Retailers Push UK to Join US and EU Ending Shein Parcel Loophole
British retailers are pushing the UK government to end a tax loophole that has helped online giants Shein and Temu make significant inroads and gain market share.
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
Exclusive: Deciem to Relaunch The Chemistry Brand
The Estée Lauder-owned beauty company and The Ordinary parent will relaunch one of its original brands as it moves to rekindle its reputation for incubation.
De Beers Makes Sweeping Cuts to Its Elite Diamond-Buying Club
The diamond company produced less than 22 million carats last year, down from almost 35 million in 2022.
L’Oréal India in Talks to Acquire Beauty Company Innovist
L’Oréal is in advanced talks to acquire a majority stake in Bare Anatomy parent Innovist sources told The Economic Times India.
Zegna Chairman Says War Has Clouded Visibility of Demand in Middle East
The Italian fashion house cautioned the war is reducing visibility on demand in the Middle East, which accounts for 7 percent of its sales, though all stores are currently open in the region.
Glossier Appoints New CMO
Nicole Solorzano, who joins from Ouai, is the Millennial beauty brand’s latest hire.
Macy’s CEO Points to E-Shaped Economy, Signalling Consumer Shift
The mention of a forked economy by the head of America’s largest department store signals a heightened wariness that middle-income Americans will continue to spend at the same pace.
France’s Bid to Suspend Shein’s Marketplace Rejected by Appeals Court
The decision from Paris’ Court of Appeal marked a win for the fast-fashion giant after a scandal over sex dolls resembling children for sale on its site.