Asians catching up on the West’s obsession with health and wellness is a trend that has created attractive investment opportunities, Ravi Thakran, a regional LVMH boss, told a luxury conference on Tuesday.
A fashion shopping app launches this week that claims it will “disrupt the fashion industry” by using AI, seamlessly linking online and offline product and empowering users to earn money from their content.
The LVMH-backed private equity firm has purchased a controlling stake in the South American bikini brand, with plans to create the largest independent house of beach lifestyle brands, alongside Seafolly.
Surpassing the U.S. last year, South Korea is now the No.2 cosmetics exporter to China, behind France. Koreans shipped $1.1 billion worth of cosmetics to the world's second-largest economy, with investors eyeing Korea...