Staff Reporter

Fraud Detection, Prevention Must Look Beyond Technology

Fraud Detection, Prevention Must Look Beyond Technology

Risk prevention executives cite a combination of strategy, cooperation, data, good customer service.

LVMH appoints new Louis Vuitton, Christian Dior Couture CEOs

Their appointment will be effective on 1 February.

Carlyle buys majority take in India-based skincare, beauty firm

It will support the business growth and brand building of VLCC.

Brown - Forman Japan leads female engagement with digital promotion

It promoted the brand through a collaboration with three of Japan’s most famous female bartenders.

Korea’s internet firm Naver acquires Poshmark

They plan to establish a global player in the online fashion re-commerce market.

Reliance Retail Ventures unit acquires 50% stake in beverage firm

The remaining stake in SHBPL will still be owned by the Hajoori Family.

Market Kurly operator postpones planned IPO

The company plans to push through with public listing ‘at an optimal moment.’

South Korea's department stores reduce VIP benefits

Analysts said VIP customers surged amidst a spike in luxury consumption.

Long-term plans assessment needed for Shanghai’s retailers: report

Most brands in the city have been focusing on streamlining existing operations.

L’Oréal invests in micro-printing startup

The company developed the L’Oreal Brow Magic with Prinker Korea.

Around 3 in 5 Malaysian e-commerce sellers optimistic for 2023

Sellers in the health and beauty category are the most optimistic.

Inflation, population woes could melt South Korea’s ice cream market

The market is projected to decline by 5.8% annually until 2026. 

Retail industry to face uncertainties in 2023: analyst

Easing economic growth and tax hikes will affect retail transactions.

Partnering up for a recession-proof 2023 - a retailer’s guide

In 2021, retailers looked forward to 2022 as the light at the end of the COVID-19 tunnel. Now in 2023 you’re more likely to be greeting the new year with some uncertainty, resignation or even dread.

South Korea’s make-up market to surge by 5.5% 

This will be driven by product innovation and rising online sales.