APAC
L’Oréal, Miu Miu partner for exclusive worldwide licence agreement
L’Oréal, Miu Miu partner for exclusive worldwide licence agreement
Miu Miu is now part of the L’Oréal Luxe division.
Estee Lauder to reduce employees by up to 5% amidst decline in sales
Organic sales were down 8% YoY due to challenges in Asia travel retail, amongst others.
Coty enters new license with fashion brand Marni
The new licensing agreement for both brands will start in 2026.
Around 3 in 5 APAC consumers consider health, well-being impacts in food purchase
As a result, functional food products are seeing increasing demand.
Natura &Co mulls Natura &Co Latam, Avon separation
Both entities will operate as two independent, publicly traded beauty companies.
Shiseido completes Dr. Dennis Gross Skincare acquisition
The acquisition is part of Shiseido’s global expansion strategy.
IKEA introduces AI assistant in OpenAI GPT
The feature offers specific and customised home design needs for IKEA customers.
How AI reshapes Asia’s foodservice sector
Operational efficiency due to AI use boosts companies’ bottom line.
True Religion gains new licensees for Star Ride Kids and Mad Engine Global
Star Ride Kids and Mad Engine Global will be featured in True Religion.
Beauty company Coty extends licensing deal with Mexx
Their partnership first started in 2016.
Crocs names CFO Anne Mehlman as President
Michelle Poole will step down from the role as EVP and President
Coupang finalises Farfetch acquisition
Farfetch will also improve its brand through $500m in capital.
Why FMGC specialists need loyalty schemes to succeed
Around 55.3% cite loyalty schemes as an influence in purchasing food and grocery.
H&M Group names new President and CEO
Outgoing CEO Helena Helmersson has left the company after 26 years.
Pandora shifts to recycled silver, gold for jewellery
It used 97% recycled silver and gold materials in 2023.
ASIA’S PAYMENTS, BANKING AND E-COMMERCE LEADERS TO CONVENE IN SINGAPORE TO SHAPE THE FUTURE OF DIGITAL COMMERCE IN THE REGION
Seamless Asia, the region’s leading payments, banking and e-commerce event, will once again convene in Singapore on 20 and 21 February 2024.
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Awards
Nov
18
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Event News
The company took home the Sustainability Initiative of the Year - Hong Kong, Health & Beauty Retailer of the Year - Hong Kong, and the Marketing Initiative of the Year - Hong Kong wins.
Commentary
How retailers can lead the charge in the AI future
Traceable, regenerative, profitable: The new rules of food retail in Asia