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Shanghai Forest Cabin Cosmetics Files for Hong Kong IPO
THE WHAT? Shanghai Forest Cabin Cosmetics Group, known as Lin Qingxuan, has filed for an initial public offering in Hong Kong as competition intensifies in China’s premium skincare market. THE DETAILS The company’s growth is anchored by its Camellia Essential Oil, which contributes nearly 40% of annual revenue and more than 45% in its…
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Seoul Beauty Club Raises US$2m Pre-Seed to Expand U.S. K-Beauty Platform
THE WHAT? U.S.-focused K-beauty subscription platform Seoul Beauty Club has raised US$2 million in pre-seed funding to scale its personalised skincare offering. THE DETAILS The round included investors from Korea and the U.S., including Sazze VC, Hustle Fund, Collaborative Fund Asia and Mashup Ventures. Operated by Faiston Corporation, the platform targets U.S. women aged…
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The Body Shop and indē wild Launch Joint Wedding-Gifting Range in India
THE WHAT? The Body Shop has partnered with indē wild to introduce a co-branded gifting range aimed at India’s wedding market. THE DETAILS The collaboration includes four curated gift boxes combining products from both The Body Shop and indē wild. The sets are designed around themes such as self-care, bridal routines and celebration-focused beauty…
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Amazon to Invest Over US$35 Billion in India to Accelerate AI, Exports and Infrastructure Expansion
THE WHAT? Amazon has outlined plans to invest more than US$35 billion in India by 2030, focusing on AI development, export growth and expanded operational infrastructure as competition intensifies in one of the world’s fastest-growing digital markets. THE DETAILS The investment builds on Amazon’s existing US$40 billion commitment to India since 2010 and follows…
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Unilever Bangladesh backs cleanup effort as volunteers remove nearly 2 tonnes of waste from St Martin’s beaches
THE WHAT? Unilever Bangladesh and Kewkradong Bangladesh led a coastal cleanup on St Martin’s Island, collecting nearly 2 tonnes of waste as part of the International Coastal Cleanup 2025 initiative. THE DETAILS Approximately 500 volunteers collected 1,850 kg of plastic waste and discarded fishing gear, which was transported to the mainland for proper disposal.…
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Orveda Opens First Bangkok Flagship to Accelerate Global Maison Expansion
THE WHAT? Orveda has launched La Maison Orveda Bangkok, its first flagship in Thailand and the newest addition to its expanding global Maison network. THE DETAILS Located in Bangkok’s Ploenchit district, the flagship marks Orveda’s entry into Southeast Asia, a key prestige skincare market where demand for biotech-led, results-driven skincare is rising. The restored…
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India’s Ceuticoz Enters Babycare Market with Dermatology-Led ‘Ceuticoz Baby’ Range
THE WHAT? Ceuticoz has expanded beyond cosmeceuticals into babycare and paediatric skincare with the launch of Ceuticoz Baby, a seven-SKU dermatology-developed range for newborns. THE DETAILS The new line marks the brand’s move into paediatric and family dermatology, leveraging more than 20 years of clinical skincare expertise. The launch collection includes a wash and…
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Shiseido Announces Major Structural Reorganization and Senior Leadership Moves Ahead of 2026
THE WHAT? Shiseido has outlined significant organizational restructuring and a series of executive personnel changes, effective January 1, 2026, aimed at consolidating sustainability, digital, creative and governance functions across the global business. THE DETAILS The company will integrate its sustainability-related functions by establishing the Sustainability Strategy Acceleration Office under the Corporate Transformation Acceleration Department,…
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Hong Kong Retail Sales Post Sixth Consecutive Month of Growth as October Hits New High
THE WHAT? Hong Kong’s retail sector recorded its sixth straight month of year-on-year growth in October, rising 6.9% to HK$35.2 billion (US$4.5 billion), the strongest monthly increase in half a year. THE DETAILS According to the Census and Statistics Department, October delivered the strongest monthly retail performance in half a year, supported by firmer…
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Amazon to Expand Lending Operations in India Through Axio Acquisition
THE WHAT? Amazon is preparing to expand its lending footprint in India, with plans to offer small-business credit and additional financial products through Axio, the non-bank lender it acquired earlier this year. THE DETAILS Axio—currently focused on BNPL and personal loans—will resume lending to small businesses and introduce cash-management tools aimed at improving merchant…