Euromonitor International

NEW EUROMONITOR SOLUTION TO HELP BUSINESSES DRIVE E-COMMERCE GROWTH

Retrieved on: 
Tuesday, April 18, 2023
Food court, Beauty, Pet, Dairy product, Consumer, Merck Consumer Health, COVID-19, World Federation of Workers in Food, Drink, Tobacco and Hotel Industries, Container deposit legislation in the United States, USD, Personal care, Meal, Home care, United Kingdom, Growth, Hygiene, FMCG, Retail, Online shopping, Electronics, Snack, Euromonitor International

The new Euromonitor E-Commerce solution provides online sales data by industry, category, company, brand, and retailer, updated every three months.

Key Points: 
  • The new Euromonitor E-Commerce solution provides online sales data by industry, category, company, brand, and retailer, updated every three months.
  • This data helps companies benchmark performance, uncover growth opportunities, strike the right partnerships and gain a competitive advantage to enhance their online successes.
  • According to Euromonitor, the global pandemic accelerated growth of e-commerce sales, as companies increased their focus on digital sales channels due to lockdown measures.
  • Reflecting on the launch, Jared Koerten, Head of E-Commerce at Euromonitor International, said:
    "We are excited to launch the new Euromonitor E-Commerce solution, which will provide our customers with the insights they need to make informed decisions and drive growth in the e-commerce space.

Herbalife Introduces 106 New Wellness Products Globally in Q1 2023

Retrieved on: 
Thursday, April 13, 2023
Organic Food, Online Retail, Retail, Health, Fitness & Nutrition, Vitamins, Supplements, Food, Beverage, Mineral, Nutrition, Drink, Formula One, Global health, Research, Caffeine, Stock, McKinsey & Company, Vitamin, Lutein, Nervous system, Statista, Coffee, Behavior, Dietary supplement, Herbalife, Euromonitor International

Herbalife, a global health and wellness company and community, today announced the launch of 106 product SKUs in the first quarter of 2023, across the 95 markets the company operates in worldwide.

Key Points: 
  • Herbalife, a global health and wellness company and community, today announced the launch of 106 product SKUs in the first quarter of 2023, across the 95 markets the company operates in worldwide.
  • However, while consumer interest in health and wellness continues to rise in 2023, unmet needs remain, according to McKinsey .
  • Because consumers seek products and services that address a broad range of needs across the wellness ecosystem, Herbalife is continuously innovating to provide nutrition products that are grounded in efficacy, personalization, deliver multi-purpose results and meet the growing needs of today’s consumer.
  • For more information about Herbalife Nutrition products, please visit www.IAmHerbalifeNutrition.com .

USANA Ranked #1 Direct Selling Brand for Calcium Supplements in Hong Kong

Retrieved on: 
Thursday, March 30, 2023
Organization, Health, Research, Associate, Tutoring, Euromonitor International, USANA

HONG KONG, March 29, 2023 /PRNewswire/ -- USANA Hong Kong was recently recognized as a top brand for calcium supplements by market research giant Euromonitor International. This distinction is based on market research of USANA's MagneCal D supplement and its retail value sales data compared to other brands in the industry.*

Key Points: 
  • HONG KONG, March 29, 2023 /PRNewswire/ -- USANA Hong Kong was recently recognized as a top brand for calcium supplements by market research giant Euromonitor International.
  • This distinction is based on market research of USANA's MagneCal D supplement and its retail value sales data compared to other brands in the industry.
  • "This award is a remarkable accomplishment for the team in Hong Kong, and we feel very proud," says Philip Tang, general manager of USANA Hong Kong.
  • And our dedication to spreading the message of health and high-quality supplements is a big part of why we've been recognized by Euromonitor."

Waldencast plc Announces Binding Letter of Intent to Acquire 60% of its Southeast Asia Distributor

Retrieved on: 
Monday, March 13, 2023
Beauty, Acquisition, Fourth, WALD, Webcast, SEA, Partnership, Earnings call, Skin care, Letter, Sales, Cryptocurrency, Euromonitor International, Zein E. Obagi

NEW YORK, March 13, 2023 (GLOBE NEWSWIRE) -- Waldencast plc, (NASDAQ: WALD) (“Waldencast”), a global multi-brand beauty and wellness platform, announced today that it signed a binding letter of intent to acquire a 60% controlling interest in a newly formed entity to be comprised of the business of its Southeast Asia (SEA) distributor. The letter of intent is binding upon the SEA distributor, but Waldencast’s obligations are subject to the satisfaction of certain conditions. Assuming the satisfactory completion of its due diligence and negotiation of definitive agreements, Waldencast expects to close the transaction in the coming weeks.

Key Points: 
  • The letter of intent is binding upon the SEA distributor, but Waldencast’s obligations are subject to the satisfaction of certain conditions.
  • Assuming the satisfactory completion of its due diligence and negotiation of definitive agreements, Waldencast expects to close the transaction in the coming weeks.
  • The skincare market in Southeast Asia is approximately $11 billion1 and growing rapidly.
  • Waldencast does not undertake any obligation to provide any updates with respect to any transaction, except as required under applicable law.

Sales of Chocolate and Candy Remain Strong Amid Inflation and Supply Chain Pressures

Retrieved on: 
Monday, March 6, 2023
Candy, National Confectioners Association, Analytics, NCA, Supermarket, IRI, ESG, Collection, Conference, Blommer Chocolate Company, Chocolate, Asia Petrochemical Industry Conference, Report, Shopper, Retail, Euromonitor International

AVENTURA, Fla., March 6, 2023 /PRNewswire/ -- In 2022, confectionery category dollar sales grew 11.1% over 2021, and 22.1% over 2019 as consumers view chocolate and candy as a fun part of life (81%) and as an affordable treat (74%) according to the fourth annual State of Treating report published by the National Confectioners Association. The total confectionery category reached $42.6 billion in sales, driven by inflation that reached a 40-year high in 2022. Growth projections take the total category to $54.3 billion in 2027. 

Key Points: 
  • The total confectionery category reached $42.6 billion in sales, driven by inflation that reached a 40-year high in 2022.
  • "With high marks for favorability and permissibility, along with the majority of consumers agreeing that confectionery is an affordable treat, chocolate and candy sales grew despite economic pressures," John Downs, NCA president and CEO, said.
  • "Consumers continue to treat with chocolate and candy to enhance their emotional well-being, celebrate holidays and enjoy everyday moments."
  • Key findings from the report include:
    79% of consumers agree that physical health and emotional well-being are interconnected, and 86% agree that it is fine to occasionally treat yourself with chocolate and candy.

Haier Smart Home Re-Enters Fortune List of World's Most Admired Companies

Retrieved on: 
Thursday, February 2, 2023
Euromonitor International, Haier, Social responsibility, Annual report

QINGDAO, China, Feb. 2, 2023 /PRNewswire/ -- On February 1, Fortune released the 25th edition of the World's Most Admired Companies.

Key Points: 
  • QINGDAO, China, Feb. 2, 2023 /PRNewswire/ -- On February 1, Fortune released the 25th edition of the World's Most Admired Companies.
  • Haier Smart Home, ("Haier", Shanghai: 600690, 690D.DE, 6690.HK), the world's leading home appliance brand and smart home ecosystem builder and a subsidiary of Haier Group, is on the list again, ranking no.1 for companies in the home equipment & furnishings industry.
  • The Fortune Global Most Admired Companies were selected from about 1,500 candidates worldwide, and 645 global companies with the highest revenue in 27 countries and various industries were selected by 3,760 executives, directors and analysts, who had responded to the industry surveys.
  • The list was judged by the following criteria: innovation, people management, use of corporate assets, social responsibility, quality of management, financial soundness, long-term investment value, quality of products/services, and global competitiveness.

Haier Smart Home Re-Enters Fortune List of World's Most Admired Companies

Retrieved on: 
Thursday, February 2, 2023
Euromonitor International, Haier, Social responsibility, Multimedia, Annual report

QINGDAO, China, Feb. 2, 2023 /PRNewswire/ -- On February 1, Fortune released the 25th edition of the World's Most Admired Companies.

Key Points: 
  • QINGDAO, China, Feb. 2, 2023 /PRNewswire/ -- On February 1, Fortune released the 25th edition of the World's Most Admired Companies.
  • Haier Smart Home, ("Haier", Shanghai: 600690, 690D.DE, 6690.HK), the world's leading home appliance brand and smart home ecosystem builder and a subsidiary of Haier Group, is on the list again, ranking no.1 for companies in the home equipment & furnishings industry.
  • The Fortune Global Most Admired Companies were selected from about 1,500 candidates worldwide, and 645 global companies with the highest revenue in 27 countries and various industries were selected by 3,760 executives, directors and analysts, who had responded to the industry surveys.
  • The list was judged by the following criteria: innovation, people management, use of corporate assets, social responsibility, quality of management, financial soundness, long-term investment value, quality of products/services, and global competitiveness.

Vesta Selected by Leading Indonesian eCommerce Giant Blibli to Protect Transactions and Boost Approval Rates

Retrieved on: 
Monday, January 23, 2023
SVP, CNP, Vesta, Partnership, TPV, US, Growth, AI, Risk, E-commerce, Frost, Online shopping, Djarum, Euromonitor International

SINGAPORE, Jan. 23, 2023 /PRNewswire/ -- Vesta, a leading global transaction guarantee platform for online purchases, today announced its partnership with Blibli, a pioneer in Indonesian omnichannel commerce and lifestyle ecosystems, to increase approval rates through its proven payment guarantee product.

Key Points: 
  • This will allow Blibli to deliver a more secure and frictionless shopping experience to their loyal customers, while opening categories that were previously considered too risky.
  • Based on the study by Frost & Sullivan and Euromonitor, eCommerce in Indonesia is projected to reach US$150 billion by 2025.
  • As an ecommerce platform that focuses on customer, service, and quality, Blibli delights more than 31 million members across Indonesia.
  • "We're thrilled to help ecommerce giants like Blibli positively impact their customer experience and trust with zero-risk decisioning in real time," said Vesta GM APAC, Shabab Muhaddes.

Euromonitor Reveals Top 10 Global Consumer Trends In 2023

Retrieved on: 
Tuesday, January 17, 2023
Other Consumer, Environment, Women, Other Retail, Environmental Issues, Sustainability, Generation Z, Consumer, Retail, Online Retail, Scroll, Human, Digital, Fatigue, Annual report, Happiness, Innovation, Acquisition, Advertising, Multimedia, Female, Clothing, Recycling, Euromonitor International

Global market research company Euromonitor International has released its landmark “ Top 10 Global Consumer Trends 2023 ” report today.

Key Points: 
  • Global market research company Euromonitor International has released its landmark “ Top 10 Global Consumer Trends 2023 ” report today.
  • View the full release here: https://www.businesswire.com/news/home/20230116005397/en/
    Euromonitor’s annual report aims to help organisations stay ahead of disruption, predict consumer shopping motivations and fulfil unmet consumer needs.
  • Euromonitor notes that consumers spending responsibly but emotionally, the role of digitisation in purchasing processes, female equality demands, and a disruptive Gen Z, are some of the factors that will define global consumer trends in 2023.
  • The 10 key trends that Euromonitor outlines in its Global Consumer Trends 2023 report are as follows:
    Authentic Automation: Humans and machines need to be in sync to deliver meaningful solutions.

First three trade fairs in 2023 conclude successfully

Retrieved on: 
Thursday, January 12, 2023
Minibus, News, Messe Frankfurt, Attention, United Kingdom, Education, Hong Kong Trade Development Council Trade Fairs, Stationery, Travel, ASEAN, Czech Republic, AR, Conference, Euromonitor International, HKTDC, Property management, Toy, Film, Clothing, Limited, Mainland China

HONG KONG, Jan 12, 2023 - (ACN Newswire) - The latest trade fairs organised by the Hong Kong Trade Development Council (HKTDC) recorded encouraging traffic and exhibitor participation, with many buyers placing orders at the fairground.

Key Points: 
  • HONG KONG, Jan 12, 2023 - (ACN Newswire) - The latest trade fairs organised by the Hong Kong Trade Development Council (HKTDC) recorded encouraging traffic and exhibitor participation, with many buyers placing orders at the fairground.
  • The HKTDC Hong Kong Toys & Games Fair, the HKTDC Hong Kong Baby Products Fair, and the Hong Kong International Stationery & School Supplies Fair, jointly organised by the HKTDC and Messe Frankfurt (HK) Ltd concluded successfully.
  • Smart-Tech Toys and Kidult World were highlighted product zones at the Toys & Games Fair, attracting the attention of many buyers.
  • Non-local buyers travelled from near and far to join the physical fairs, including Mainland China, ASEAN, India, Japan, Korea and Taiwan.