APAC

The Estée Lauder Companies issues $650m of senior notes

Closing of the offering will occur on or about 14 February 2024.

The Estée Lauder Companies issues $650m of senior notes

Closing of the offering will occur on or about 14 February 2024.

Social media influence nearly half of Asian consumers' purchase decision

About seven in 10 Asian consumers buy non-grocery items online.

Estee Lauder to reduce employees by up to 5% amidst decline in sales

Organic sales were down 8% YoY due to challenges in Asia travel retail, amongst others.

Coty enters new license with fashion brand Marni

The new licensing agreement for both brands will start in 2026.

Around 3 in 5 APAC consumers consider health, well-being impacts in food purchase

As a result, functional food products are seeing increasing demand.

Natura &Co mulls Natura &Co Latam, Avon separation

Both entities will operate as two independent, publicly traded beauty companies.

Shiseido completes Dr. Dennis Gross Skincare acquisition

The acquisition is part of Shiseido’s global expansion strategy.

IKEA introduces AI assistant in OpenAI GPT

The feature offers specific and customised home design needs for IKEA customers.

How AI reshapes Asia’s foodservice sector

Operational efficiency due to AI use boosts companies’ bottom line.

True Religion gains new licensees for Star Ride Kids and Mad Engine Global

Star Ride Kids and Mad Engine Global will be featured in True Religion.

Crocs names CFO Anne Mehlman as President

Michelle Poole will step down from the role as EVP and President

Coupang finalises Farfetch acquisition

Farfetch will also improve its brand through $500m in capital.

Why FMGC specialists need loyalty schemes to succeed

Around 55.3% cite loyalty schemes as an influence in purchasing food and grocery.

H&M Group names new President and CEO

Outgoing CEO Helena Helmersson has left the company after 26 years.