With the goal of creating a greener future, Watsons partnered with Kenvue, L’Oréal and P&G to drive sustainability initiatives in Asia through the collective effort of combining Watsons’s expertise and supplier partners. Sustainability as the top priority Malina Ngai, CEO of A.S. Watson (Asia & Europe), said: “At Watsons, sustainability is at the heart of our business, and we recognise ...

For a second successive quarter, Costco’s performance was impacted by softer sales in big ticket non-food discretionary items. This was partly due to cautious shopping in the ongoing inflationary environment, but also due to tough comparatives where these products performed better than usual in the last two years. Here we look at those results in more detail and highlight five key takeouts. Co...

Dairy Farm International (DFI) reported its 2022 group revenue declined 0.9% to US$27,597m. Its underlying profit fell to US$29m, from US$105m in 2021. The Health and Beauty segment experienced strong sales growth due to the post-COVID-19 reopening of the economy, while the food segment showed signs of sales recovery DFI’s five segments performance highlights Food segment sales fell 3....