22nd September 2021, The company aims to reduce the usage of virgin fossil fuel-based plastics in Happy Meal toys by 90%. Fast-food company McDonald’s has announced plans to offer sustainable toys with all Happy Meals sold around the globe by 2025. The company noted that all the toys will be made using sustainable materials, and…
19th September 2021, Avon may soon be calling you into shops and live-streamed shopping events as well as at your front door as the cosmetics and skincare brand moves on from the doorstep into the digital age. The company, which was founded in New York 135 years ago by travelling book salesman David H McConnell,…
11th June 2021, CREADOR, a private equity firm focused on long-term investments in growth-oriented businesses in South-East Asia and India, has agreed to buy a 30% stake in Loob Holding Sdn Bhd, the owner of the top regional lifestyle tea brand, Tealive. The transaction price was not disclosed. In a joint statement yesterday, both companies…
02nd September 2021, Malaysia’s franchise industry has achieved significant progress, being one of the fastest-growing sectors in the country, said the Malaysia External Trade Development Corporation (Matrade).In a statement, deputy chief executive officer Sharimahton Mat Saleh said through Malaysian franchises abroad, more products and services can be marketed internationally, contributing to the growth of the…
