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Tag: expands

  • Zen Diamond Expands Footprint In India With Two New Stores In Bengaluru

    Zen Diamond Expands Footprint In India With Two New Stores In Bengaluru

    Zen Diamond, a worldwide jewellery retailer, has broadened its reach in India by inaugurating two additional stores in Bengaluru. This decision follows the brand’s successful introduction in Mumbai in the previous year.

    Expansion into South India

    Zen Diamond’s expanded presence is marked by the establishment of new outlets at the Phoenix Mall of Asia and Phoenix Marketcity. These locations represent the company’s initial expansion in South India, an area of increasing interest for the business.

    Neil Sonawala, Managing Director of Zen Diamond, expressed enthusiasm about this development, saying, “The Indian market has always been highly valued by our brand. The positive response we received from our Mumbai outlets was remarkably encouraging. With the inauguration of our two additional stores in Bengaluru, we’re excited about introducing Zen Diamond’s tradition of superior craftsmanship to the southern region of India.”

    Store Design and Services

    The brand’s new locations will be distinguished by a sophisticated decor featuring subdued grey color schemes, fluted panels, and stucco textures. These elements have been chosen to accentuate the company’s premium jewellery collection.

    To bolster customer trust and assurance, Zen Diamond will also offer Natural Diamond Certification within India.

    Rituu Mehhta, the Centre Director of Phoenix Mall of Asia, praised the launch of the Zen Diamond stores, stating, “The introduction of a globally recognized brand like Zen Diamond significantly enhances our retail portfolio.”

    Global Presence

    Zen Diamond has a substantial international presence, operating over 450 stores worldwide. Alongside its primary jewellery offerings, the company also sells accessories, including watches, pens, ties, and gold coins.

    Questions & Answers

    What led to Zen Diamond’s expansion into South India?
    The positive feedback and success from the company’s ventures in Mumbai encouraged them to expand to other parts of India.

    What unique features can customers expect in the new Bengaluru stores?
    The Bengaluru stores will be distinguished by their refined grey palettes, fluted panels, and stucco textures, all aimed to enhance the brand’s luxurious jewellery collection.

    What steps is Zen Diamond taking to improve customer trust in India?
    To increase consumer trust and confidence, Zen Diamond will provide Natural Diamond Certification in India.

  • Tokyo Streetwear Label 9090 Breaks Into Chinese Market, Championing 90s Nostalgia For Gen Z Shoppers

    Tokyo Streetwear Label 9090 Breaks Into Chinese Market, Championing 90s Nostalgia For Gen Z Shoppers

    Born and bred in Tokyo, the streetwear label 9090 has recently made its debut in the Chinese market. This expansion was facilitated via collaborations with Yutori Group and BranDNA, with the first step being the launch of a pop-up store in Shanghai.

    9090 is recognized for its unique fusion of a nostalgic 90s youth culture and contemporary streetwear design. The label’s distinct style is what sets it apart from the competition.

    BranDNA’s CEO, James Chen, attributes the introduction of this Japanese brand to the demands of China’s Gen Z consumers. He stated that these young shoppers are on the lookout for individuality, cultural depth, and affordable yet trendy fashion.

    Chen explained, “The rebellious spirit embodied by the 1990s deeply resonates with this generation. We believe that 9090 has the potential to set fresh trends in the market.”

    To further establish 9090’s presence in China, Yutori and BranDNA have plans to broaden the brand’s reach. These include opening more pop-up stores, forming retail partnerships, and pursuing collaborations, with the end goal being to make this brand more easily accessible to local consumers.

    BranDNA has previously successfully introduced over 40 international brands into the Chinese market, comprising top labels like 7 For All Mankind, BCBG Maxazria, Ben Sherman, Hydrogen, Body Glove, Dakine, Porsche Design, Bric’s, and Borghese.

    Questions & Answers

    What is the 9090 brand known for?
    The 9090 brand is renowned for its fusion of nostalgic 90s culture and modern streetwear aesthetics.

    Why did BranDNA introduce the 9090 brand to China?
    BranDNA CEO James Chen cited the demands of Gen Z consumers for personalized, culturally rich, and affordable trendy fashion as the reason behind the introduction of 9090 to the Chinese market.

    How do Yutori and BranDNA plan to expand 9090’s presence in China?
    The expansion plans include opening additional pop-up stores, establishing retail partnerships, and initiating collaborations to make the brand more available to local consumers.

  • Chobani Launches High-protein, No-added-sugar Fit Flip Yoghurt In Australia

    Chobani Launches High-protein, No-added-sugar Fit Flip Yoghurt In Australia

    Chobani, the popular yoghurt brand, has extended its product line in Australia with the introduction of its high-protein Greek yoghurt, Fit Flip, which comes with a crisp, crunchy side serving.

    High-Protein, Sugar-Free Yoghurt for Everyday Snacking

    The Fit Flip range from Chobani offers 16 grams of protein per serve, making it an ideal choice for those seeking a post-exercise recovery snack. It is also beneficial for anyone seeking a convenient and healthy snack option, with no added sugar.

    Delicious Flavour Combinations

    Fit Flip is being introduced in three exciting flavour combinations. The first is a combination of rich vanilla Greek yoghurt teamed with roasted almonds, crispy cocoa soy crisps, and dark chocolate with no added sugar.

    There’s also a tantalizing banana Greek yoghurt variant that comes with roasted peanuts, soy crisps and dark chocolate. Adding to the selection is a variant featuring salted caramel Greek yoghurt paired with coated peanuts, cocoa soy crisps, dark chocolate and choc fudge.

    Availability

    The new Fit Flip yoghurt range from Chobani is now on sale at Coles and Woolworths retail outlets across Australia.

    Questions & Answers

    What is the protein content of the new Fit Flip yoghurt range?
    The Fit Flip yoghurt range offers 16 grams of protein per serve.

    Are there any sugars added to the Fit Flip yoghurts?
    No, the Fit Flip yoghurts do not contain any added sugars, making them a healthier snack option.

    Where can the Fit Flip yoghurts be purchased?
    The Fit Flip yoghurts can be found at Coles and Woolworths stores in Australia.

  • Tarago Cheese Unveils Shadows Of White: A New Double Cream Brie With A Unique Flavor Profile

    Tarago Cheese Unveils Shadows Of White: A New Double Cream Brie With A Unique Flavor Profile

    Tarago Cheese, known for its Shadows series, has announced the launch of a new product named Shadows of White. This double cream brie will be available for purchase nationwide starting this month.

    Shadows of White: A New Addition to the Tarago Cheese Lineup

    Shadows of White is manufactured in Gippsland and boasts a mousse-like texture and a white mould rind, thanks to its unique production process. The brie is made using additional cream sourced from a local farm and is matured for a duration of four weeks through traditional methods.

    The flavour profile of Shadows of White is complex and intriguing. Among the flavors represented are straw, pine nuts, and a subtle tang, all rounded off with a soft, creamy finish. Designed with casual dining and cheese board additions in mind, this brie is best enjoyed with fresh bread, seasonal fruits, nuts, and white wine.

    Availability and Pricing

    Shadows of White will be made available in 150g cut-and-wrap wedges at a recommended retail price of $10. These will be available for purchase at Coles, Woolworths, and IGA. Additionally, 1.5kg wheels of the cheese will be sold at select delis and independent grocers, with an approximate price of $70 per kilogram.

    Historically, Tarago River Cheese became a part of Moondarra Cheese in 2023, paving the way for a greater variety of cheeses for consumers to enjoy.

    Questions & Answers

    What is the new product launched by Tarago Cheese?
    Tarago Cheese has introduced a new product named Shadows of White, which is a double cream brie.

    What unique flavors does Shadows of White boast?
    Shadows of White features notes of straw, pine nuts, and a slight tang, culminating in a soft, creamy finish.

    Where can consumers find Shadows of White for purchase?
    Shadows of White can be found in stores such as Coles, Woolworths, and IGA, as well as at selected delis and independent grocers.

  • Revolution In Audio Broadcasting: Expanding Auracast’s Compatibility And Real-world Applications

    Revolution In Audio Broadcasting: Expanding Auracast’s Compatibility And Real-world Applications

    In March, we introduced our readers to a Bluetooth technology known as Auracast. This innovative feature, designed for Bluetooth Low Energy (LE), empowers a singular audio source, such as a phone, to transmit a high-quality audio stream to a limitless number of Bluetooth receivers in proximity. Instead of the traditional one-to-one Bluetooth connection (e.g., your smartphone to a pair of Bluetooth earbuds), Auracast transforms your device into a broadcasting station capable of delivering a one-to-many signal.

    Auracast Support for Hearing Aids

    Six months ago, Google initiated support for hearing aids using Auracast with the release of the Pixel 9 series. This support featured several preset settings tailored to assist those who have hearing problems. Recently, Google expanded this list to include Sony headphones among the hearing aids and earbuds compatible with Auracast. Other notable inclusions in this list are the JBL Tour One M3, the Samsung Galaxy Buds 3 Pro, and the Sennheiser Accentum True Wireless.

    Phones with Auracast Capability

    Among the smartphones equipped with the ability to utilise Auracast for audio broadcasting are the Google Pixel 8 and later models, the Samsung Galaxy S23, S24, and S25 series, and the Galaxy Z Fold 5, Z Fold 6, and Z Fold 7. Certain Xiaomi and Poco phones unavailable via U.S. carriers are also outfitted with Auracast support.

    Practical Applications of Auracast

    Auracast proves to be particularly useful in public places, such as airports and train stations, where public announcements are common. It also offers a solution for shared listening experiences, like when you want a nearby friend to hear a song you’re enjoying. Instead of sharing an earbud, a practice some might find unsanitary, Auracast lets you transmit the song directly to your friend’s headphones, earbuds, or even a compatible hearing aid.

    Users can also share their audio with members of a nearby group equipped with compatible Bluetooth devices. Simply scanning a QR code or tapping their phone using Google’s Fast Pair allows these group members to tune into the broadcast.

    At present, this feature is available only on certain phone models and Bluetooth-enabled audio devices.

    Questions & Answers

    What is Auracast?
    Auracast is a feature for Bluetooth Low Energy (LE) that allows a single audio source to broadcast a high-quality audio stream to an unlimited number of Bluetooth receivers nearby.

    Which phones are compatible with Auracast?
    Phones that are compatible with Auracast include the Google Pixel 8 and later models, the Samsung Galaxy S23, S24, and S25 series, and the Galaxy Z Fold 5, Z Fold 6, and Z Fold 7. Certain Xiaomi and Poco phones also support Auracast.

    Where could Auracast be useful?
    Auracast could be particularly useful in public places like airports and train stations, where public announcements are common. It’s also handy for shared listening experiences, allowing you to broadcast a song you’re listening to a friend’s headphones, earbuds, or even a compatible hearing aid.

  • Aeon expands Vietnam footprint with first Mekong Delta shopping centre

    Aeon expands Vietnam footprint with first Mekong Delta shopping centre

    Japanese retail conglomerate, Aeon, is set to boost its footprint in Vietnam by launching its eighth shopping complex, Aeon Tan An, marking its first entry into the Mekong Delta region.

    Operational Launch and Location

    The center is slated to commence operations on September 23, before officially launching on October 4. The mall is strategically positioned in the administrative region of Tay Ninh province, located on the bustling Hung Vuong artery, in close proximity to the National Highway 1A and a mere 1km from the significant Ho Chi Minh City-Trung Luong Expressway.

    Community-Oriented Design

    The project embodies Aeon’s “Daily Community Park” concept, blending contemporary aesthetics with green spaces and a community-focused layout. To augment the natural ambience of the center, around 11,000 plants have been integrated throughout the complex, paired with spacious seating areas and an alfresco terrace.

    Tenant Profile and Facilities

    The new center will accommodate approximately 30 retailers, a significant 80% of which are making their debut in the Mekong Delta. The retail mix will be anchored by the Aeon General Merchandise Store and will feature a diverse range of outlets including fashion and sports stores, cafes, eateries, bookstores, a cinema, and various entertainment facilities.

    The company statement emphasized the vision of Aeon Tan An as more than just a shopping and entertainment hub, but as a place where people can naturally come together and connect on a daily basis. It further highlighted the opportunities for every family member to explore unique experiences, savor enjoyable moments in a contemporary shopping environment, and benefit from high-quality services and varied entertainment amenities.

    Aeon’s current portfolio includes shopping centers in major Vietnamese cities such as Ho Chi Minh City, Hanoi, Hai Phong, and Binh Duong.

    Questions & Answers

    What is Aeon’s new project in Vietnam?
    Aeon’s latest project in Vietnam is the Aeon Tan An shopping mall, which will be their eighth shopping center in the country and their first in the Mekong Delta region.

    What is the concept behind the design of Aeon Tan An?
    The design of Aeon Tan An embodies Aeon’s “Daily Community Park” concept, which combines modern design with green spaces and a layout focused on community engagement.

    What kind of facilities and stores can visitors expect at the new Aeon Tan An shopping mall?
    Visitors to the new Aeon Tan An shopping mall can expect a variety of outlets including fashion and sports stores, cafes, eateries, bookstores, a cinema, and various entertainment facilities.

  • Nestlé Expands Maggi Seasonings To Uk And Malaysia Amid Rising Global Air Fryer Trend

    Nestlé Expands Maggi Seasonings To Uk And Malaysia Amid Rising Global Air Fryer Trend

    In a strategic move to capitalize on contemporary culinary trends, global consumer goods conglomerate Nestlé has launched its renowned Maggi seasonings in the United Kingdom and Malaysia this year. This step is part of a wider global expansion strategy for the popular brand.

    Modern Cooking Trends

    Nestlé’s decision to introduce Maggi seasonings to new markets is a calculated response to the rising global popularity of air fryers, particularly in the United States. The company’s CEO, Laurent Freixe, has noted that nearly two-thirds of American households now use air fryers as part of their daily cooking routines. Nestlé’s expansion aims to cater to this shift in consumer lifestyle and preferences.

    New Air-Fryer Range

    The first range of products that Nestlé will bring to these new markets includes air-fryer recipes for chicken and vegetable wraps. These will feature a variety of flavors, such as ‘Cheesy’, ‘Paprika & Garlic’, and ‘Tex Mex’ for the chicken wraps, and ‘Fajita’, ‘Street Taco’, and ‘Kebab’ for the vegetable wraps.

    Prior and Future Launches

    The UK and Malaysia launches follow the brand’s earlier entry into the markets of Mexico and Chile. These new markets will also benefit from Maggi’s online platforms, which offer a range of air-fryer recipes that consumers can easily replicate at home.

    In a previous collaborative effort, Nestlé Professional and the KitKat team launched the first chocolate beverage maker, proving the company’s constant innovation in the food and beverage sector.

    Questions & Answers

    What is Nestlé’s reason for launching Maggi seasonings in the UK and Malaysia?
    The launch is a strategic move by Nestlé to cater to the rising popularity of air fryers in home cooking, particularly in the US.

    What products will Nestlé introduce in these new markets?
    Nestlé will introduce a range of air-fryer recipes for chicken and vegetable wraps with a variety of flavors.

    Has Nestlé launched Maggi seasonings in other markets before?
    Yes, prior to the UK and Malaysia launches, the Maggi brand was introduced in Mexico and Chile.

  • Celsius Celebrates First Aussie Anniversary With New Sparkling Mango Lemonade Flavor

    Celsius Celebrates First Aussie Anniversary With New Sparkling Mango Lemonade Flavor

    This year, Celsius, the Swedish energy drink brand, is celebrating its first anniversary in the Australian market by launching a new flavor, Sparkling Mango Lemonade.

    Sparkling Mango Lemonade: A Fusion of Flavors

    The newly introduced Sparkling Mango Lemonade merges the exotic taste of mango with the tanginess of lemonade, resulting in a refreshing and invigorating beverage. As with all Celsius products, this new concoction is not only delicious but also health-conscious, containing B vitamins and being entirely free of sugar.

    As described by Andrew Brooks, the head of marketing for ANZ at Celsius, the Sparkling Mango Lemonade encapsulates the essence of summer. “Whether you’re pursuing the warm sun or in search of a tropical boost, this flavor imbues the vivacity and vitality required to keep moving,” he said.

    Nationwide Availability

    For those eager to try this new offering, the Celsius Sparkling Mango Lemonade is conveniently available in convenience stores, service stations, and Woolworths outlets across Australia. The suggested retail price of this new flavor is $4.

    Questions & Answers

    What is the new flavor introduced by Celsius in Australia?
    The company has launched a new flavor, Sparkling Mango Lemonade, to mark its first anniversary in the Australian market.

    What are the unique features of this new flavor?
    The Sparkling Mango Lemonade combines the taste of mango and lemonade. It also includes B vitamins and is completely sugar-free.

    Where can one buy Celsius Sparkling Mango Lemonade in Australia?
    The drink is available at convenience stores, service stations, and Woolworths stores nationwide.

  • Pepsico Expands Australian Snack Portfolio With Smith’s Crackers And Mini Canisters

    Pepsico Expands Australian Snack Portfolio With Smith’s Crackers And Mini Canisters

    PepsiCo is diversifying its snack offerings in Australia by launching two new formats: Smith’s Crackers and Mini Canisters. These new products are expected to add variety and cater to consumer preferences for diverse flavours and convenient sizes.

    Smith’s Crackers: A New Take on a Classic

    Smith’s Crackers present a fresh twist on PepsiCo’s classic chip offerings. These oven-baked snacks come in a variety of flavours to satisfy diverse taste preferences. The available flavours include Cheddar Cheese, Barbecue, Salt & Vinegar, Sour Cream & Onion, and Crispy Chicken. With this range, PepsiCo is betting on a combination of familiar flavours and a new snack format to appeal to consumers.

    Mini Canisters: A Compact Format for Popular Snacks

    In addition to the Smith’s Crackers, PepsiCo is also launching Mini Canisters. These compact containers host smaller-sized versions of four popular snack brands. The selection includes Doritos Cheese Supreme, Cheese Twisties, Grain Waves Sour Cream & Chives, and Cheetos Cheese & Bacon. This new format caters to consumers who prefer snack-sized portions and appreciate the convenience of resealable containers.

    Alexia Horley, CEO for ANZ Foods at PepsiCo, expressed the company’s excitement for the introduction of these innovative offerings. She stated, “We think it’s time to shake up the category, with these new snack formats.”

    Availability and Pricing

    The new Smith’s Crackers and Mini Canisters are now available for purchase in supermarkets across Australia. Smith’s Crackers are set at a recommended retail price (RRP) of $4, while the Mini Canisters are priced at $5.50.

    Questions & Answers

    What are the new snack offerings introduced by PepsiCo in Australia?
    PepsiCo has launched two new snack formats in Australia: Smith’s Crackers and Mini Canisters.

    What flavours are available for Smith’s Crackers?
    Smith’s Crackers offer a range of flavours including Cheddar Cheese, Barbecue, Salt & Vinegar, Sour Cream & Onion, and Crispy Chicken.

    What snack brands are included in the Mini Canisters?
    The Mini Canisters contain smaller versions of four popular snack brands: Doritos Cheese Supreme, Cheese Twisties, Grain Waves Sour Cream & Chives, and Cheetos Cheese & Bacon.

  • Lindt Expands Dubai-styled Chocolate Collection With Two New Middle Eastern-inspired Offerings

    Lindt Expands Dubai-styled Chocolate Collection With Two New Middle Eastern-inspired Offerings

    Lindt, the renowned chocolate maker, has announced its latest additions to the Dubai-styled chocolate collection, introducing two new formats to the market. These new offerings, a nine-piece praline box and a stand-alone chocolate bar, promise to extend the allure of Lindt’s signature blend of Middle Eastern flavors.

    The Middle Eastern Inspired Collection

    Drawing inspiration from aromas and tastes of the Middle East, the Dubai-styled collection includes a combination of crunchy Kadayif and rich pistachio cream. The unique blend has been well-received by consumers since its initial introduction, signifying a positive response and preference for these flavorful Middle Eastern infusions.

    The company explained that the intention behind these new additions is to provide chocolate enthusiasts with more opportunities to enjoy this trending taste. The aim is not only to diversify Lindt’s range but also to offer consumers more ways to experience and appreciate the unique blend.

    Product Availability and Pricing

    The newly launched products are available at retail prices of $26 for the nine-piece praline box and $8 for the 100g chocolate bar. Chocolate lovers can purchase these treats at Lindt chocolate stores across the country as well as online.

    Questions & Answers

    What flavors are incorporated in Lindt’s Dubai-styled chocolate collection?
    The Dubai-styled chocolate collection is inspired by Middle Eastern flavors. It includes a unique blend of crunchy Kadayif and rich pistachio cream.

    What are the new additions to the Lindt’s Dubai-styled chocolate collection?
    The latest additions to the Lindt’s Dubai-styled chocolate collection include a nine-piece praline box and a stand-alone chocolate bar.

    Where can these new Lindt products be purchased?
    The newly introduced Lindt products can be purchased at Lindt chocolate stores nationwide and are also available for purchase online.

  • Raw C Launches 1l Chocolate-infused Coconut Water: A Healthier Alternative Now Available At Woolworths

    Raw C Launches 1l Chocolate-infused Coconut Water: A Healthier Alternative Now Available At Woolworths

    Raw C, the well-known coconut water brand, has recently introduced a larger 1-litre variant of its Chocolate-Infused Coconut Water, building upon its original 325ml can offering. This innovative product, initially released in April, skillfully combines Raw C’s single-origin coconut water with delectable cocoa and smooth coconut cream.

    Raw C’s decision to introduce the larger format has been driven by an escalating consumer demand for their product. The brand’s Chocolate Coconut Water offers a healthier alternative to regular chocolate milk, with less fat and sugar content. In fact, it boasts up to three times less fat and over 70 per cent less sugar than traditional chocolate milk options.

    Endorsing the brand’s clean-label ethos, the Chocolate Coconut Water is dairy-free, vegan, gluten-free, non-GMO, and free of artificial additives. This ensures that consumers are offered a product that is not only delicious but also aligns with their health and dietary needs.

    In a significant development, the new 1L variant of Raw C’s popular offering is now available for purchase at Woolworths stores across the country.

    Questions & Answers

    What is the new product expansion from Raw C?
    Raw C has introduced a 1-litre version of its Chocolate-Infused Coconut Water, adding to its previous 325ml can offering.

    What makes Raw C’s Chocolate Coconut Water a healthier alternative?
    The brand’s Chocolate Coconut Water contains up to three times less fat and over 70 per cent less sugar than traditional chocolate milk. It is also dairy-free, vegan, gluten-free, non-GMO, and free of artificial additives.

    Where can the new 1L format of Raw C’s Chocolate-Infused Coconut Water be purchased?
    The new larger variant of Raw C’s product is now available nationwide in Woolworths stores.

  • Chow Sang Sang Joins Forces With Nuvei For North American Market Expansion

    Chow Sang Sang Joins Forces With Nuvei For North American Market Expansion

    Hong Kong’s renowned luxury jewellery brand, Chow Sang Sang, has announced its foray into the North American market. This expansion is made possible through a strategic partnership with Nuvei, an international payments company.

    Genevieve Chow, the Chief Brands Officer at Chow Sang Sang, shed light on the decision to collaborate with Nuvei. She explained that the company was chosen for its localised, secure and seamless payment system. “As we embark on our international expansion, particularly targeting North America, it’s crucial for us to have a payments partner that upholds our commitment to excellence,” she said.

    Nuvei’s platform is set to provide Chow Sang Sang with opportunities to penetrate into 50 markets. It also extends support for over 150 currencies and 720 alternative payment methods. This comprehensive system directly connects to global card networks, enhancing the approval rates and minimising payment friction.

    “Nuvei’s cutting-edge technology, local expertise, and global reach equip us to provide the premium experience our customers anticipate, both online and in-store,” Chow further stated.

    Nuvei’s recent attainment of a Money Services Operator (MSO) license in Hong Kong strengthens its position. The license enables Nuvei to offer local acquiring and settlement services in the market. This significant move supports Nuvei’s broader expansion goals in the Asia-Pacific region, including Greater China, Japan, Singapore and Australia.

    Phil Fayer, CEO of Nuvei, expressed his outlook on the partnership with Chow Sang Sang. He said, “Luxury brands like Chow Sang Sang are destined for global growth. With our MSO license and the expanding footprint in the APAC region, we’re excited to support the region’s most promising companies with payment technology designed for scalability.”

    Chow Sang Sang is a significant player in the luxury jewellery market, operating over 900 self-run stores spread across Mainland China, Hong Kong, Macau, and Taiwan. Its portfolio includes notable brands such as Chow Sang Sang, Promessa, MintyGreen, and Emphasis.

    Questions & Answers

    What is the significance of Chow Sang Sang’s partnership with Nuvei?
    The partnership enables Chow Sang Sang to expand its operations into North America, backed by Nuvei’s seamless and secure payment system.

    What advantages does Nuvei’s platform offer to Chow Sang Sang?
    Nuvei’s platform provides access to 50 markets, supports over 150 currencies and 720 alternative payment methods, and directly connects with global card networks, improving approval rates and reducing payment friction.

    What does Nuvei’s recent acquisition of a MSO license mean for the company?
    The MSO license empowers Nuvei to offer local acquiring and settlement services in the Hong Kong market, supporting its broader expansion in the Asia-Pacific region.

  • Paramount Secures 28% Stake In Envictus International For $29.5m In Strategic Diversification Move

    Paramount Secures 28% Stake In Envictus International For $29.5m In Strategic Diversification Move

    Paramount, a Malaysian property developer, is preparing to secure a 28% share in Envictus International, a firm managing both Texas Chicken and San Francisco Coffee within Malaysia, with an investment of approximately US$29.5 million.

    Details of the Acquisition

    This acquisition would have Venice Concepts, a wholly-owned subsidiary of Paramount, purchase around 85.17 million shares constituting the 28% stake in Envictus International, currently listed on the Singapore Exchange. The shares would be directly acquired from JAG Capital.

    Envictus International has a diversified presence across various sectors. Besides its operations managing quick-service and coffee chains, the company also engages in trading and the frozen food business through Pok Brothers. Additionally, it has a dairy division marketing the SuJohan creamer brand.

    Paramount’s Current Holdings and Future Growth Strategy

    Paramount already has ownership of two restaurants within Kuala Lumpur – Dewakan and Bidou – that were recently inaugurated. This acquisition marks a strategic move supporting Paramount’s efforts to future-proof its business through investments in alternative sectors.

    According to Jeffrey Chew Sun Teong, Group CEO of Paramount, this acquisition is a step towards diversifying the company’s earnings base. He voiced his optimistic view of the evergreen Food & Beverage (F&B) sector and highlighted the potential it holds for Paramount’s growth.

    This investment in Envictus International is Paramount’s second significant financial move since the previous year, when it acquired a 21.54% stake in EWI Capital for a sum of $39.9 million.

    Questions & Answers

    What is the expected impact of Paramount’s acquisition of a stake in Envictus International?
    The acquisition is expected to help Paramount diversify its earnings base and invest in the evergreen F&B sector.

    What does Envictus International do?
    Envictus International operates Texas Chicken and San Francisco Coffee in Malaysia. Besides its quick-service and coffee chains, the company also manages a trading and frozen food business via Pok Brothers, and markets the SuJohan creamer brand through a dairy division.

    What was Paramount’s major financial move last year?
    In the previous year, Paramount made a significant investment by acquiring a 21.54% stake in EWI Capital for $39.9 million.

  • Iconsiam Expands Luxury District With Addition Of High-end Brands Amid Rising Luxury Goods Demand

    Iconsiam Expands Luxury District With Addition Of High-end Brands Amid Rising Luxury Goods Demand

    Bangkok’s premier shopping destination, IconSiam, has announced the addition of four high-end brands to its luxury district. These additions are part of the mall’s strategic initiative to capitalize on the rising demand for luxury goods among both locals and tourists.

    New Luxury Brands at IconSiam

    The labels joining the IconLuxe fashion district are Balenciaga, Fendi, Loewe, and Loro Piana. IconLuxe is a dedicated 25,000sqm zone that offers visitors a curated collection of 30 international fashion, watch, and accessory brands.

    IconSiam’s Managing Director, Supoj Chaiwatsirikul, stated that Thailand continues to be a strategic hub for worldwide luxury brands looking to make their debut in the region. He added that IconSiam has been successful in gaining the trust of some of the world’s most prestigious luxury brands. These brands recognize the potential of Thailand and Southeast Asia as key markets for high-end consumers.

    “International tourists, in particular, are seeking premium, distinctive experiences,” Supoj continued.

    Future Brands and Collaborations

    Supoj also revealed that more brands, including Burberry, Miu Miu, and Giorgio Armani, will be joining the precinct later this year. He confirmed that IconSiam will continue to work closely with brands to host pop-ups featuring exclusive collections, in-store private events, international fashion shows, and contemporary art exhibitions.

    “IconSiam is not just a shopping mall; it’s a platform that connects global luxury brands with discerning consumers in the region,” he explained. According to Supoj, IconSiam’s mission is to provide exceptional, unique experiences. The business model successfully combines the best of Thailand with the world’s finest offerings, all while promoting Thailand’s cultural identity.

    IconSiam is a collaborative venture between Siam Piwat Group, Charoen Pokphand Group, and Magnolia Quality Development Corporation.

    Questions & Answers

    What are the new brands joining the IconLuxe fashion district at IconSiam?
    Balenciaga, Fendi, Loewe, and Loro Piana have been added to the IconLuxe tenant list.

    What is IconSiam’s strategy for attracting luxury brands and consumers?
    IconSiam’s strategy is to offer a platform for luxury brands to reach high-spending consumers in the region. They do this by providing unique shopping experiences and hosting exclusive events, international fashion shows, and contemporary art exhibitions.

    What is the future plan for IconSiam’s luxury precinct?
    More high-end brands, including Burberry, Miu Miu, and Giorgio Armani, will join the precinct later this year. IconSiam will continue to collaborate with brands to host a variety of exclusive events and exhibitions.

  • Fixx Nutrition Penetrates Us Market With Exclusive Distribution Deal With The Feed

    Fixx Nutrition Penetrates Us Market With Exclusive Distribution Deal With The Feed

    Australian sports nutrition brand, Fixx Nutrition, has recently entered into an exclusive distribution agreement with the US-based e-commerce platform, The Feed. This partnership marks a significant stride in Fixx Nutrition’s global expansion strategy.

    Accessing a New Market

    Under this partnership, Fixx Nutrition will be able to tap into a vast endurance nutrition market. Its range of all-natural performance products will be made available to a broader audience of American athletes.

    Co-founder of Fixx Nutrition, Jan Buchegger, expressed his excitement about the partnership, stating it as one of the most important milestones for the company since its inception. The sole reason being it opens up access to the world’s single largest marketplace for endurance athletes, namely, the United States.

    Buchegger also anticipates a surge in Fixx Nutrition’s growth and sales figures due to this agreement. The brand expects to cater to a new wave of demand originating from the US market.

    About Fixx Nutrition

    Established in 2017 by Jan and Michelle Buchegger, Fixx Nutrition has gained considerable recognition for its standout product, CrampFix. This product offers swift and natural relief from muscle cramps. Fixx Nutrition’s product range is favored by many high-profile teams and athletes worldwide, including the New Zealand and England cricket teams, the Wallabies, the Springboks, and athletes participating in triathlon, cycling, AFL, and running disciplines.

    In the previous year, the company extended its Fuel X range by introducing three summer-inspired flavors: Raspberry, Wild Berry, and Orange.

    Questions & Answers

    What does the partnership between Fixx Nutrition and The Feed entail?
    The partnership allows Fixx Nutrition access to The Feed’s extensive US-based market, which is one of the largest endurance nutrition markets globally.

    What impact will this partnership have on Fixx Nutrition’s brand growth?
    This partnership is anticipated to significantly increase Fixx Nutrition’s growth and sales as it enables the brand to tap into new demand from the US market.

    What is Fixx Nutrition’s signature product?
    Fixx Nutrition’s flagship product is CrampFix, which offers quick and natural relief from muscle cramps.