LVMH shutters stores for Cha Ling brand
LVMH has closed all physical retail locations across China for its local luxury skjn care brand, Cha Ling and shut down its official WeChat account, according to a report published by Jing Daily.
The Good Glamm Group acquires majority stake in content-platform Tweak
The Good Glamm Group has acquired a majority 51 percent stake in the content-platform Tweak, owned by Actor and entrepreneur Twinkle Khanna.
Tata Group plans 20 tech-heavy beauty stores
India’s Tata Group is gearing up to compete with the likes of Sephora and Nykaa with the launch of a new tech-heavy beauty retail brand, according to a report published by Reuters.
India’s D2C Ecommerce acquires personal care brand Luxura Sciences
India’s e-commerce platform D2C Ecommerce has acquired personal care D2C brand Luxura Sciences.
Ocado shares rise following deal with South Korean retailer Lotte Shopping
Sales in online grocer Ocado have soared after it announced a deal to build robotic warehouses for South Korean retailer Lotte Shopping, according to a report by the Guardian.
Coupang to expand to Southeast Asia via Taiwan base
South Korea’s Coupang has announced that it is set to extend its reach to Southeast Asia via a logistics base in Taiwan, according to a report published by Pulse News.
LVMH signs first energy saving deal with Chinese mall owner
LVMH has announced that it has signed its first partnership with a leading shopping mall owner as part of its wider policy to reduce its energy consumption.
Coty cuts ribbon on digital flagship store for Hugo Boss in Southeast Asia
Coty has opened its largest digital flagship to date in Southeast Asia for its Hugo Boss Fragrances brand in partnership with Lazada.
Hope on the horizon for Japanese department stores as travel restrictions lifted
Shares in Japanese department stores started to climb after the country announced an end to travel restrictions that have been in place since the start of the pandemic, according to a report published by Bloomberg.
Reliance Industries launches first in-house premium fashion and lifestyle store
India’s Reliance Industries has launched its first in-house fashion and lifestyle store, named Azorte, according to a report by Reuters.
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