Sime Darby inks deal with Equinox to transform its data infrastructure across the APAC region

Key Signals in Retail and Consumer Goods

Centre setup and Expansion
Constellation Brands to build a new Veracruz plant worth USD 1.3 Bn 
The location for the plant was determined due to its transportation infrastructure, which includes one of the most prominent seaports in the region and access to highly trained labor. Read More>>
Flipkart signs MoU with Bengal govt to support artisans, weavers, handicraft makers
The partnership will be instrumental in driving the economic growth of weavers, artisans, and small businesses with the e-commerce company’s national market access. Read More>>
Walmart celebrates the opening of the South Carolina Import Distribution Center 
The new New Ridgeville location provides a business-friendly environment for Walmart. It further gives expanded access to seaports, allowing the retail giant to deliver a wide selection of merchandise from around the globe. Read More>>
Sime Darby selects Equinix to strengthen its data infrastructure
With the support from Equinix’s technology partner Coevolve, Sime Darby has also adopted Equinix’s Network Edge on Equinix Fabric to achieve secure and stable software-defined wide-area networking (SD-WAN) integration across markets. Read More>>
Reliance calls off USD 3.4 Bn retail deal with Future Group
The deal was at the center of legal battles since 2020 after Future’s partner Inc. legally blocked it, citing a violation of certain contracts. Read More>>
Nykaa announces partnership with three homegrown brands
Nykaa has been building alliances with homegrown D2C brands to bolster the early-stage beauty and lifestyle ecosystem and create the next generation of brands specializing in sustainable and inclusive products. Read More>>
Mergers and Acquisitions
Bluebird Group adds Walmart as a retail partner 
The expansion adds to Bluebird’s seasoned team of strategically-minded experts. It allows them to offer a larger array of services to help in-demand brands become retail-ready and deliver their products in-store and online. Read More>>
FNRP acquires Kroger-anchored Savannah shopping center 
Red Banks First National Realty Partners recently entered another new state Connecticut as the firm continues to expand its portfolio of grocery-anchored shopping centers. The 170,000 square-foot complex is the fourth property the firm has acquired in Georgia. Read More>>
Hasbro acquires D&D Beyond for USD 146.3 Mn
This strategic acquisition will further strengthen Hasbro’s capabilities in the fast-growing digital tabletop category. It also adds veteran talents to the Wizards of the Coast team and accelerates efforts to deliver exceptional experiences for fans across all platforms. Read More>>
Executive Movement
Holland & Barrett hires M&S executive as product director
April Preston joins the health and beauty retailer as it continues to transform its product and services offering. She spent the past three years at M&S, leading the retailer’s food range transformation. Read More>>
Diageo GB announces the appointment of new MD
Nuno Teles, currently President of the Diageo Beer Company (DBC) in North America, is appointed as Managing Director of Great Britain and will report to John Kennedy, President of Europe and India operations. The changes will take place on the 1st of July 2022. Read More>>

Latest Industry Insights from Draup Braindesk


Key Funding Alert

D2C start-up Earth Rhythm raises USD 8 million in a funding round led by Nykaa 
The investment will enable Earth Rhythm to strengthen its position further as a leader in the clean beauty segment. The start-up will also use the funds to hire senior talent, for brand building, and to cater to the increasing demand for products both domestically and in the international markets. Read More>>

Startup Spotlight

Company – Kaiyo
Total Funding – USD 43.05 Mn
About: Kaiyo is an online marketplace that offers pre-owned furniture with sustainable design and provides pickup and delivery services. The platform makes buying and selling furniture simple and sustainable by providing deep discounts on top brands to its buyers and by handling the moving, pickup, photography, cleaning, and delivery for its sellers. Read More>>

Latest Reports Published in Draup

Columbia Sportswear Company Account Intelligence Report: Columbia Sportswear offers design, sourcing, marketing & distribution of outdoor and active lifestyle apparel, footwear, accessories & equipment. The brand also focuses on key strategic initiatives designed to improve the efficiency of the supply chain and spread out the production of products over time. Read More>>
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