It's full steam ahead for China e-tailer JD.com which has invested in a Hong Kong base to engage more with brands and retailers across Asia, and to make it easier, and quicker for international merchants to ship directly to consumers in China.
The global cosmetics player has appointed a new president, JuE Wong, effective August 3th, and has also signed an agreement with prestige beauty distributor Luxasia Ventures as it sets its sights on Southeast Asia expansion.
Sales this Chinese New Year aren't looking too lucrative for the world's largest prestige group, LVMH, which has been working harder then ever to attract Chinese tourists as luxury spending slowed down in Hong Kong.
Colgate’s Total toothpaste was found to contain triclosan on the US market last week. Now, more of the brand's products have been found to contain the same chemical alongside other personal care giants in Hong Kong.