CVC Mulls Buying Stake in Jeweller APM Monaco From TPG
CVC Capital Partners is considering buying a stake in the fashion jeweller from private-equity firm TPG Inc., according to people familiar with the matter.
Thailand
Global Markets
Thailand Is Becoming a Luxury Retail Powerhouse
A $3.2 billion new luxury precinct called One Bangkok is rising in the Thai capital amid a flurry of investment by the city’s legacy department stores and malls as they renovate and expand to popular tourist destinations nationwide.
Thailand Is Becoming a Luxury Retail Powerhouse
A $3.2 billion new luxury precinct called One Bangkok is rising in the Thai capital amid a flurry of investment by the city’s legacy department stores and malls as they renovate and expand to popular tourist destinations nationwide.
Global Markets
Inside Thailand’s Booming Beauty Sector
The growing popularity of ‘T-beauty’ brands across Asia has made their home country an increasingly important market for global players.
Inside Thailand’s Booming Beauty Sector
The growing popularity of ‘T-beauty’ brands across Asia has made their home country an increasingly important market for global players.
Global Markets
JD.com to Shut Indonesia, Thailand Shopping Sites in Focus Shift
Chinese online retailer JD.com Inc. is closing its Indonesia and Thailand e-commerce sites as the company shifts its overseas strategy toward supply-chain and logistics services.
JD.com to Shut Indonesia, Thailand Shopping Sites in Focus Shift
Chinese online retailer JD.com Inc. is closing its Indonesia and Thailand e-commerce sites as the company shifts its overseas strategy toward supply-chain and logistics services.
Retail
Central Retail Corporation Denies Selfridges Deal
The statement leaves open the possibility that an entity associated with parent company Central Group, Thailand’s largest retail conglomerate, could still acquire the UK department store chain.
Central Retail Corporation Denies Selfridges Deal
The statement leaves open the possibility that an entity associated with parent company Central Group, Thailand’s largest retail conglomerate, could still acquire the UK department store chain.
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Global Markets
Global Beauty Accelerator SuperOrdinary Pours $25 Million Into E-Commerce Partner Crea
SuperOrdinary, which helps brands like Drunk Elephant, The Ordinary and Super Goop enter new markets or platforms, has invested $25 million in Bangkok-based Crea, the companies announced Nov. 17
Global Beauty Accelerator SuperOrdinary Pours $25 Million Into E-Commerce Partner Crea
SuperOrdinary, which helps brands like Drunk Elephant, The Ordinary and Super Goop enter new markets or platforms, has invested $25 million in Bangkok-based Crea, the companies announced Nov. 17
Global Markets
Shiseido Bets on Southeast Asia, China, for Global Sales Boost
As well as long-time stronghold mainland China, the Japanese beauty giant is counting on Southeast Asian markets to help it reach its 1 trillion yen ($8.9 billion) global sales target by 2023.
Shiseido Bets on Southeast Asia, China, for Global Sales Boost
As well as long-time stronghold mainland China, the Japanese beauty giant is counting on Southeast Asian markets to help it reach its 1 trillion yen ($8.9 billion) global sales target by 2023.
Retail
Thailand’s Central Retail Targets $2 Billion IPO in 2020
Parent company Central Retail is one of Thailand’s biggest conglomerates, operating malls in Thailand, Vietnam, Denmark and Italy.
Thailand’s Central Retail Targets $2 Billion IPO in 2020
Parent company Central Retail is one of Thailand’s biggest conglomerates, operating malls in Thailand, Vietnam, Denmark and Italy.
Retail
Thai Developers Pour Billions Into Retail
Retail sales growth reached a five-year high in August this year, with the Thai capital expecting to add more retail floor space than any other Southeast Asian city.
Thai Developers Pour Billions Into Retail
Retail sales growth reached a five-year high in August this year, with the Thai capital expecting to add more retail floor space than any other Southeast Asian city.
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News & Analysis
The Secret Behind the ‘Anti-It Bag’ Everyone is Carrying
The Bangkok-based designers behind Boyy, who grew a cult following for their minimalist aesthetic, are preparing for the next stage of growth, starting with a move to Milan.
The Secret Behind the ‘Anti-It Bag’ Everyone is Carrying
The Bangkok-based designers behind Boyy, who grew a cult following for their minimalist aesthetic, are preparing for the next stage of growth, starting with a move to Milan.
Beauty
Thai Beauty Brands Tap into Chinese Tourism Boom
Thai beauty companies are capitalising on the flow of Chinese consumers, the country's biggest source of tourists.
Thai Beauty Brands Tap into Chinese Tourism Boom
Thai beauty companies are capitalising on the flow of Chinese consumers, the country's biggest source of tourists.
Global Markets
Alibaba to Invest $320 Million in Thailand, as Rivals Boost Presence
Alibaba-backed Lazada is already one of the most popular e-commerce businesses in Thailand.
Alibaba to Invest $320 Million in Thailand, as Rivals Boost Presence
Alibaba-backed Lazada is already one of the most popular e-commerce businesses in Thailand.
Beauty
World's Top Beauty Stock Looks to Tap China’s $4.3 Billion Beauty Market
The shares of Beauty Community are the top-performers globally among cosmetics providers, surging 1,100 percent in the last five years — now the company looks to China for further growth.
World's Top Beauty Stock Looks to Tap China’s $4.3 Billion Beauty Market
The shares of Beauty Community are the top-performers globally among cosmetics providers, surging 1,100 percent in the last five years — now the company looks to China for further growth.
The News in Brief
Will Jewellery Help Shape Luxury’s Winners?
As weak appetite for handbags and geopolitical tensions weigh on fashion sales, luxury groups are leaning on high-performing jewellery to help boost growth and steady profit margins.
London’s Liberty Doubles Fabric Section as Sewing Booms
The department store has more than doubled the size of its fabrics department and will host crafting classes this autumn as social media drives a surge in activities like sewing.
US Businesses File Lawsuit Challenging New ‘Forced Labour’ Tariffs
Two small businesses, backed by the group that successfully sued over previous tariffs, say the new policy similarly exceeds the president’s authority to tax imports.
Perfume Maker Givaudan’s Sales Beat Estimates, Tariff Paybacks Weigh on Shares
Givaudan’s second-quarter organic sales came in ahead of market estimates on Thursday, but its shares fell 5 percent on litigation costs and tariff repayments.
Trump to Impose Forced Labour Duties on Friday as Temporary 10% US Tariffs Expire
The move is the White House’s latest effort to restore Trump’s campaign vision of a near-global tariff after the US Supreme Court in February struck down his ‘reciprocal’ duties.
LVMH Appoints General Manager of Fragrance
Givenchy executive Yann Musquin will lead the group’s fragrance portfolio, succeeding longtime division head Romain Spitzer.
India Changes Rule in Win for Foreign E-Commerce Companies
In a major win for Amazon, which lobbied for the change, the government will allow foreign e-commerce companies to buy products directly from Indian sellers and sell them to overseas customers.