Fashion

Health and beauty to see 5% annual growth in 2021/26

The average household spent US$345 on health and beauty last year. 

Mytheresa picks Steven Xu as president in China and APAC

He previously served as an executive for Ralph Lauren.

Levi Strauss & Co appoints new SAMEA lead

Amisha Jain will be the new senior vice president and managing director in the regions.

Amazon India launches emporium of Manipur artisans

It aims to support local artisans in collaboration with the Manipur government.

APAC, US to drive global luxury apparel market growth: report

The APAC luxury market will post a CAGR of 7.9% between 2022 to 2025.

Fragrances now wear the ‘lipstick effect’

Replacing lip products, scents topped ZALORA’s beauty category both in 2020 and 2021.

Australian skincare market to reach $1.6b in 2026: report

This will be led by the hand and facial care categories.

L’Oréal’s BOLD invests in Japanese beauty startup

This is the company’s first venture capital investment in Japan.

Youth consumers drive APAC’s luxury retail market: report

Brands are adopting strategies to connect deeper with younger luxury consumers.

Pandora to build crafting facility in Vietnam

The jewellery brand will invest $100m for the building of the new facility.

Adidas, Foot Locker enter strategic partnership

They target retail sales to exceed $2b by 2025 under the partnership.

LVMH’s Celine launches flagship store on JD

The luxury fashion brand is showcasing its 520 capsule handbag series on the store.

Nike’s Singapore and Malaysia outlets now owned by GMG

The new operator has expressed plans to expand their footprint in Asia.

Shein launches new purpose-driven collection

The “evoluSHEIN” line offers sustainable products supporting a women’s nonprofit.

Malaysia-based Vertice disposes stake in Kumpulan Voir for $2.08m

Its fashion retailing business has recorded net losses since 2017.