Industry Developments

French champagne producer Moët Hennessy has reportedly inked a joint venture agreement with Chinese wine group VATS to install a winery in China's Yunnan province. Through the joint... 2012-03-06

Consumerism is gradually spreading across North Korea, particularly in its capital of Pyongyang, where China's growing influence has a large part to play. As a result of greater economic... 2012-03-05

US fast food giant McDonald's plans to increase the number of its franchised stores in China as it looks to embark on an aggressive expansion spree across the country. The Chinese fast-food... 2012-03-02

Australian soft drinks producer Coca-Cola Amatil (CCA) reported growth of 6.9% and 19.0% in its sales revenues and net profits respectively for the year ending December 2011. While... 2012-03-02

UK retail giant Tesco recently threw its hat in the ring for a potential acquisition of South Korean consumer electronics retailer Hi-Mart, which operates around 301 consumer electronics... 2012-03-01

We are witnessing a rapid emergence of competition in the Vietnamese soft drinks market. The opportunities provided by a rapid middle-class emergence in Vietnam are firmly within the... 2012-03-01

US food producer Heinz quelled speculation that it would seek to acquire Wyeth, which is the baby formula business of US-based pharmaceutical company Pfizer, by announcing that it would... 2012-02-29

Closely following its recent launch of lemon-flavoured carbonated drink Citra in India, US soft drinks giant The Coca-Cola Company plans to introduce its orange-flavoured carbonated... 2012-02-29

Japanese supermarket operator Uny recently announced that it will acquire all outstanding shares in Japanese convenience retailer Circle K Sunkus as it looks to build on its domestic... 2012-02-28

Thai hypermarket retailers Big C and Tesco Lotus are waging a price war as they attempt to win market share from each other. However, in our opinion, such a strategy is unlikely to... 2012-02-23