Luxury companies are expanding their portfolio into fragrance and beauty products, as seen by the creation of entire new divisions and string of acquisitions lately.
The emergence of competitive threat from TikTok has led to incumbents like Sea’s Shopee and GoTo’s Tokopedia reinvesting resources to defend their market share.
Singapore has ample hotel and dining choices but it should come as no surprise that it is one of the more expensive cities in the region for travelers.
Amer Sports success in Greater China can be attributed to the rising popularity of Arc’teryx. A similar retail strategy is being implemented for the Salomon brand.