Shinsegae-owned E-mart’s first foray into the cosmetics market is hoping to create an entirely new K-beauty category, according to a report published by The Korea Herald.
Indian consumers have been subjected to a series of price hikes for personal care products, which the Economic Times is attributing to manufacturers hedging their bets ahead of the soon-to-be-introduced Goods and Services Tax (GST).
Memebox has attracted the most investment of any Korean start-up over the last year, according to a report published by the Korea Herald.
Shilla Duty Free has announced that it has secured a license to run duty free concessions at Hong Kong International Airport, according to a report published by Pulse News.
Unilever has signed an agreement with Alibaba-owned Lazada to build the industry’s first end-to-end alliance in the Southeast Asia region. The two companies will work closely together on category development, supply chain and fulfilment, data and marketing, social commerce and talent development.
LG Household & Health Care will see sales drop off as the Chinese government imposes a ban on travel to South Korea, according to a report published by The Investor.
Sephora has teamed up with OOH Media for a new interactive outdoor campaign to promote its Mix & Play skin care line. The LVMH-owned retailer has installed colorful vending machines outside Midpoint Orchard shopping center, Singapore, according to a report published by Marketing Interactive. The installation will remain in situ through April 12.
Procter & Gamble’s Philippines arm has teamed up with the country’s Department of Trade to run a program aimed at helping the owners of neighbourhood stores, known as sari-sari, to expand their businesses, according to a report published by Kam City.
Pop up retail spaces are said to be the answer to high retail rents and shrinking volumes in Hong Kong, with brands such as beauty giant Shiseido capitalizing on the growing trend.
K beauty giant AmorePacific has signed an agreement with wireless carrier SK Telecom in order to share data and develop new beauty items based on the Internet of Things (IoT).