consumer goods
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Chinese Brands Dominate Local Market
Charissa Echavez | | Jun 30, 2016 06:21 AM EDT |
China's local brands are leading the market race, gaining market share faster than foreign labels as they are able to cater regional tastes and quickly respond to domestic demands.
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P&G Sheds More Brands in Summer Led by Duracell
Vittorio Hernandez | | Feb 23, 2015 04:20 AM EST |
By divesting itself of some of its iconic 100 brands this summer, manufacturing giant Procter & Gamble (P&G) is expected to cut its annual sales by 14 percent. The biggest brand to be sold is Duracell batteries, which Berkshire Hathaway would buy for US$2.6 billion in 2016.
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