Beauty giant Coty Inc. reported net revenues of USD 5.55 billion for fiscal 2023, up 5 percent, on the back of a strong fourth quarter, which saw revenues in Asia Pacific surged by more than 30 percen…
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‘Kidults’ in Southeast Asia are driving sales of toys and games
Southeast Asia (SEA) is expected to be the fastest growing region for traditional toys and games with a 5.4 percent retail value CAGR over the forecast period.…
Sephora names new CEO
French cosmetics retailer Sephora has a new CEO. Parent company LVMH announced that Guillaume Motte has been appointed president and CEO of Sephora, as the beauty retailer continues to expand [……
Retail in Asia launches UPSTARTS : Asia’s first awards dedicated to the next generation of homegrown retail players
Retail in Asia, launches its own awards, UPSTARTS. UPSTARTS mission is to recognise, amplify and reward Asia’s start up brands, retail concepts, retail tech solutions, their founders, expert partners …
Barneys files for bankruptcy
Barneys New York Inc. filed for bankruptcy protection from its creditors after getting squeezed by rising rents and fewer visitors to its luxury fashion boutiques.…
LVMH partners with Stella McCartney
French luxury goods group LVMH announced a tie-up with Stella McCartney, just months after the British designer known for her animal-friendly ethics ended a long-term partnership with Kering.…
P&G brings back oriental therapy in China
Procter & Gamble has bought back its Oriental Therapy brand and is relaunching the premium skincare line.…
Rimowa unveils new brand identity for its 120th anniversary
Rimova unveils its new brand identity. The new logo for the brand, set in a thin, clean sans serif font reflects the functional luxury of its luggage.…
Apparel has lost its appeal
Why Americans are spending less and less on clothing?…
Chinese Influencer Marketing: Why Chinese bloggers sell so well on social media
Chinese bloggers sell so well on social media like no KOL abroad. Why? This article answers this question from two perspectives: Chinese users and the commercialization of Chinese influencer marketing…