Fashion
L’Oreal achieves carbon neutrality across all North Asia sites
This covers Mainland China, Japan, South Korea, Hong Kong, and Taiwan.
Reliance Brands brings Italian luxury brand Valentino to India
Its first boutique will open in Delhi.
First Nike Style concept store opens in South Korea
It is located in Hongdae in the capital Seoul.
Longchamp opens flagship store on JD.com
This brings the number of luxury brands on JD to over 300.
Thailand skincare market to exceed $3b in 2026: report
It is projected to see an average of of 3.8% growth annually.
Health and beauty to see 5% annual growth in 2021/26
The average household spent US$345 on health and beauty last year.
China’s luxury market suffers from spending crunch amidst strict COVID measures
Despite this, consumer appetite remains strong.
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.