Double threat: Negative outlook for food retail scene as Hong Kong battles coronavirus and protests
Hong Kong’s sales of food retail outlets have dropped 3% to HK$42.8 billion (US$5.5bn) in 2019, compared to HK$44.3 billion (US%5.7bn) in 2018.
Archives for February 25, 2020
Double Bub-ble: Bubs deepens domestic presence with new Woolworths deal
Australia’s infant formula firm Bubs is set to double its retail presence via a new supply agreement with supermarket chain Woolworths.
‘One step ahead’: India’s Power Gummies seeks online expansion and NPD with fresh VC funds
India’s functional food brand Power Gummies is eyeing further online expansion and new product development after receiving fresh VC funds.
Babies and probiotics: Bill Gates-backed probiotic firm to embark on research in Singapore, Hong Kong
Evolve BioSystems, the US-based microbiome firm supported by big name investors Bill Gates and Li Ka Shing, will soon embark on local research in the APAC region, namely Singapore and Hong Kong.
Beijing Internet Court inundated with complaints about health food and food product claims
Seven-out-of 10 online shopping complaints received by Beijing Internet Court from September 2018 to October 2019 were related to food and health food products.