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.
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.
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.
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.
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.
TikTok plans e-commerce drive
TikTok is gearing up to introduce a number of features to its site that will enable e-commerce and affiliate marketing this year, according to a report published by the Financial Times.
Kao merges Kanebo and Sofina to strengthen brand communications
Kao has announced that it is creating a new beauty consulting business via the merger of its Kanebo and Sofina Beauty Consulting Companies. Kao Beauty Brands Counseling Co, as the new company will be known, will offer professional counselling conducted by beauty consultants.
Coty opens Gucci Beauty flagship on Tmall Luxury Pavilion
Coty has announced the opening of the Gucci Beauty flagship on Alibaba’s Tmall Luxury Pavilion.
Net loss widens at AmorePacific as sales plummet 13.3 percent in Q4
AmorePacific Corp has reported its results for the fourth quarter of fiscal 2020, according to a report published by The Korea Herald and saw its net loss widen to the tune of 1.7 percent year on year.
Shiseido divests personal care business to CVC in $1.5bn deal
Shiseido has announced the sale of its shampoo and affordable skin care business to CVC Capital Partners, in a deal valued at 160 billion yen ($1.52bn).
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