Staff Reporter
L’Oréal to acquire majority stake in Medik8
L’Oréal to acquire majority stake in Medik8
The deal is expected to complete in the coming months.
Authentic Brands Group opens APAC headquarters in Shanghai
The new office spans nearly 2,000 square meter.
Chinese consumers shift to cautious spending as growth slows
Annual consumption growth is expected to reach 2.3% in 2025.
Vietnam textile industry to pilot first steam-generating heat pump
H&M Group is amongst the partners in the project.
Tealive enters FMCG market with launch of 3-in-1 sachet range
It will be available starting 15 June at AEON outlets.
L’Oréal partners with NVIDIA to scale AI across beauty business
The deal focuses on 3D rendering and generative AI.
Starbucks pilots ‘Green Dot’ AI assistant to support baristas in real time
It is currently being piloted in 35 Starbucks locations.
Shiseido opens expanded beauty counter at Fukuoka Airport
The revamped space is five times larger than the previous setup.
L’Oréal launches fifth global employee share plan
The plan offers up to 300,000 shares.
MBK Partners seeks buyer for troubled South Korean chain Homeplus
The retailer has lost over $1b in the past five years.
Wellcome Hong Kong triumphs with dual wins at Retail Asia Awards 2025
The supermarket giant was recognised for digital transformation and retail excellence in a landmark year.
Performance Motors nabs win as Automotive Retailer of the Year - Singapore at Retail Asia Awards 2025
It has invested in a significant retail transformation that includes Singapore’s largest BMW Retail.Next showroom.
LUXASIA delivers excellence with resilience in Luxury Beauty & Retail with a triple-win at the Retail Asia Awards 2025
The company secures top honours in Singapore, Indonesia, and Malaysia, affirming its leadership in luxury beauty retail & omni-distribution across Asia Pacific.
7-Eleven opens first store in Hanoi
This marks 7-Eleven’s entry into the Hanoi market.
Alibaba launches AI tool to help fashion retailers create virtual try-on videos
It turns product photos into try-on videos.
YouTube doubles down on video commerce in Southeast Asia
It now has 7,600 creators with over 1 million subscribers.
SM taps 800 personal shoppers to boost customer experience
It offers same-day delivery and dedicated assistance.
Commentary
How retailers can lead the charge in the AI future