South African summers have a rhythm of their own. Long days, warm evenings, and a mix of beach time, big events, family holidays and last-minute …
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South Africa’s Booming $4 Billion Beauty Market a Key Battleground for Retailers
South Africa’s $4 billion beauty market is fast becoming a key battleground for retailers grappling with a sluggish economy, weak consumer confidence and intensifying competition. …
LVMH Bets on South Korea to Spur Growth on US, China Uncertainty
LVMH is ramping up its expansion in South Korea, with the luxury conglomerate looking to diversify its global presence as geopolitical and economic uncertainties hurt …
South Korea’s Depressed Art Market Puts a Damper on Frieze Seoul
The glassy atrium at Amorepacific Museum of Art pulsed with energy on Monday night as a thousand VIP guests gathered ahead of Frieze Seoul and …
KKR Buys South Korea’s Samhwa in $528 Million Deal
US-based KKR has acquired South Korea’s cosmetics packaging company Samhwa Co from TPG in a deal valued at 733 billion Korean won ($528 million), Samhwa …
Blackstone to Invest in South Korean Hair Care Business Juno
Blackstone Inc. agreed to make a significant investment in South Korean premium hair care business Juno. The US alternative asset manager will partner with Juno …
Shein and Temu Outpace Global Retail Giants in South Africa’s Fashion Market
China-founded e-commerce retailers Shein and Temu have captured a combined 3.6 percent share of South Africa’s retail, clothing, textile, footwear and leather (CTFL) market, accounting …
Crunch Time for South Asia’s Fashion Manufacturers
Factory owners and garment workers in countries like India, Bangladesh and Sri Lanka are feeling frustrated and nervous as their governments scramble to negotiate trade …
A 36-Year-Old Beauty Mogul Is South Korea’s Newest Billionaire
In a 15-second TikTok clip that has racked up millions of views, Kylie Jenner glides a sleek silver device across her face, swearing by its …
Trump to Levy 25% Tariffs on Japan, South Korea in August
President Donald Trump announced tariffs of 25 percent on goods from Japan and South Korea beginning on Aug. 1, as he moved to impose unilateral …