Consumer Trends

Reliance Industries-Lotus Chocolate acquisition leverages localism trend in India

Reliance Retail Ventures Limited's (RRVL’s) consumer packaged goods (CPG) division, Reliance Consumer Products Limited (RCPL), acquired a 51% majority stake…

Masita’s new seaweed products tap the rising popularity of Korean cuisine in Thailand

Boonrawd Trading Co, based in Thailand, expanded its Masita seaweed snack brand with two new products: Seaweed Rice Seasoning and…

M&S buys Thread’s intellectual property to increase personalisation

British multinational retailer Marks & Spencer (M&S) has purchased the intellectual property of personalised fashion marketplace Thread. The acquired assets…

CBI survey shows retail sales balance in UK rose in August

The retail sales balance in the UK has been solid in August, according to the Confederation of British Industry’s (CBI)…

Parkland agrees to buy frozen food retailer M&M Food Market

Canadian convenience retail operator Parkland has agreed to acquire frozen food retailer M&M Food Market for a total consideration of…

A Pea in the Pod opens concept stores in Chicago and New York City

Maternity apparel retailer A Pea in the Pod has opened new concept stores in Chicago and New York City ahead…

Skechers USA assumes distribution in Philippines to fuel growth

US-based footwear company Skechers has transferred distribution rights in the Philippines to a new entity in a bid to support…

Italian luxury group Zegna completes merger with IIAC

Italian luxury fashion house Ermenegildo Zegna Group has completed its merger with special purpose acquisition firm Investindustrial Acquisition Corp (IIAC).…

Chico’s FAS and Walmart GoLocal to offer same-day deliveries

US-based women's clothing and accessory retailer Chico’s FAS has partnered with Walmart GoLocal to offer same-day deliveries. The collaboration will…

Roots reports 4.6% increase in sales for third quarter of FY21

Canadian outdoor lifestyle retailer Roots has reported a 4.6% increase in total sales for the third quarter (Q3) of the…