French luxury brand Balmain appointed Jean-Jacques Guével as CEO.…
Central Group plans international expansion with latest investment
Thailand’s Central Group said it plans to expand overseas, earmarking an investment of 20 billion baht (US$663 million) to facilitate the growth.…
7-Eleven Korea is becoming a cosmetics channel
Convenience stores are becoming a new channel for cosmetics.…
Kering holds exploratory talks to acquire Moncler
Kering SA has held exploratory talks with Moncler SpA about a potential deal for the Italian skiwear maker, people with knowledge of the matter said.…
How do Korea’s department stores attract younger customers?
Department stores struggling to sustain customers amid waning popularity of brick and-mortar retailers are undergoing renovation for a younger, practical and neighborly atmosphere.…
Watsons opens its 3,800th store in China
A.S. Watson Group announces the grand opening of its 3,800th Watsons store in China, an important milestone for its market leadership in the country.…
Unilever sales up on beauty segment, emerging markets sales
Anglo-Dutch company Unilever reported third-quarter growth, on the back on strong beauty segment revenues and increased sales in its emerging markets.…
Nike quits Amazon
Nike will stop selling merchandise directly to Amazon, as part of its push to sell more directly to consumers, the company confirmed to CNBC.…
Luxury fashion brands expand into South Korea
When it comes to purchasing luxury and premium products and services, South Koreans are almost on par with other major countries.…
Kakao has a significant increase in earnings
Korean internet giant Kakao announced a significant increase in its third-quarter earnings, backed by the growth of its advertisement platform on popular messenger app KakaoTalk.…