- We hosted DFI Retail (SGX:D01) for a lunch meeting with investors on 10 March 2026. Below are our key takeaways:
Health & beauty (H&B) - Store alignment and gradual franchise model rollout
- - Read this at SGinvestors.io -
- Management noted that market dynamics differ across countries. For example, Indonesia is more beauty-oriented due to its younger demographic profile. The company highlights that there is still a wellness aspect of beauty offerings such as dermatology-related products. Interestingly, in Hong Kong, full body health assessments offered by the business are largely utilised by consumers aged 35–45, suggesting younger demographics are also increasingly health focused.
- - Read this at SGinvestors.io -
- Franchise stores are expected to have a much smaller assortment, about 20-30% of a store in Jakarta, with product assortments and price points tailored to local demographics. For example, products may be sold in smaller satchels rather than full-sized packs.
Convenience Store – beyond ready-to-eat with new opportunities outside South China.
- Read more at SGinvestors.io.
