PR Newswire
21 Sep 2022, 03:12 GMT+10
SINGAPORE, Sept. 21, 2022 /PRNewswire/ -- This year, LUXASIA has been named one of Singapore's Best Managed Companies by Deloitte yet again. This award win is a resounding affirmation of the company's comprehensive and ambitious three-year Growth Plan, as well as its culture of innovation, diversity, and teamwork.
"This win is a momentous one as we embark on our next chapter of hypergrowth in our corporate journey over the next three years. We aim to capture the burgeoning luxury beauty & lifestyle sector in Asia Pacific, powered by the solid capabilities forged from our rigorous five-year transformation journey. As one team of 2000 talents in 15 markets, we will lead the charge", says Dr Wolfgang Baier, Group CEO of LUXASIA.
Best Managed is a well-recognised awards program present in 48 countries globally. It evaluates businesses based on four pillars - strategy, quality of management, capabilities and innovation, culture and commitment, as well as governance and financials.
LUXASIA is Asia Pacific's leading brand-builder with omnichannel distribution capabilities integrating top-notch luxury retail, savvy online commerce, and rich consumer analytics located in 15 markets, powered by 2000 talents, partnering more than 120 brands. Not one to rest on their laurels despite having invested into five years of gruelling transformation, LUXASIA has unveiled a next 3-year growth plan spanning the domains of talents, business & consumers, omnichannel capabilities, and its underlying operating platform.
Two highlights of the growth plan would be the continued expansion of LEAP Commerce, its fully-owned eCommerce enabler and the regional expansion of escentials, its very own luxury niche omni-retail concept. At LUXASIA's core will always be omnichannel brand-building in the luxury beauty space - a time-tested winning formula grounded in its in-market expertise and strong network relationships. In parallel, LUXASIA will harness the significant business and operating synergies for the luxury lifestyle sector, an attractive business adjacency. Impressive first fruits on this front includes the launch of the prestigious Dyson in Indonesia.
With heartfelt gratitude, Mr Patrick Chong, Founder and Chairman of LUXASIA expresses, "This recognition is a testament of the deep-seated trust and support from our more than 120 luxury brand partners, as well as our many trade and retail partners across the region. Together, we will continue to build brands, develop talents, and bring delight to local consumers wherever we go in Asia Pacific."
Media Contact
Brynner Jananto
brynnerjananto@luxasia.com
SOURCE LUXASIA
Get a daily dose of Malaysia Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Malaysia Sun.
More InformationQUETTA, Pakistan - The terrorist attacks in Mastung and Hangu have been vehemently denounced by the international community, including the ...
SHAN STATE, Myanmar - According to a military source and a representative of a local rescue organization, a bomb explosion ...
DHAKA, Bangladesh - According to U.S. Ambassador to Bangladesh Peter Haas, addressing Dhaka's air quality problem is essential for public ...
ISLAMABAD, Pakistan - According to a high-ranking government official who briefed a parliamentary panel on Wednesday, although Pakistan has accelerated ...
KATHMANDU, Nepal - On Thursday, the National Human Rights Commission expressed its grave concern over attacks and mistreatment of medical ...
Islamabad [Pakistan], October 1 (ANI): Balochistan observed a nationwide "shutter down" strike in protest of the Mastung suicide blast that ...
SACRAMENTO, California: Fast food workers will now receive $20 per hour in California, after the governor signed a fast food ...
BEIJING, China: In a deal worth US$10 billion at list prices this week, state-owned carrier China Eastern Airlines announced that ...
BEIJING, China: This week, China Evergrande Group said its founder and chairman, Hui Ka Yan, is being investigated over suspected ...
RIVERSIDE COUNTY, California: In his opening statement this week in the first U.S. trial over allegations that a car autopilot ...
SEATTLE, Washington: As part of Washington's efforts to stop Big Tech from monopolizing the most lucrative parts of the internet, ...
JEDDAH, Saudi Arabia: As part of Riyadh's efforts to further Saudi Arabia's electrification drive, electric vehicle (EV) maker Lucid announced ...