Source: VF Corp, Nasdaq, Textile World, Businesswire
2020.July.03

VF Corporation (NYSE: VFC) announced organizational changes to strengthen and accelerate the company’s business strategy in the Asia Pacific Region, while at the same time adding enhanced leadership support for its Emerging Brands platform.
​​With a specific focus on advancing its stated strategy of growing its business in China, VF has created the new position of President, Greater China. VF will announce the leader appointed to this position later this summer, this will enable VF and its brands to move faster and with focused agility to pursue growth opportunities in this important market.
​Today, Greater China represents about 65 percent of VF’s total business in the Asia Pacific Region. The company expects that percentage to grow to nearly 80 percent by fiscal year 2024.

Source: McKinsey & Company, original article 
By Aimee Kim, Paul McInerney, Thomas Rüdiger Smith, and Naomi Yamakawa

Gen Zers (born 1996–2012) are coming of age. By 2025, the group will make up a quarter of the Asia–Pacific (APAC) region’s population—the same as millennials (born 1980–1995). And as Gen Zers mature, they will make and spend more money. Although Gen Zers share many qualities with millennials, it’s wrong to think of them simply as a younger version. Generation Z has its own unique characteristics. For one thing, unlike millennials, Gen Zers are entering into adulthood during a global pandemic. Still, the demographics are clear: by 2025, the two cohorts will compose half of APAC consumers.
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The five principles that companies should keep in mind as they approach Gen Zers:
1.Relevance and speed are more important than ever
2.The quality and price equation has to be just right
3.Social-media marketing needs to pay more attention to video
4.Being green isn’t enough: Price and quality also matter
5.Brands need to be locally relevant

Images from Mastercard and Eeden Bull websites

SINGAPORE - JULY 01, 2020
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Mastercard and EedenBull have extended their strategic partnership from Europe to the Asia Pacific region to support the fintech company's launch of a new digital platform for banks and businesses to process spending and payments more efficiently.
​Building on a partnership in Europe, the expanded relationship with Mastercard will support the rollout of Eedenbull's new commercial cards platform to banks looking to tap into vast opportunities in the Asia Pacific business-to-business payments market. Based in Norway, Scotland, and Singapore, EedenBull is a technology-agnostic innovation company built by banking, payment, and technology professionals.

Source: digitaljournal, gminsights, Internet
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According to the report by Global Market Insights Inc., the Asia-Pacific cosmetic preservatives market is going to exceed 85 million by 2026, as a CAGR of 7% from 2020 to 2026. The report provides a thorough analysis of the industry size and estimations, drivers and opportunities, competitive scenario, key investment pockets, wavering market trends, and top winning strategies.

Source: GroupM, Philstar
Singapore, 9 June 2020
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GroupM, the media investment group of WPP, announced an industry-leading partnership with Lazada Group – Southeast Asia’s largest e-Commerce platform – covering all six Southeast Asia markets where Lazada Group has operations.