Danone Acquires Protein Drinks Maker Huel in €1 Billion Deal
Huel, which counts actor Idris Elba and TV presenter Jonathan Ross among its investors, has agreed to be acquired by the French consumer goods group in a deal worth about $1.2 billion.
Bangkok, Thailand
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
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.
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.
ADVERTISEMENT
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.
Global Markets
After Year-Long Mourning, Retailers Hope to Revive Thai Economy
With Thailand’s year of mourning almost over, political observers — as well as fashion brands and retailers — are starting to look to the future.
After Year-Long Mourning, Retailers Hope to Revive Thai Economy
With Thailand’s year of mourning almost over, political observers — as well as fashion brands and retailers — are starting to look to the future.
ADVERTISEMENT
Technology
Op-Ed | Technology Is Eating Fashion
Fashion companies that don't embrace technology are sitting ducks just waiting to be picked off by sharp-shooting software companies, argues Marc C. Close.
Op-Ed | Technology Is Eating Fashion
Fashion companies that don't embrace technology are sitting ducks just waiting to be picked off by sharp-shooting software companies, argues Marc C. Close.
Retail
Thai Online Retail Booms as E-Commerce Giants Compete for South East Asia
Online sales are up more than 100 percent, as estimates suggest internet retailing could be worth $65 billion by 2020.
Thai Online Retail Booms as E-Commerce Giants Compete for South East Asia
Online sales are up more than 100 percent, as estimates suggest internet retailing could be worth $65 billion by 2020.
Global Markets
After Death of Thai King, Luxury Market Wavers
With a year-long mourning period and a possibly less-than-smooth transition planned, what does the future hold for Thailand's luxury sector?
After Death of Thai King, Luxury Market Wavers
With a year-long mourning period and a possibly less-than-smooth transition planned, what does the future hold for Thailand's luxury sector?
Technology
Thailand's Central Group Buying E-Commerce Site Zalora's Thai Business
Thailand's Central Group is buying the Thai business of fashioned-focused e-commerce site Zalora, as announced by a unit of the group.
Thailand's Central Group Buying E-Commerce Site Zalora's Thai Business
Thailand's Central Group is buying the Thai business of fashioned-focused e-commerce site Zalora, as announced by a unit of the group.
The News in Brief
Qatar Investment Authority Eyes 10% Stake in Golden Goose
Qatar’s sovereign wealth fund is preparing to buy a stake in Italian sneaker maker Golden Goose, Corriere della Sera reported Saturday.
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.
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.