LUXASIA, Asia Pacific beauty distribution platform, named one of Singapore’s Best Managed Companies by Deloitte

SINGAPORE, July 12, 2021 /PRNewswire/ — It could not be timelier for LUXASIA to acquire the prestigious Singapore’s Very best Managed Corporations award from Deloitte this yr. On its importance, Dr Wolfgang Baier, Group CEO of LUXASIA, says, “This award is a powerful endorsement of our transformation initiatives, investments, and effects obtained around the final 5 yrs. This accomplishment is thanks to our open up ‘One Team’ society shared by additional than 2000 skills throughout 15 markets. We ended up equipped to merge qualified management expertise and deep digital abilities, with LUXASIA’s main entrepreneurial spirit and luxury excellence spanning over 4000 details-of-sale. This prestigious recognition by Deloitte, primarily immediately after its demanding evaluation, is testament to our relentless drive in setting up the major beauty omni-distribution system in Asia Pacific.”

Chairman Mr Patrick Chong & Group CEO Dr Wolfgang Baier of LUXASIA receiving the Singapore’s Best Managed Companies award, conferred by Deloitte



The inaugural Singapore edition of the awards is derived from Deloitte’s world Greatest Managed Organizations awards software, whose arduous evaluation framework is started on extra than 25 yrs of world wide apply in 37 countries, assessing organization things this sort of as method, quality of management, abilities & innovation, culture & dedication, as very well as governance & financials. LUXASIA is incredibly proud to receive this prestigious award. &#13

For luxurious and market beauty manufacturers, Asia Pacific is the location to be and to enter now. Its luxurious splendor sector is slated to have the best growth rate globally driven by a increasing middle-class, increasingly discerning people, high cell penetration, and accelerated social and online commerce development. LUXASIA’s distinctive and in depth omnichannel community facilitates incredibly rapid current market entries, hyper growth journeys, and impactful consumer engagements.

On the brilliant upcoming in advance, Mr Patrick Chong, Chairman of LUXASIA, affirms, “We are now prepared to press in advance with our strategies to increase our geographical footprint, creating and investing in new frontiers. The remodeled LUXASIA is even better poised to support luxurious elegance models unlock the entire probable of Asia Pacific and make them successful.” LUXASIA’s core competencies as a omnichannel distribution system span luxury retail, e-commerce, social commerce, distribution, and data-driven customer marketing and advertising. With these, LUXASIA now delivers larger worth to all model partners.

Concluding on a take note of gratitude, both equally Mr Chong and Dr Baier say, “We would like to thank our much more than 120 luxury magnificence manufacturer associates, as nicely as our myriad of retail and trade companions throughout the area, for their deep trust and robust help all these years.”

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