Chinese beauty start up Yatsen acquires Eve Lom
Chinese cosmetics start up company Yatsen has acquired Eve Lom from Manzanita Capital.
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UCO Cosmetics mulls Hong Kong IPO
Chinese e-commerce servicing firm, UCO Cosmetics is mulling floating on the Hong Kong stock exchange, according to a report published by Bloomberg quoting sources ‘familiar with the matter’.
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Lotte Shopping struggles to grow online presence
Lotte Shopping’s online shopping platform, Lotte On is struggling to attract repeat visitors to its recently launched e-commerce facility, according to a report published by The Korea Times.
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Avon named one of Philippines’ top employers
Avon Philippines has been recognized as a Top Employer by the Top Employer Institute for its employee work policies, according to a report published by the Manila Standard.
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Nigeria’s FairMoney has high hopes for Indian expansion
Licensed online lender FairMoney is hoping to replicate its success in Nigeria on the Indian market, according to a report published by Tech Crunch.
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Singapore opens COVID-secure meeting facility
Singapore has cut the ribbon on a new venue designed to facilitate in-person meetings without upping the risk of COVID-19 transmission, according to a report published by Nikkei Asia.
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Indian beauty ad spend forecast to grow 7.6 percent this year
Advertising spend across the beauty sector is forecast to grow 7.6 percent a year up until 2022, according to a report published by Live Mint quoting figures released by media agency, Zenith.
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AmorePacific signs Memorandum of Understanding with Shoppee
AmorePacific has signed a Memorandum of Understanding with leading e-commerce platform, Shopee to strengthen their regional partnership and accelerate the growth of K-beauty in the booming online beauty category in Southeast Asia.
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Shiseido unveils strategy for recovery by 2023
Shiseido has developed a new medium- to long-term strategy, named WIN 2023 and Beyond, which summarizes its basic strategy for the three years up until 2023 and its vision through 2030 and beyond.
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DFS signs up to Brisbane’s Queen’s Wharf Development
LVMH-owned DFS has signed on the dotted line to deliver 6,000 sqm of luxury retail floorspace in the AU$3.6 billion Queen’s Wharf development in Brisbane, according to a report published by Business News Australia.
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