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Period: June 1, 2017 to July 1, 2017
Comment & Opinion or Companies, Organizations or Consumers or Controversies & Disputes or Deals, M&A, JVs, Licensing or Earnings Release or Finance, Economics, Tax or Innovation & New Ideas or Legal, Legislation, Regulation, Policy or Market News or Marketing & Advertising or Other or People & Personalities or Press Release or Products & Brands or Research, Studies, Advice or Supply Chain or Trends

When Flies Pig Out, China Reduces Its Food Waste Problem

China, with 1.4 billion of people, has a serious food waste problem. A farm in Sichuan province in the southwestern region of the country is working on it, however, using the larvae of black soldier flies – maggots – to devour mountains of leftover meat, vegetables and fruits. The larvae can eat twice their weight in food refuse. On average, one kilogram of maggots can eat two kilos of garbage in four hours. Not bad considering that each person in the country throws away almost 30 kilograms of food every year. And it’s a sustainable system: the farm processes the maggots into a high-protein animal feed and their feces into an organic fertilizer.

"In China, Maggots Help Deal With Food Waste Problem", AFP Relax News, May 31, 2017

Fosun Should Find Better Takeover Target Than The Body Shop, Analyst Says

Chinese conglomerate Fosun International should discontinue its efforts to secure the rights to buy The Body Shop, the beauty retailer owned by L'Oreal SA. There are several reasons why Fosun would be better off looking for another company to acquire. These include the lack of positive forecasts for the retail sector, including the beauty retail segment. Also, The Body Shop's emphasis on all-natural beauty products no longer differentiates it from rival retailers, as reflected by the 4.8 percent drop in revenue in 2016. With a price tag of $900 million, which is expected to significantly jump once a likely bidding war starts, The Body Shop is quite expensive.

"Fosun's Fruitless Beauty Search", Bloomberg, June 06, 2017

Hong Kong-Based Coke Franchisee Is Optimistic About Business With China

Coca-Cola franchisee Swire Pacific Chairman John Slosar says business with China has been very successful over the past two decades. The company will continue to invest there, while maintaining business ties with Hong Kong and Taiwan. Located in Hong Kong since the 1870s, Swire Pacific has prospered since the former British colony was returned to China in 1997 and began operating under the "one country, two systems" policy. Slosar is bullish on both Hong Kong and China, noting that Swire will expand its real estate, airline and beverage investments. "I'm sure the next 20 years will also have a lot of great opportunities for us," he said.

"Interview: Swire Group to continue investing in China with confidence: chairman of HK-listed Swire Pacific", Xinhua, June 19, 2017

Coke Ad Campaign Speaks To Young Chinese In Their Special “Code”

New Coca-Cola bottles – known as “code bottles” – targeting young Chinese were introduced as part of a summer ad campaign produced with the McCann Worldgroup Shanghai agency. The bottles are decorated with emoticons and phrases used routinely by young people in China. The campaign is bolstered by two films -- one with celebrity Lu Han (left) -- featuring the code bottles. They will run on social media platforms and TV.

"Coca-Cola’s new packaging in China targets young segment", Marketing Interactive, June 19, 2017

Hangzhou Wahaha Group Buys Smart Beverage Vending Machines From DeepBlue

China’s largest beverage vendor is taking a step beyond FMCG toward automated retail with the signing of a 10-year contract with DeepBlue Technology to buy a million TakeGo smart vending machines. The machines use DeepBlue’s quiXmart payment system, as well as machine vision, biometric identification, and deep learning. The machines automatically assign items picked up by customers to a digital shopping cart. Customers are charged using Alipay when they exit.

"Wahaha Group eyes next-generation vending machines", People's Daily Online, June 27, 2017

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