is ongoing, and there is a possibility for its scope to be expanded in the future.

    Questions & Answers

    What is the estimated revenue generated by this counterfeit operation?
    The enterprise is believed to have generated nearly VND1.8 trillion (US$68.5 million) in revenue.

    What kind of counterfeit products were being produced?
    The factory was producing a range of fake dietary supplements, including collagen supplements, vitamins, joint health products, and digestive aids.

    What are the implications of these activities?
    The illegal activities pose serious risks to consumer health, significantly damage consumer trust, and have resulted in substantial tax deficits for the state.

  • J&T Express Shatters Records with 30 Billion Parcel Deliveries in 2025: A Year of Robust Growth and Innovation

    J&T Express Shatters Records with 30 Billion Parcel Deliveries in 2025: A Year of Robust Growth and Innovation

    J&T Global Express Limited (J&T Express), an international integrated logistics service provider, has reported its operational statistics for both the fourth quarter and the entire year of 2025. In the last quarter, the company saw a total parcel volume of 8.46 billion, marking a 14.5% year-on-year increase with an average daily parcel figure of 92 million. For the year 2025, J&T Express surpassed the 30 billion mark in total parcel volume for the first time ever by reaching 30.13 billion; this was a 22.2% increase from the previous year. The average daily parcel volume also rose by 22.6% to 82.5 million. The company credits this steady overall growth to a strong business performance, particularly in Southeast Asia and new markets, and a consistent input from the China market.

    Performance in Different Regions

    Throughout the fourth quarter, J&T Express experienced significant growth in both Southeast Asia and new markets. This was largely due to the peak e-commerce season and the company’s strong business strategies. In Southeast Asia, the company delivered 2.44 billion parcels in Q4, marking a 73.6% year-on-year increase, and delivered 7.66 billion parcels for the year, which was a 67.8% increase. The company also maintained its growth in new markets such as Saudi Arabia, UAE, Mexico, Brazil, and Egypt. Quarter 4 saw these markets surpassing 100 million parcel volume to reach 130 million, a 79.7% year-on-year increase; for the entire year, the parcel volume reached 400 million, increasing 43.6% from the previous year. The China market also enjoyed good quality growth, with a parcel volume of 5.89 billion for the quarter and 22.07 billion for the whole year, marking an increase of 11.4%.

    Investment in Infrastructure

    In 2025, the company made significant investments in infrastructure and resource allocation. It strategically optimized its network partners and outlets across different markets and upgraded its sorting centers to enhance operational efficiency. The company pushed outlet automation and cloud warehouse expansion initiatives in China, supporting the investment in automated equipment in outlets and the deployment of unmanned vehicles. This led to a 26% increase in automated equipment in outlets by the end of the year, and the deployment of 1,000 unmanned vehicles to greatly improve last-mile efficiency.

    Cloud Warehouses & Automated Sorting Equipment

    Simultaneously, J&T Express established 173 cloud warehouses, providing value-added services to address a variety of customer needs, solidify customer retention, and improve the overall customer experience. J&T Express also introduced Southeast Asia’s first industrial-grade automated sorting equipment at last-mile outlets in Thailand, planning a nationwide automation upgrade by 2026. This technology has been implemented across similar outlets in Vietnam, Indonesia, Malaysia, and the Philippines. At the end of 2025, the company operated 19,300 outlets and 246 sorting centres, with the number of automated sorting machines increasing by 134 year-on-year, bringing the total to 413.

    Charles Junyi Hou, Group Vice President of J&T Express, commented on the company’s performance, stating that the rapid development of e-commerce and a diversified customer base contributed to the robust growth in Southeast Asia and new markets. He noted that in China, the company is actively seeking higher-quality growth and that the delivery of more than 30 billion parcels globally by 2025 will serve as a new starting point for the company. Looking forward, he said they will continue to fortify their global network, stimulate growth through innovation, and consistently meet market demands.

    Questions & Answers

    What led to the year-on-year increase in parcel volume for J&T Express in 2025?
    The increase was a result of robust growth in Southeast Asia and new markets, coupled with the steady contribution from the China market.

    What is J&T Express’s strategy for increasing operational efficiency?
    J&T Express is investing in infrastructure, optimising its network partners and outlets across various markets, upgrading its sorting centres, and deploying automated equipment and unmanned vehicles.

    What are the company’s future plans?
    The company plans to continue strengthening its global network, driving growth through innovation, and consistently meeting market demands. It also aims to complete a nationwide automation upgrade in Thailand by 2026.

  • FedEx Gears up for Freight Division Spin-Off: Reveals Plan in SEC Form 10 Filing

    FedEx Gears up for Freight Division Spin-Off: Reveals Plan in SEC Form 10 Filing

    FedEx Corp. recently publicized its plan to file a Form 10 registration statement with the U.S. Securities and Exchange Commission (SEC) for the proposed separation of FedEx Freight. This document is accessible through the SEC’s website and FedEx’s Investor Relations page.

    FedEx Excited About the Spin-Off

    Raj Subramaniam, FedEx Corp.’s president and CEO, expressed optimism about the Form 10 filing, signifying significant progress towards the imminent launch of FedEx Freight as an autonomous industry-leading Less Than Truckload (LTL) company. According to Subramaniam, this separation will allow both entities to better cater to their customers and unlock long-term value for all shareholders.

    John Smith, the incoming president and CEO of FedEx Freight, commended the organization’s strong foundation, underpinned by its vast network, unique service model, and 39,000 dedicated team members. He views this filing as a significant step towards independence, which will enable them to deliver more value as North America’s leading LTL freight carrier.

    Key Takeaways from the Form 10

    The Form 10 filing provides valuable insights into the expected future of FedEx Freight, highlighting its aim to:

    – Bolster customer relationships through its extensive nationwide LTL network, leading scale, and premium flexible model, while also improving transit times and reliability, consequently solidifying its standing in the resilient LTL market.
    – Implement a strategic commercial and operational strategy focusing on high-growth verticals, technology and infrastructure investments, and continuous efficiency initiatives to facilitate meaningful growth, amplify its competitive advantage, and maximize the benefits of a streamlined LTL-focused operating model.
    – Encourage sustainable profitable growth, robust cash generation, and prudent capital allocation to fund high-yield innovation and network investments and responsibly distribute capital to shareholders over time.

    Further Details

    The separation of FedEx Freight from FedEx is scheduled for June 1, 2026, pending final board approval and other standard conditions. FedEx Freight’s common stock is anticipated to be listed on the New York Stock Exchange under the symbol “FDXF”. The planned separation aims to be tax-neutral for both FedEx and its stockholders for U.S. federal income tax purposes, excluding any cash that stockholders may receive for fractional shares.

    Governance Update

    In anticipation of the separation, FedEx has disclosed the preliminary board of directors for the future independent FedEx Freight, chaired by the current FedEx Corp. executive chairman, R. Brad Martin. Comprising senior leaders with extensive experience in transportation, logistics, finance, and technology, the board reinforces FedEx Freight’s position as an independent LTL operator.

    FedEx Freight Investor Day

    FedEx Freight will host an Investor Day on April 8, 2026, in New York City. The leadership team will elaborate on FedEx Freight’s unique positioning, appealing financial model, and future growth opportunities during the event. A real-time webcast of the event and associated presentation materials will be obtainable on FedEx’s Investor Relations website.

    Subsequent alterations to the Form 10 will be submitted to the SEC under FedEx Freight. The Form 10 filed on January 16, 2026, may be subject to changes and will be finalized before the effective date.

    Questions & Answers

    When is the expected spin-off date for FedEx Freight from FedEx?
    The separation is scheduled for June 1, 2026, subject to necessary board approval and other customary conditions.

    Who will be leading the newly independent FedEx Freight?
    John Smith, the incoming president and CEO, will lead FedEx Freight.

    What will the common stock for FedEx Freight be listed under?
    FedEx Freight’s common stock is anticipated to be listed on the New York Stock Exchange under the ticker symbol “FDXF”.

  • Taiwan’s Nomura Holdings Surprises Employees with iPhone 17 Pro Max at Grand Year-End Celebration

    Taiwan’s Nomura Holdings Surprises Employees with iPhone 17 Pro Max at Grand Year-End Celebration

    In an unexpected grand gesture, Nomura Holdings Taiwan, a leading investment firm, gifted every one of its employees an iPhone 17 Pro Max at the company’s year-end party. This generous move, which left social media in shock, was not a raffle or dependent on performance rankings. Regardless of their position or tenure, each person present at the event received the same sought-after smartphone.

    Expressing Appreciation for Contributions

    The company’s decision to distribute these costly gifts was unveiled during a packed banquet in Taiwan. Projected onto a screen in the crowded hall, the announcement told attendees that the iPhones were a token of gratitude for their invaluable contributions during the year.

    Nomura Holdings Taiwan, a subsidiary of the Japanese financial services group Nomura Holdings, has been operational in Taiwan since 1998. Currently considered one of the top five foreign investment firms on the island, it boasts a registered capital of around US$11 million.

    Rewarding Success

    The company’s decision to reward its employees in such a lavish manner followed a period of record-breaking growth in Taiwan’s stock market and robust profits across the investment industry in 2025. The move was seen as a fitting way to thank staff for their hard work and dedication.

    The scale of the party was impressive, with an estimated 20 to 30 tables filling the room and around 300 employees in attendance. A bystander, claiming to work at the venue, described the iPhone giveaway as the most extravagant employee gift they had ever witnessed.

    Reaction to the Generosity

    Images from inside the banquet hall showed employees lifting their new iPhones in the air to record the announcement, sparking gasps and cheers of delight from the crowd.

    The online response was swift and widespread, with many expressing disbelief and jealousy at the grand gesture. Some even jokingly asked if there were any open positions at the company.

    To put the generosity of the gift into perspective, in Taiwan, an iPhone 17 Pro Max currently retails for approximately US$1,425.

    Questions & Answers

    What did Nomura Holdings Taiwan gift to its employees at the year-end party?
    Each employee received an iPhone 17 Pro Max.

    Why did the company decide to give out such generous gifts?
    The gifts were given to express gratitude for the employees’ contributions throughout the year, particularly in light of the record-high growth in Taiwan’s stock market and strong profits across the investment industry.

    What was the reaction to the company’s gesture?
    The in-person and online reaction was one of shock and admiration. Some online commenters even jokingly asked if the company was hiring.

  • Vietnam Authorities Crackdown on Counterfeit Luxury Goods: Over 1,800 Fake Gucci, Hermes Items Seized

    Vietnam Authorities Crackdown on Counterfeit Luxury Goods: Over 1,800 Fake Gucci, Hermes Items Seized

    A significant crackdown operation in Vietnam resulted in the seizure of over 1,800 counterfeit luxury items, including fake Gucci glasses and Hermes watches. The operation targeted a store specializing in the sale of counterfeit branded merchandise.

    Vendor Fined for Counterfeit Goods

    The Market Surveillance Department in Quang Ngai Province revealed that a 35-year-old vendor in Tinh Khe Commune faced a hefty fine of VND102.5 million (US$4,200) for showcasing and selling 1,000 counterfeit Gucci glasses and 800 counterfeit Hermes watches. All seized items were confiscated and are slated for destruction.

    The authorities stated that the trademarks in question enjoy legal protection in Vietnam. The imposed penalties form part of a wider initiative to clamp down on the circulation of counterfeit, imitation, and substandard goods in local markets.

    Effects of Counterfeit Goods on the Market

    Market surveillance officials stressed that selling counterfeit branded items not only breaches intellectual property laws but also poses the risk of misguiding consumers and damaging the reputation and operations of genuine businesses.

    Additional Enforcement Operations

    In a separate enforcement initiative, a market surveillance team, in conjunction with the police, discovered a substantial amount of goods that lacked the necessary documentation. In one instance, a distributor was found in possession of 675 water filter cartridges branded as “A Qua” and “OCB” without any invoices or evidence of legal origin.

    Another business, engaged in the trading of electric bicycles and electric motorbikes, was flagged for violating labeling regulations, including the omission of compulsory details like manufacturing dates. The total value of the improperly labeled goods amounted to an estimated VND34.5 million.

    Strict Penalties for Commercial Fraud

    Market surveillance officers and local police appealed to businesses to sell only merchandise with verifiable origins and comprehensive documentation. They warned that commercial fraud for profit would be subjected to stringent penalties, and enforcement actions would only escalate.

    Questions & Answers

    What were the counterfeit items discovered in the operation?
    The operation uncovered over 1,800 counterfeit items, including 1,000 fake Gucci glasses and 800 counterfeit Hermes watches.

    What is the impact of selling counterfeit goods on the market?
    Selling counterfeit branded goods not only infringes on intellectual property laws but also risks misleading consumers and undermining the operations of legitimate businesses.

    What measures are being suggested to businesses to avoid legal issues?
    Market surveillance officers and local police encourage businesses to sell only goods with clear origins and complete documentation. Businesses are also urged to comply with labeling regulations.

  • Introducing PineDrama: TikTok’s Free, Ad-less Portal to Micro Drama Series, Now Live in the US

    Introducing PineDrama: TikTok’s Free, Ad-less Portal to Micro Drama Series, Now Live in the US

    For devotees of brief video content, the introduction of TikTok’s latest application focused on ‘micro dramas’ comes as exciting news. This new application is a development of TikTok’s commitment to fostering engagement and innovation in the realm of digital entertainment.

    Micro Dramas – The New Craze

    Micro dramas, also known as mini or vertical dramas, are swiftly gaining popularity in the mobile entertainment space. These dramas are segmented into brief episodes that typically last for around 60 to 90 seconds. This app, named PineDrama, has been launched in the United States and Brazil and is exclusively dedicated to this format.

    Unlike standalone videos, these mini series are designed to be viewed in order, drawing in the audience with numerous quick clips. In doing so, the potential for higher view counts increases dramatically, potentially reaching into the millions.

    Modern Day Soap Operas

    Drawing parallels with the global popularity of soap dramas several decades ago, micro dramas seem to be enjoying a similar resurgence. PineDrama tends to favor genres of romance and the supernatural, with common narratives revolving around love triangles, billionaires, vampires, and werewolves.

    One of their series, titled ‘Love at First Bite’, has already amassed 18 million views. The three most popular shows on the app have all garnered over 100 million views according to in-app counters, which speaks to the traction that this app is already gaining.

    Monetization Strategy

    Traditionally, the majority of micro drama platforms resort to aggressive monetization strategies, often involving viewer payments. In 2025, micro dramas were estimated to have generated $1.3 billion in the United States largely from these direct viewer payments.

    Typically, platforms like DramaBox and ReelShort offer a limited number of free episodes before implementing a paywall that can cost upwards of $20 a week. PineDrama is adopting a markedly different stance at its launch, allowing users to sign in with their existing TikTok accounts to access full series at no cost, with no advertisements or visible payment prompts.

    This lack of an advertising model or paywall implies that PineDrama may still be in the early stages of testing. It appears that, at least initially, TikTok is prioritizing user engagement over revenue generation.

    Questions & Answers

    What are micro dramas?
    Micro dramas, also known as mini or vertical dramas, are a rapidly growing format in mobile entertainment. They are brief episodic dramas that usually last for around 60 to 90 seconds.

    What kind of content does PineDrama focus on?
    PineDrama primarily focuses on romance and supernatural themes. Storylines often involve love triangles, billionaires, vampires, and werewolves.

    How does PineDrama plan to monetize its content?
    Unlike other platforms that use aggressive monetization tactics such as paywalls, PineDrama currently allows users to watch full series for free. This suggests that the platform is prioritizing user engagement over revenue generation during its initial phase.

  • Everstone Capital Sells $57M Stake in Burger King’s India, Indonesia Franchisee, Ajanta Pharma Founders to Invest

    Everstone Capital Sells $57M Stake in Burger King’s India, Indonesia Franchisee, Ajanta Pharma Founders to Invest

    Private equity firm Everstone is set to sell its entire stake, amounting to 11.26 per cent, in Restaurant Brands Asia, a franchisee operating in India and Indonesia for fast-food giant Burger King. Those familiar with the matter have confirmed that the deal will be announced soon.

    Equity Stake Valuation

    Everstone Capital’s stake, held via its investment arm QSR Asia Pte Ltd, is presently valued at USD 57 million, based on Refinitiv data. Meanwhile, the market capitalisation of Restaurant Brands Asia stands at USD 437 million in Mumbai.

    New Strategic Investor

    As part of the agreement, a new strategic investor will be introduced to Restaurant Brands Asia. The identity of this investor remains confidential at this point.

    Despite repeated attempts, both Everstone and Restaurant Brands Asia have opted to not comment on the matter.

    Pharma Founders as Potential Investors

    The family office of the founding members of Ajanta Pharma, an Indian pharmaceutical company, is reportedly taking a keen interest in this deal. The family office, which also operates in the restaurant business, is projected to invest up to INR 8 billion (equivalent to USD 88 million) into the company.

    No comment could be obtained from the representatives of the family office either.

    Although it’s unclear what percentage of the company Ajanta would acquire, it’s speculated that they may become the majority stakeholder over time as other shareholders divest their stakes.

    In a recent communication with Indian stock exchanges, Restaurant Brands Asia announced upcoming board meeting plans to discuss and evaluate possible fundraising options, although no further information was provided.

    Questions & Answers

    What is the current stake of Everstone in Restaurant Brands Asia?
    Everstone presently holds an 11.26 per cent stake in Restaurant Brands Asia.

    Who is speculated to be the new strategic investor?
    The family office of the founders of Ajanta Pharma is speculated to be the new strategic investor.

    How much is the family office of Ajanta Pharma expected to invest?
    They are expected to invest up to INR 8 billion (USD 88 million) into the company.

  • K-Beauty Powerhouse Lunabella Debuts in Europe with Glamorous Flagship Store in Paris

    K-Beauty Powerhouse Lunabella Debuts in Europe with Glamorous Flagship Store in Paris

    Korean beauty brand Lunabella has launched its inaugural European flagship store, W Lunabella, in Paris’ Le Marais district. This boutique is slated to be a comprehensive beauty solution center, offering not only cosmetics, but also bespoke consultations, styling, and curated dressing services.

    The Vision Behind the Store

    The company’s Founder and CEO Yumi has revealed that the ‘W’ in the store’s label signifies ‘wedding’. This is in line with her ambition to extend the long-lasting complexion usually associated with bridal beauty to a wider market. Yumi has spent seven years designing the brand, with a strong emphasis on skin health as the key foundation for resilient, effective makeup.

    Beyond Retail

    The Paris store is set to host cultural and experiential events in addition to its retail offerings. These will include Hanbok exhibitions and beauty workshops. Yumi describes W Lunabella as more than just a shopping destination. She envisions it as a haven designed for today’s woman to reestablish connection with her innate essence and rediscover her inherent, ageless radiance.

    Lunabella, established in 2009, is renowned for its makeup and skincare range designed for prolonged wear.

    Questions & Answers

    What does the ‘W’ in W Lunabella stand for?
    The ‘W’ represents ‘wedding’, symbolizing the company’s aim to bring the enduring complexion typically associated with bridal beauty to a broader clientele.

    What additional services will the W Lunabella store provide besides retail?
    Apart from retail, the store plans to host a range of cultural and experiential events such as Hanbok exhibitions and beauty workshops.

    What is Lunabella best known for?
    Lunabella is most recognized for its makeup and skincare products designed for extended wear.

  • Google Simplifies Safari-to-Chrome Switch on iOS: Seamless Browser Transition in Your Pocket

    Google Simplifies Safari-to-Chrome Switch on iOS: Seamless Browser Transition in Your Pocket

    Google has reportedly developed a new feature to simplify the process of switching from Safari to Chrome on iOS devices. This innovation should help to streamline what is often considered a complex and inconvenient task due to Apple’s stringent data protection measures.

    A New Tool for iOS Users

    Google is said to be in the process of creating a feature that allows individuals to transition from Safari to Chrome directly on their iPhone, negating the need for a desktop computer. This feature, referred to as the “Safari import” tool, utilizes the Export Browsing Data functionality of iOS.

    To use the new tool, individuals must first create a ZIP file containing their Safari data. Google Chrome provides a clear guide to assist users in this process:

    • Access Safari’s application settings
    • Select ‘Export Browsing Data’
    • Choose the specific data you wish to export
    • Save the created ZIP file to ‘Downloads’

    Once these steps are complete, Google provides an import feature that allows users to decide what data they wish to transfer. This includes passwords, bookmarks, browsing history, and credit card information, with all of the chosen data then stored in the user’s Google account.

    Improved User Experience

    A notable aspect of this new feature is that, once the import process is complete, Chrome issues a warning that the exported Safari file contains private data and presents the user with a swift option to erase it. The feature is currently part of Chrome’s latest beta for iOS, suggesting that it may be incorporated into the forthcoming public version of the browser.

    This development is expected to be well-received by users as the process of switching from Safari on mobile has traditionally been a daunting task, usually necessitating starting afresh with a new browser or resorting to the use of a computer.

    Questions & Answers

    What is Google’s new feature for iOS users?
    Google is reportedly developing a ‘Safari import’ tool that will simplify the process of switching from Safari to Chrome on iOS devices.

    How can users utilize the new tool?
    Users can utilize the new tool by creating a ZIP file of their Safari data, then using Google’s import feature to choose what data they want to transfer to Chrome.

    What happens after the import process is completed?
    Once the import process is completed, Chrome issues a warning that the exported Safari file contains private data and offers a quick option to delete it.

  • Revamp Unveiled: Discover the New Features in Google’s Updated Voice Search UI on Android

    Revamp Unveiled: Discover the New Features in Google’s Updated Voice Search UI on Android

    The user interface (UI) of Google’s Android voice search feature has recently undergone a transformation that might be refreshing to those who were not fond of the previous version. Earlier, when the microphone icon was tapped on the Google app, it led users to a page featuring a disembodied face. Since this voice search feature responded orally to user queries, the face’s mouth was designed to move in sync with Google’s vocal reply, which unsettled some users.

    A Digital Assistant Makeover

    In recent updates, the presence of Gemini, the new digital assistant, seemed to have replaced the unusual disembodied face. During the initial few weeks after introducing Gemini, the face disappeared. Despite Gemini performing all tasks previously assigned to Google Assistant, such as answering inquiries and setting alarms and timers, the face made a brief comeback in the new UI.

    Accessing Voice Search

    There is a multitude of ways for an Android user to access the voice search feature. The overhauled voice search UI now places the Google logo at the top center of the page, with a back button on the left and a three-dot overflow icon on the right. Users need to tap this icon to access the Voice settings. From here, the feature of Spoken Results can be activated, which will read out search results audibly. Users can also select from four distinct voices – Cosmo, Neso, Terra, or Cassini – to read out the results. Furthermore, they can select the preferred language for the voice search from a wide range of options. The dark theme too has witnessed an upgrade.

    Google’s voice search can be accessed by tapping the microphone icon within the Google Search widget on the home screen, by using the persistent Pixel Launcher search bar located at the bottom of the display on Pixel phones, or by saying “Hey Google,” if enabled.

    Revised Search Bar and Microphone Icon

    The use of the search bar and microphone icon for accessing voice search displays the previously mentioned disembodied face along with the word “Listening,” topped with a four-color arc. The new, enlarged “Search a song” button appears below the arc. This button opens a song search UI that prompts whether the user wants to “Play, Sing, Hum.” To top it all, there’s a shortcut to the Song Search history in the top right corner.

    Questions & Answers

    What changes have been brought to the Google’s Android voice search UI?
    The new UI has replaced the disembodied face with the Google logo, placed at the top center. The voice search settings can be accessed via the three-dot overflow icon on the right.

    How can Android users access the voice search feature?
    Users can access the voice search feature by tapping the microphone icon within the Google Search widget on the home screen, by using the persistent Pixel Launcher search bar, or by saying “Hey Google,” if this feature is enabled.

    What is the functionality of the “Search a song” button in the new UI?
    The “Search a song” button opens a song search UI that prompts whether the user wants to “Play, Sing, Hum.” It is also accompanied by a shortcut to the Song Search history.

  • CTG Duty Free Acquires DFS Retail Business, Expanding Luxury Travel Retail Footprint in Greater China

    CTG Duty Free Acquires DFS Retail Business, Expanding Luxury Travel Retail Footprint in Greater China

    DFS, the global luxury travel retailer owned by LVMH and co-founder Robert Miller, has announced that it will sell its retail business across Greater China to the China Tourism Group (CTG) Duty Free. The deal includes the acquisition of DFS’ businesses in Hong Kong, Macau, and Greater China.

    Acquisition of DFS Brands

    In addition to the business transactions, CTG Duty Free will also acquire a series of DFS brands and intellectual property rights for exclusive use within Greater China. The proceeds from this transaction will be paid in cash. Following this deal, DFS will continue its luxury travel retail operations worldwide.

    The Impact of the Deal on CTG Duty Free

    Luke Chang, executive director and president of CTG Duty Free, has expressed his belief that this move will extend CTG Duty Free’s service network across the Greater Bay Area. The aim is to construct a platform for promoting Chinese brands globally and establish an international business mid-platform. Chang added that CTG Duty Free is committed to providing superior travel retail experiences for both domestic and international tourists, and supporting the high-quality development of the retail economy in Hong Kong and Macau.

    DFS’ Statements on the Sale

    DFS views the sale as a significant move for the company. Chairman and CEO Ed Brennan stated that DFS is immensely proud of their established presence and operational excellence in Hong Kong and Macau. He expressed confidence that the DFS shopping experience will be enhanced by the new skills and perspectives that CTG Duty Free will bring to the table. Michael Schriver, president of LVMH for North Asia, said the move demonstrates LVMH’s faith in the long-term potential of the Chinese market.

    The deal is predicted to be finalized in approximately two months.

    Questions & Answers

    What businesses are included in the DFS and CTG Duty Free deal?
    DFS’ businesses in Hong Kong, Macau, and Greater China are included in the deal.

    What will happen to the DFS brands under the deal?
    CTG Duty Free will acquire a series of DFS brands and intellectual property rights for exclusive use in Greater China.

    What does this transaction mean for DFS?
    DFS views the sale as a crucial step for the company, expressing confidence that CTG Duty Free will bring new skills and perspectives that will enhance the DFS shopping experience.

  • Sweet Fusion: Mondelez Unveils New Cadbury Dairy Milk Biscoff Blend, Takes Australia By Storm

    Sweet Fusion: Mondelez Unveils New Cadbury Dairy Milk Biscoff Blend, Takes Australia By Storm

    Mondelez International has recently unveiled its latest offering, Cadbury Dairy Milk Biscoff, in a collaborative endeavour with Lotus Bakeries. This unique product presents a delightful blend of Cadbury Dairy Milk’s creaminess and the distinct crunchiness of Lotus Biscoff’s caramelised biscuit.

    Early Success

    The novel fusion of the two popular treats has generated significant consumer interest. Indeed, the much-anticipated product’s early success has seen the shelves of stores nationwide quickly clearing of the tasty chocolate blocks. Katrina Watson, a representative from Mondelez International, attests to the impressive reception of Cadbury Dairy Milk Biscoff.

    Local Production

    Mondelez International is proud to produce this unique chocolate variety right in Tasmania. The company further supports local Australian businesses by sourcing the sugar used in the chocolate bars from growers in Queensland. This commitment to local suppliers underscores Mondelez’s dedication to supporting and uplifting local communities.

    Where to Buy Cadbury Dairy Milk Biscoff

    Fans of Cadbury and Biscoff can find the Cadbury Dairy Milk Biscoff block, weighing 170g, in major retail outlets. If you’re looking for a smaller indulgence, a 70g bar is also available in convenience stores across Australia.

    Questions & Answers

    What is Cadbury Dairy Milk Biscoff?
    Cadbury Dairy Milk Biscoff is a new product launched by Mondelez International. It is a mixture of Cadbury Dairy Milk chocolate and Lotus Biscoff caramelised biscuit.

    Where is Cadbury Dairy Milk Biscoff produced?
    Cadbury Dairy Milk Biscoff is produced in Tasmania, Australia. The sugar used in its production is sourced from Queensland growers.

    Where can I buy Cadbury Dairy Milk Biscoff?
    The Cadbury Dairy Milk Biscoff block can be found in major retail stores, while a smaller 70g bar is available in convenience stores across Australia.