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  • Grab Defies Fuel Crisis with Double-Digit Growth: Record Earnings and Soaring Demand in Q1

    Grab Defies Fuel Crisis with Double-Digit Growth: Record Earnings and Soaring Demand in Q1

    Singapore-based Grab Holdings kicked off the new financial year on a high note, reporting double-digit growth in its first-quarter revenue and earnings, reflecting the company’s robust resilience in the face of market fluctuations.

    Impressive First-Quarter Results

    Grab’s revenue for the first quarter, ending March 31, climbed by 24%, amounting to US$955 million. This represents a 19% increase when considered on a constant currency basis.

    The gross value of the company’s on-demand merchandise, a key indicator of transactions from Grab’s mobility and delivery branches, also witnessed a significant jump. It surged by 24% according to reported figures and 21% on a constant currency basis.

    The firm recorded a striking 46% increase in its Adjusted EBITDA, reaching a record-setting figure of $154 million. Profits also displayed an upward trend, going from $10 million in the previous year to $120 million.

    Grab’s Group CEO and Co-founder, Anthony Tan, attributed these strong outcomes to the resilience of the company’s platform, particularly in the face of Southeast Asia’s unpredictable macroeconomic climate, which is currently grappling with a fuel crisis.

    Supporting Driver-Partners Amid Rising Fuel Prices

    Grab acknowledged an increase in its on-demand incentives during the quarter. This move was taken to bolster the earnings of driver-partners as fuel costs across the region spiral upwards. It also aimed to cater to the increased demand during the festive season.

    Segment-Wise Performance

    Looking at the performance of different sectors, the delivery revenue witnessed a 23% surge, totaling $510 million. The mobility revenue increased by 19%, amounting to $337 million. The financial services sector also saw a boost in revenue, with a 43% rise that led to $107 million.

    Outlook for the Full Year

    For the upcoming year, Grab maintains its revenue forecast, predicting a figure between $4.04 billion and $4.10 billion, indicating a 20-22% rise. The Adjusted EBITDA is also expected to grow by 40-44%.

    As the company moves forward, it reaffirms its commitment to ensuring durable, profitable growth while standing in solidarity with its communities. According to Tan, the company plans to leverage AI to deliver hyper-personalized experiences for users while creating more sustainable earning opportunities for ecosystem partners.

    Expansion Beyond Southeast Asia

    Earlier this year, Grab made its debut outside Southeast Asia by acquiring Delivery Hero’s Foodpanda business in Taiwan for $600 million.

    Questions & Answers

    What was Grab’s first-quarter revenue?
    Grab’s revenue for the first quarter was US$955 million, representing a 24% increase.

    What steps has Grab taken to support its driver-partners amid the fuel crisis?
    Grab has increased its on-demand incentives to bolster the earnings of driver-partners affected by rising fuel costs.

    What are Grab’s revenue predictions for the upcoming year?
    Grab estimates its revenue to be between $4.04 billion and $4.10 billion, indicating a 20-22% rise.

  • PepsiCo NZ Revolutionizes Snack Game with Mini Canisters and Bluebird Crackers: Trustworthy Brands in Exciting New Formats

    PepsiCo NZ Revolutionizes Snack Game with Mini Canisters and Bluebird Crackers: Trustworthy Brands in Exciting New Formats

    PepsiCo New Zealand has announced the addition of two innovative product offerings to its popular snack portfolio. The new product lines include Bluebird-branded crackers and a ‘Mini Canister’ range, marking a significant shift in the company’s strategy as they move their existing flavour profiles across varied food categories and packaging formats.

    Product Rollout

    The new additions consist of two distinctive formats: Mini Canisters priced at an RRP of NZ$4.99 and Bluebird Crackers at an RRP of $3.79. The Mini Canisters comprise smaller versions of fan-favourite snacks such as Doritos Cheese Supreme, Grain Waves Sour Cream & Chives, and Cheetos Cheese & Bacon, all conveniently packaged in portable containers.

    On the other hand, the Bluebird Crackers consist of oven-baked biscuits. They’ve been designed to incorporate flavours previously unique to the company’s potato chip range. These flavours include Cheddar Cheese, Salt & Vinegar, Sour Cream & Chives, and Crispy Chicken.

    Both the Mini Canister and Bluebird Cracker ranges will be made available throughout major supermarkets across the country, offering consumers wide access to these new snack options.

    Meeting Consumer Needs

    Lee Kent, GM of NZ Foods at PepsiCo, shared insights about the new product launches. According to Kent, the company’s latest offerings reflect the preferences of Kiwi consumers who value choice, convenience, and the trust they place in familiar brands that continue to innovate.

    Kent further expressed PepsiCo’s commitment to growing its snack category through these new products. The ultimate goal, he shared, is to continue introducing fresh, relevant innovations that meet and exceed consumer needs and expectations.

    Questions & Answers

    What are the new product lines PepsiCo New Zealand has introduced?
    PepsiCo New Zealand has launched two new product lines – Bluebird-branded crackers and a ‘Mini Canister’ range.

    What does this expansion indicate for the company?
    This expansion marks a shift in the company’s strategy as they move their existing flavour profiles across different food categories and packaging formats.

    Where will the new snack ranges be available?
    Both the Mini Canister and Bluebird Cracker ranges will be distributed through major supermarkets nationwide.

  • Bonia Transforms Shopping Experience with Innovative Store Design in Kuala Lumpur

    Bonia Transforms Shopping Experience with Innovative Store Design in Kuala Lumpur

    Malaysia’s lifestyle brand Bonia has launched a flagship store in Kuala Lumpur, revealing a unique retail concept that combines customer engagement and innovative spatial design.

    Exterior and Interior Design

    The new store boasts a colonnade-style exterior adorned with red brick tiles, reminiscent of traditional street architecture. Inside, the space showcases a layout composed of four interconnected rooms, each revolving around a major display area. This design offers a more immersive and easily navigable shopping experience to the customers.

    Distinct Functional Spaces

    Each room within the store is assigned a unique function. Some of the areas draw inspiration from different environments, such as a library, dressing room, and lounge. The transition between these distinct spaces is marked by varying color schemes, including hues of red, orange, and terracotta.

    A New Retail Concept

    Bonia’s concept aims to make the retail environment more interactive. This is achieved by merging product presentations with flexible design elements. The brand’s focus on creating a dynamic and engaging retail experience is clearly reflected in this innovative approach.

    The opening of the Kuala Lumpur store comes in the wake of Bonia’s international expansions, notably in Vietnam. However, the company had to withdraw a joint venture in the country earlier, following a provision for losses amounting to US$1.3 million.

    Questions & Answers

    What is the unique concept of Bonia’s new store in Kuala Lumpur?
    The store integrates customer engagement with innovative spatial design, creating a dynamic and immersive shopping experience.

    How is the interior of the Bonia store structured?
    The store’s interior comprises four interconnected rooms, each assigned a unique function and theme. The rooms are designed to resemble a library, dressing room, and lounge, among others.

    What led to Bonia’s earlier withdrawal from a joint venture in Vietnam?
    Bonia had to exit a joint venture in Vietnam due to a provision for losses which amounted to US$1.3 million.

  • HSBC Breaks New Ground with Hong Kong’s First Bank-Issued Stablecoin

    HSBC Breaks New Ground with Hong Kong’s First Bank-Issued Stablecoin

    The Hongkong and Shanghai Banking Corporation Limited, a subsidiary of HSBC, has been granted a license to issue stablecoins by the Hong Kong Monetary Authority (HKMA), marking a significant foray into the regulated digital asset space. The bank intends to introduce a Hong Kong dollar-denominated stablecoin by the latter half of 2026, becoming one of the first major global lenders to issue a regulated digital currency for retail use within the city.

    Fully Backed, Regulated Digital Currency

    HSBC has revealed that each unit of the upcoming stablecoin will be fully backed by high-quality liquid assets stored in segregated accounts. This structure is designed to preserve price stability and guarantee redemption at par value. Notably, the bank has emphasized its commitment to rigorous financial crime compliance standards, in line with regulators’ increased focus on security and transparency in digital assets. This development comes amidst Hong Kong’s efforts to fast-track its position as a premier hub for digital finance. This is apparent in the HKMA’s regulatory framework, geared towards legitimizing stablecoins while simultaneously mitigating systemic risks.

    Integration Into Everyday Banking

    HSBC’s stablecoin will be directly incorporated into two of their most popular platforms: PayMe, the bank’s widely-used peer-to-peer payment application, and the HSBC Hong Kong mobile banking application. This move indicates a strategic push towards integrating digital assets into mainstream financial activities, opposed to treating them as niche investment products. PayMe currently boasts over 3.3 million users, while active users on the HSBC HK App have risen by 20% year-on-year, following a recent redesign.

    Questions & Answers

    What is the purpose of the stablecoin that HSBC plans to issue?
    The objective of the stablecoin is to integrate digital assets into mainstream financial activities. This will be achieved by incorporating the stablecoin into HSBC’s most popular platforms, PayMe and the HSBC Hong Kong mobile banking application.

    How will the HSBC stablecoin maintain its value?
    Each unit of the stablecoin will be fully backed by high-quality liquid assets held in segregated accounts. This structure is designed to maintain price stability and ensure redemption at par value.

    How is HSBC’s move to issue a stablecoin significant?
    HSBC’s move to issue a stablecoin marks a significant step into the regulated digital asset space. It positions the bank as one of the first major global lenders to issue a regulated digital currency for retail use, signifying a strategic shift in the financial industry towards digital finance.

  • Chinese Dining Chains Spice Up South Korea’s Restaurant Scene with Explosive Growth

    Chinese Dining Chains Spice Up South Korea’s Restaurant Scene with Explosive Growth

    Chinese restaurant chains are accelerating their growth in South Korea, capturing customers in the major tourist regions of Seoul with genuine Chinese food. This development is fueled by a boost in sales.

    Emerging Leaders in the Industry

    Among the most rapidly developing contenders is the hot pot franchise Tanghuo Kungfu Malatang. Since the inauguration of its initial franchised store in Suwon in 2012, the chain has expanded exponentially, boasting over 560 locations in South Korea as of the end of March. These locations encompass both franchised and company-managed stores.

    Tanghuo Kungfu Korea reported an impressive KRW22.2 billion (US$14.7 million) in revenue in 2024, an increase of 21% from the previous year. The company’s operating profit skyrocketed elevenfold to KRW10.5 billion during the same timeframe.

    Now, the company’s establishments are primarily located in the main tourist hotspots of Seoul, such as Gangnam Station, Myeong-dong, Hongdae, Seongsu, and Daehangno.

    The company is also offering incentives for new partners by exempting franchise, training, and royalty fees and providing free serving bowls.

    A spokesperson for Tanghuo Kungfu Korea stated, “As the malatang market in Korea continues to grow, we aim to appeal to potential entrepreneurs and share with them our brand’s operational expertise and practical support benefits. We look forward to active involvement by local restaurant owners so we can jointly spearhead malatang’s market growth here.”

    Other Key Players

    Other Chinese brands are also on the rise. The hot pot chain Haidilao reported sales of over KRW100 billion last year, a significant increase compared to KRW78.1 billion in 2024. The brand, recognized for offering customers complimentary nail art services and entertainment shows, has grown to ten locations since its introduction into South Korea in 2024.

    Bantianyao Grilled Fish has established six outlets since it entered the market in 2020, while Haihai Kaochuan, a skewer barbecue chain managed by Haidilao, inaugurated its first Seoul outlet in Myeong-dong this past January.

    These restaurant chains are emulating the expansion strategy of major Chinese tea brands, which have demonstrated their success in China with thousands of stores. Their push into South Korea is a strategic move, given that China’s domestic market is nearing saturation.

    Milk tea brand Chagee announced plans to launch three outlets in Seoul by the end of June, marking its first expansion into East Asia outside China. Other brands, such as Chabaido, HeyTea, and Mixue, are also extending their reach in the country.

    Market Outlook

    Market analysts regard South Korea as a desirable entry point for global expansion, attributing its appeal to the country’s significant cultural influence through trends like K-pop, K-food, and K-beauty. This positions the country as an ideal testing ground for new brands prior to broader international deployment.

    Questions & Answers

    What are some Chinese restaurant chains expanding in South Korea?
    Some Chinese restaurant chains expanding in South Korea include Tanghuo Kungfu Malatang, Haidilao, Bantianyao Grilled Fish, and Haihai Kaochuan.

    What strategies are these chains employing for their expansion?
    These chains are waiving franchise, training, and royalty fees for new partners, providing complimentary offerings, and focusing on locations in major tourist areas. They are also following the successful expansion strategies of Chinese tea brands.

    Why is South Korea considered an attractive market for these expansions?
    South Korea is considered an attractive market due to its strong cultural influence and trends such as K-pop, K-food, and K-beauty. These aspects position the country as a potential testing ground for brands before broader international rollout.

  • Jollibee Amplifies Asian Footprint with Hot Pot Acquisition and Compose Coffee Expansion

    Jollibee Amplifies Asian Footprint with Hot Pot Acquisition and Compose Coffee Expansion

    Jollibee Foods Corporation (JFC) is accelerating its expansion across Asia with the purchase of a South Korean hot pot buffet chain and the impending introduction of a rapidly expanding Korean coffee brand into the Philippines.

    Acquisition of Shabu All Day

    JFC has secured a 70% majority stake in All Day Fresh Co, the company that operates Shabu All Day, through its subsidiary Jolli-K Co. Shabu All Day, established in 2014, has since blossomed into a chain of 169 stores throughout South Korea, acquired for an approximate total of $87 million.

    Growth in Beverage and Dining Segments

    Already part of JFC’s Korean platform is the coffee chain Compose Coffee. This diversifies the corporation’s portfolio, enabling it to have a presence in both beverage-led and full-service dining sectors.

    Introduction of Compose Coffee to the Philippines

    JFC is set to bring Compose Coffee to Philippine consumers under a master franchise agreement via its subsidiary Fresh N’ Famous Foods. Initial stores are expected to commence operations later in the year. Compose Coffee, founded in Busan in 2014, has undergone rapid growth to almost 3000 stores, establishing itself as one of Korea’s top value-oriented coffee chains. In 2024, JFC obtained a 70% stake in the coffee chain. This move is part of JFC’s ongoing efforts to make inroads into the rapidly growing coffee and tea segment, where it already operates brands such as Highlands Coffee, The Coffee Bean & Tea Leaf, and Milksha.

    Company Growth Amid Record Sales

    JFC has reported record preliminary systemwide sales of ₱122.3 billion (approximately $2.1 billion) in the fourth quarter of 2025, a 12% year-on-year increase. Throughout the year, the company’s total network of stores grew by 5.9% to 10,341 outlets, the highest number of new store openings in JFC’s history. This includes 3504 stores in the Philippines and 6837 international locations, demonstrating ongoing expansion in key markets.

    Globally, JFC operates 576 stores in China, 348 in North America, and 437 across Europe, the Middle East, Asia, and Australia. The company’s portfolio includes 985 Highlands Coffee outlets, 1079 The Coffee Bean & Tea Leaf stores, 357 Milksha locations, 2972 Compose Coffee stores, and 83 Tim Ho Wan branches.

    Questions & Answers

    What is JFC’s strategy for expansion in Asia?
    JFC is expanding its presence in Asia through acquisitions, such as the recent purchase of the South Korean hot pot buffet chain Shabu All Day, and launching new brands, like the upcoming introduction of Compose Coffee in the Philippines.

    What are some notable brands under JFC?
    JFC operates several well-known brands, including Highlands Coffee, The Coffee Bean & Tea Leaf, Milksha, Compose Coffee, and Tim Ho Wan.

    What has been the growth of JFC in recent years?
    JFC has experienced significant growth, with record systemwide sales in the fourth quarter of 2025 and a 5.9% increase in its total store network. This growth is reflected in its ongoing expansion in both domestic and international markets.

  • Unleash Your Mood with YouTube Music’s New AI-Powered Playlist Feature

    Unleash Your Mood with YouTube Music’s New AI-Powered Playlist Feature

    Recently, Google announced that a YouTube Music premium subscription is now required for some users to access song lyrics, a feature that was formerly complimentary. While Google classified this development as an “experiment,” it assured users that the majority would not experience any changes to the lyrics feature.

    The Role of Gemini AI in YouTube Music

    Google has always been forthcoming about its operations, but the criteria used to decide which customers now have to pay for formerly free features remains unclear. It has also introduced a new Artificial Intelligence (AI) feature to YouTube Music which requires a premium subscription. This feature, powered by Gemini AI, allows users to create a playlist that matches their current mood, using natural language to communicate with the integrated AI prompt in the YouTube Music app. This feature has started rolling out on both the iOS and Android versions of the app.

    To leverage this feature, users need to open the YouTube Music app and tap the Library tab at the bottom of the screen. Next, they should tap the “New” button that appears in the bottom-right corner of the page. If they have a premium YouTube Music subscription, an ‘AI Playlist’ option will be visible. By tapping on it and describing the mood they wish their music to reflect, users can customize their playlist. They can either use natural language and voice or type in their mood to the prompt.

    It’s important to note that YouTube Music is not unique in utilizing AI to help users curate playlists. Spotify’s Prompted Playlist also leverages natural language to enable users to tailor their playlists based on their current mood and listening history.

    The Cost of a YouTube Music Premium Subscription

    AI-generated playlists on YouTube Music require a premium subscription, which offers ad-free music, background play, and offline downloads. The premium subscription is available at the following rates:

    – Individual: $10.99 per month or $109.99 per year.
    – Family: $16.99 per month (For up to six people per household).
    – Student: $5.49 per month. Annual verification from SheerID is required.

    Purchasing a YouTube premium subscription might be a more value-for-money option as it includes ad-free videos, offline video downloads, and background play for the main YouTube app in addition to the premium YouTube Music subscription.

    Google has incorporated the Gemini AI icon into many of its apps, including the YouTube Floating Action Bar. By tapping on the Gemini icon while watching a video, an “Ask panel” will open on the right side with several preset queries that can be submitted with a simple tap. These questions can ask for a summary of the video, recommended related content, and more. A prompt at the bottom is ready for users to ask anything they wish.

    Questions & Answers

    What is the new feature in YouTube Music?
    The new feature in YouTube Music, powered by Gemini AI, allows users to create customized playlists based on their current mood, using either voice or typed natural language.

    What is the cost of a YouTube Music premium subscription?
    The cost of a YouTube Music premium subscription varies. For individuals, it’s $10.99 per month or $109.99 per year. For families (up to six people), it’s $16.99 per month. Students can avail it at $5.49 per month after annual verification from SheerID.

    What is the Gemini AI icon on YouTube?
    The Gemini AI icon on YouTube opens an “Ask panel” with several preset queries when tapped during a video. These queries can ask for a summary of the video, recommended related content, and more.

  • Bacha Coffee Brews Global Expansion with Luxury Launches in Beijing and Saudi Arabia

    Bacha Coffee Brews Global Expansion with Luxury Launches in Beijing and Saudi Arabia

    Bacha Coffee, a Moroccan coffee house established in Marrakech in 1910, has further expanded its global footprint with its entry into two new markets, Beijing and Saudi Arabia. This development is a part of the brand’s consistent international growth trajectory.

    In Beijing, the brand has set up shop at the China World Mall, offering a multi-dimensional experience that integrates retail, takeaway, and a cozy Coffee Room seating area. This location showcases the brand’s extensive selection of over 200 specialty coffees, all of which are brewed using 100% Arabica beans sourced from 35 coffee-growing regions worldwide.

    The 210-square-meter Beijing store features a boutique that sells loose and packaged coffees, gift boxes, and accessories. Coffee Masters are readily available to assist customers and grind coffee beans on demand. The store also includes a 25-seat Coffee Room, featuring design elements inspired by the brand’s Moroccan heritage.

    Taha Bouqdib, President and CEO of V3 Gourmet, expressed his excitement over this latest expansion. “Our new location is designed to spark the curiosity of our guests, much like how coffee takes us on journeys to distant locales,” he said. “We’ve blended the old with the new in a single experience, honoring our past while paving the way for the future, with 100% Arabica specialty coffee taking center stage in this vibrant scene of life.”

    The latest openings in Beijing and Riyadh are part of Bacha Coffee’s extensive expansion across Asia, Europe, and the Middle East. The brand currently operates 42 stores in 16 cities globally, including Paris, Tokyo, Seoul, Dubai, Singapore, Hong Kong, and Taipei. In addition, the brand made its debut in Thailand last year.

    Questions & Answers

    How many specialty coffees does Bacha Coffee offer?
    Bacha Coffee offers an extensive selection of over 200 specialty coffees.

    Where are the newest Bacha Coffee stores located?
    The newest Bacha Coffee stores are located in Beijing, China, and Riyadh, Saudi Arabia.

    How many locations does Bacha Coffee operate worldwide?
    Bacha Coffee currently operates 42 locations in 16 cities worldwide.

  • Gong Cha Steers Growth With Major Leadership Shake-Up Across Key Global Markets

    Gong Cha Steers Growth With Major Leadership Shake-Up Across Key Global Markets

    Popular bubble tea franchise, Gong Cha, has recently undergone a significant restructuring of its top-tier management. This move is intended to bolster the company’s framework, enabling it to better support continued growth across its principal markets.

    New Leadership Assignments

    Keaton Myburgh, who joined Gong Cha in 2023, has been appointed as the new General Manager for the Asia-Pacific region (APAC). In his time with Gong Cha, Myburgh has shown exceptional leadership in assisting franchise partners and managing regional operations. His new role will extend his responsibility to ensuring operational excellence, regional development, and brand consistency across the APAC region.

    For the Europe, Middle East, and Africa (EMEA) region, Gong Cha has appointed Jemma Smoker as the General Manager. Smoker, who also joined the company in 2023, will assume responsibility for overseeing regional operations and the development of the brand within the region.

    Marketing Team Expansion

    On a similar note, Gong Cha has also broadened its marketing team. Sepanta Bagherpour has taken on the role of Chief Marketing Officer for the Americas and EMEA regions. Bagherpour brings to the table over two decades of experience in marketing and communications, working with global brands.

    Moreover, Gong Cha has announced the promotions of Maya Murasawa and Jina Jeeyoung C. Murasawa will now serve as the Head of Marketing in Japan while Jeeyoung C has been named the Chief Marketing Officer for South Korea and APAC. These appointments underscore Gong Cha’s commitment to customer-focused, locally relevant marketing strategies.

    These reshuffles come on the back of the company’s launch of Gong Cha 2.0, a global revamp of the company’s business model. This new model aims to bolster efficiency across its franchise network.

    Questions & Answers

    What is the goal of Gong Cha’s recent leadership restructuring?
    Gong Cha has reshaped its senior leadership team to strengthen its organizational structure and support its growth across key markets.

    Who are the newly appointed leaders in Gong Cha’s team?
    Keaton Myburgh has been appointed as the General Manager for the APAC region and Jemma Smoker for the EMEA region. Sepanta Bagherpour has joined as the Chief Marketing Officer for the Americas and EMEA. Maya Murasawa and Jina Jeeyoung C have been promoted within the marketing department in Japan and South Korea and APAC respectively.

    What is Gong Cha 2.0?
    Gong Cha 2.0 is a global update to the company’s operating model aimed at improving efficiency across its franchise network.

  • Celsius Energizes Aston Martin F1 Team with Global Multi-Year Partnership: A New Frontier in Formula 1 Sponsorships

    Celsius Energizes Aston Martin F1 Team with Global Multi-Year Partnership: A New Frontier in Formula 1 Sponsorships

    Celsius, a renowned energy drink brand, has embarked on a multiple-year worldwide affiliation with the Aston Martin Aramco Formula One team, becoming the team’s ‘official Global Energy Drink Partner’.

    Aligning with Global Expansion

    This deal coincides with Celsius’ ongoing global expansion into key markets including the United Kingdom, Australia, France, Canada, and the United States. The collaboration aims to enhance the visibility of the Celsius brand within the Formula 1 setting and its worldwide audience.

    As an integral part of this alliance, both parties will incorporate the ‘Live Fit Go’ campaign by Celsius that was initiated in 2025 and set to broaden its reach to further markets by 2026.

    Fitness-centric Collaborations and Events

    Geared towards wellness-focused consumers and the racing fraternity, the two entities are also slated to organize fitness-based activations along with joint events bearing their respective branding.

    Jefferson Slack, MDC of Aston Martin Aramco Formula One, commented on the partnership, positive that it would introduce new energy into their I/AM program and foster better connections among ambition, culture, and community. He added that they would pioneer this initiative with the inaugural jointly-hosted Run club in Melbourne and plan to design numerous creative activations throughout the season to animate this partnership and jointly foster a movement of positive energy.

    These occasions will include running sections that take inspiration from race tracks and city landmarks. Concurrently, Celsius products will be accessible within the Aston Martin Aramco garage and at selected fan locations during the season.

    Collaboration with a Passionate Fan Base

    Kyle Watson, CBO of Celsius Holdings, noted that the fervent fan base of Aston Martin Aramco lays the foundation for a symbiotic partnership, heralding an exciting new chapter for Celsius in the realm of Formula 1.

    Questions & Answers

    What is the main goal of the partnership between Celsius and Aston Martin Aramco Formula One team?
    The partnership aims to enhance the visibility of the Celsius brand within the Formula 1 setting and its global audience.

    What kind of events are planned under the partnership?
    The partnership plans to organize fitness-based activations and jointly-branded events, featuring running sections inspired by race tracks and city landmarks.

    Where will Celsius products be available during the season?
    Celsius products will be available within the Aston Martin Aramco garage and at selected fan locations during the season.

  • 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.

  • More Yogurt: Popular Chinese Beverage Chain Set to Debut in Singapore with Fresh-Made Treats

    More Yogurt: Popular Chinese Beverage Chain Set to Debut in Singapore with Fresh-Made Treats

    China-based yogurt chain, More Yogurt, is set to make its entrance into the Singaporean market. The addition of a new outlet, opening on January 30, marks the latest in a series of expansion efforts. The company, which boasts annual sales of over 21 million cups, has chosen Suntec City as the strategic location for its first Singaporean store.

    More Yogurt is known for its innovative take on yogurt, offering a range of beverages prepared fresh daily in-store. Each drink comprises naturally fermented yogurt cultures, paired with an assortment of fresh fruits and nuts.

    As part of its introductory activities in Singapore, More Yogurt will be presenting the first 100 cups of yogurt free of charge on the day of its grand opening. This generous gesture aims to attract and engage new customers, providing them with a taste of More Yogurt’s unique offerings.

    Questions & Answers

    What is the unique selling point of More Yogurt?
    More Yogurt differentiates itself by providing fresh-made yogurt drinks, which are prepared in-store daily using naturally fermented yogurt cultures and a variety of fresh fruits and nuts.

    When and where is More Yogurt’s new Singaporean outlet opening?
    The new outlet in Singapore is set to open on January 30 at Suntec City.

    What is the introductory offer from More Yogurt in Singapore?
    As part of their launch in Singapore, More Yogurt will be giving away the first 100 cups of yogurt for free on the opening day.

  • Dreame Technology Marks Hong Kong Debut with Groundbreaking Flagship Store: A New Era for Smart Home Appliances

    Dreame Technology Marks Hong Kong Debut with Groundbreaking Flagship Store: A New Era for Smart Home Appliances

    Dreame Technology, the renowned smart home appliance brand, has recently unveiled its premiere flagship store in Hong Kong, thereby amplifying its foothold in the physical retail sector.

    The flagship store is strategically situated at Mira Place in Tsim Sha Tsui, where it proudly displays the full range of Dreame’s offerings. This includes a diverse mix of products such as robot vacuum cleaners, wet-and-dry floor cleaners, cord-free stick vacuums, hair care gadgets, and air purification equipment.

    An Experience-Centric Retail Space

    Designed with a focus on customer experience, Dreame’s flagship store encourages customers to physically try out their products. This hands-on approach not only offers customers an interactive product experience but also provides them with a comprehensive understanding of the product’s functionality.

    Apart from its extensive range of floor-care solutions, the store also introduces a plethora of personal care and air treatment products to the Hong Kong market. These new introductions include high-speed hair dryers and an all-in-one air purifier.

    The Inception of Dreame’s Physical Retail Journey

    Dreame initially made its foray into the Hong Kong market through various online platforms and third-party retailers. However, the launch of the flagship store signifies a firm commitment from Dreame towards delivering premium retail experiences. It also highlights their quest for direct consumer engagement and their pursuit of long-term growth in significant urban markets.

    Questions & Answers

    What is the significance of Dreame’s flagship store in Hong Kong?
    The flagship store signifies Dreame’s commitment towards delivering premium retail experiences and direct consumer engagement. It also highlights their focus on long-term growth in urban markets.

    What products does the Dreame flagship store offer?
    The flagship store offers a diverse range of products including robot vacuum cleaners, wet-and-dry floor cleaners, cord-free stick vacuums, hair care gadgets, and air purification equipment.

    How does Dreame’s flagship store enhance the customer’s shopping experience?
    The flagship store is designed as an experiential space, allowing customers to physically try out products. This hands-on approach provides customers with an interactive product experience and a comprehensive understanding of the product’s functionality.

  • Sri Lanka Surges into Digital Future with Dialog’s Revolutionary 5G Ultra Launch

    Sri Lanka Surges into Digital Future with Dialog’s Revolutionary 5G Ultra Launch

    Dialog Axiata PLC has made a significant stride in propelling Sri Lanka’s digital revolution with the commercial launch of Dialog 5G Ultra. This significant development represents a quantum leap in the nation’s digital transformation and its progression into the 5G era. Dialog’s 5G network, bolstered by over 220 active 5G sites, caters to more than 1.5 million subscribers, making it the pioneer in offering commercial 5G services in Sri Lanka. This underscores its leadership in the provision of next-generation connectivity across the country. The commercial launch comes on the heels of Dialog’s acquisition of a 100 MHz block in the 3500 MHz band and a 200 MHz block in the 27 GHz band during the 5G spectrum auction conducted by the Telecommunications Regulatory Commission of Sri Lanka (TRCSL).

    Advancements in Connectivity

    Dialog 5G Ultra delivers superior 5G connectivity marked by ultra-fast speeds, low latency, and enhanced network performance. This sets the stage for augmented digital experiences for Sri Lankan consumers and offers advanced capabilities for businesses and industries. By employing the 3500 MHz spectrum for broad-area mobile coverage and the 27 GHz spectrum for high-capacity, gigabit-speed applications, Dialog is strategically poised to support future-proof consumer and enterprise applications.

    Supun Weerasinghe, Group Chief Executive Officer of Dialog Axiata PLC, said:

    The introduction of Dialog 5G Ultra signifies a crucial stride in fortifying Sri Lanka’s digital infrastructure for the future. Beyond faster connectivity, 5G is a vital catalyst of innovation, productivity, and inclusion across the digital economy. As Sri Lanka’s largest 5G network, we are committed to investing USD 100 million over the next two years to expand 5G connectivity across the country and ensure that individuals, businesses, and industries can fully participate in a digital Sri Lanka. We are grateful to the Telecommunications Regulatory Commission of Sri Lanka and the Government of Sri Lanka for conducting a transparent auction process to allocate 5G spectrum.

    Continuing the Journey into 5G

    Dialog’s foray into 5G builds upon a robust history of innovation. They were the pioneers in introducing 2G, 3G, and 4G in South Asia, spearheaded early 5G demonstrations, and have operated the country’s most extensive 5G trial network for several years. The commercial launch of Dialog 5G Ultra now makes these advancements widely accessible, integrating high-performance connectivity into daily life and business operations.

    In celebration of the launch, Dialog has unveiled a series of 5G-related promotions, including devices, data plans, and content, enabling customers to fully experience the potential of 5G in mobile and entertainment.

    Dialog also provides the most comprehensive 5G roaming network from Sri Lanka, offering 5G connectivity in 76 countries through collaborations with 155 global mobile operators. This allows Dialog customers with 5G-compatible devices to enjoy uninterrupted, high-speed connectivity while travelling abroad, reinforcing Dialog’s leadership in providing a world-class mobile experience for both Sri Lankans overseas and visitors to the country. As a pioneer in introducing future technologies to Sri Lanka, Dialog is committed to advancing national digital transformation and delivering world-class connectivity experiences that enhance lives, empower businesses, and underpin the country’s long-term development.

    Questions & Answers

    What is the significance of the launch of Dialog 5G Ultra?

    Dialog 5G Ultra is a milestone towards digital transformation for Sri Lanka as it provides high-speed, low-latency connectivity, thereby enhancing digital experiences for consumers and businesses.

    How is Dialog Axiata planning to expand its 5G services?

    Dialog Axiata has committed to investing USD 100 million over the next two years to extend 5G connectivity across Sri Lanka.

    How does Dialog 5G Ultra benefit customers travelling abroad?

    Dialog provides the most comprehensive 5G roaming network from Sri Lanka, enabling customers with 5G-compatible devices to enjoy seamless, high-speed connectivity in 76 countries.

  • Johnson & Johnson Slapped with $40M Verdict in Landmark Talc-Ovarian Cancer Case

    Johnson & Johnson Slapped with $40M Verdict in Landmark Talc-Ovarian Cancer Case

    A California court has awarded $40 million to two women who claimed their ovarian cancer was a result of prolonged usage of Johnson & Johnson’s talcum-based baby powder. The Los Angeles Superior Court jury distributed the payout, allotting $18 million to Monica Kent and $22 million to both Deborah Schultz and her husband. This decision was made following the conclusion that Johnson & Johnson was aware of the potential harm their products could cause for several years, yet failed to notify consumers.

    Erik Haas, the current vice president of litigation at Johnson & Johnson on a global scale, announced the company’s intention to appeal the ruling. He expressed confidence that they would eventually emerge victorious, as they typically do in similar cases of adverse verdicts.

    Monica Kent received her ovarian cancer diagnosis in 2014, while Schultz got hers in 2018. Both women, residents of California, reported regular usage of Johnson & Johnson’s baby powder post-bath for around four decades. The pair also testified that their treatments for ovarian cancer included significant surgeries and multiple rounds of chemotherapy.

    According to Andy Birchfield, the women’s attorney, Johnson & Johnson knew as early as the 1960s that their product was potentially carcinogenic. He accused the company of actively trying to suppress this information from public knowledge.

    In response, Allison Brown, Johnson & Johnson’s attorney, insisted that the only people to link the women’s cancers to talc were their legal representatives. Brown argued the alleged connection lacks the support of any significant US health authority and no study exists to prove talc can move from the exterior of the body to reproductive organs.

    Currently, the company faces over 67,000 lawsuits from plaintiffs alleging that they developed cancer following the usage of Johnson & Johnson’s baby powder and other talc products. Despite this, the corporation maintains that its products are safe, asbestos-free, and do not cause cancer. In 2020, Johnson & Johnson ceased the sale of talc-based baby powder in the US, instead opting for a cornstarch product.

    Johnson & Johnson also attempted to address the litigation via bankruptcy. However, this approach has been dismissed thrice by federal courts, most recently in April. Prior to these bankruptcy attempts, Johnson & Johnson had a mixed track record in talc trials, with some verdicts reaching as high as $4.69 billion awarded to women claiming the baby powder caused their ovarian cancer.

    Most of the lawsuits Johnson & Johnson faces are related to ovarian cancer claims. A smaller segment of the claims alleges that talc caused a rare and lethal cancer known as mesothelioma. Over the past year, the company has seen multiple substantial verdicts in mesothelioma cases, including a verdict exceeding $900 million in Los Angeles last October.

    Questions & Answers

    What was the amount awarded to the women claiming Johnson & Johnson’s baby powder caused their ovarian cancer?
    The Los Angeles Superior Court jury awarded a total of $40 million to the two women; $18 million to Monica Kent and $22 million to Deborah Schultz.

    What is Johnson & Johnson’s stance on the issue?
    Johnson & Johnson maintains the position that their products are safe, free from asbestos, and do not cause cancer. They have every intention to appeal the recent verdict.

    What other lawsuits is Johnson & Johnson facing related to its talc products?
    Johnson & Johnson is currently facing over 67,000 similar lawsuits from plaintiffs who claim their cancers were caused by the use of the company’s baby powder and other talc-based products.