Source: Disney, Yahoo, Variety, MSN, Pitchonnet, internet

Luke KANG has been assigned president of the Walt Disney Company for the Asia-Pacific region, as a Disney veteran, he will report to Rebecca Campbell, chairman of international operations and direct-to-consumer, will oversee the company’s business in Australia/New Zealand, Greater China, Japan, Korea, and Southeast Asia. A new India head seems will be announced near the new year.
About 2 months ago, the company announced the departure of Uday Shankar, president of Disney Asia-Pacific and chairman of Star and Disney India, which  becomes effective from Dec. 31. 

Source: DesignRush

Professional Employer Organizations, or PEOs, are companies that provide HR, payroll, benefits and additional solutions to businesses of all sizes, including small and medium ones.

Finding great talent is one of the most difficult tasks for a manager or business owner. And an even more difficult task is retaining it. Studies, such as this one from Gallop, show that insufficient employee benefits is one of the top reasons for employee turnover.
However, what happens if you are a smaller organization that just does not have the ability to support a massive HR department, complete with the best benefits and perks?

PEOs can help your business get the connections and benefits that those robust in-house HR departments offer, without the extreme cost. Yet the key to finding success with them is finding the right one, the full article can be found here.

Nov.27.2020, Shanghai
Source: Business Times, LVMH, Hermès, Tiffany & Co., Savills Research, Vogue Business, Internet

“For a number of years, Asia-Pacific has provided luxury brands with a key contribution to their global business,” says Anthony Selwyn, Head of Savills Prime Global Retail Team. “Now, the region is experiencing a positive recovery to Covid-19, stimulating further aggressive expansion and investment.”

In the historic years, luxury goods retail sales in the Asia-Pacific region grew significantly, driven by growing sales in emerging luxury markets., Bain expects Chinese local spend to account for up to 28% of global luxury consumption by 2025, up from 11% in 2019, this year from January to October 2020, APAC won 38.9% of global luxury store openings, it's the biggest share compared to other regions, although with the impact of the Covid-19 pandemic. Especially, China has a 64.7% growth in luxury store openings compared with 2019, the only major market which reported positive growth over this year.
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Source: Internet, ResearchAndMarkets.com, Championpetfoods, Royal Canin (Mars Inc.), United Pet Group Inc.

The Pet Food Market in China and Japan has USD 8 Billion value in the year 2019, the whole pet care markets have been derived by the pet food segment of the region, as a report said in Asia Pacific Pet Food Market Overview 2020-2025, recently released by Research and Markets.

Oct.28.2020, Shanghai
Source: Netflix, CNBC

Netflix, the leading streaming entertainment service provider, has released its third-quarter 2020 financial results by posting them to its website netflixinvestor.com.
In the Q3 results, the APAC region was the largest contributor to the  paid membership growth this quarter (46% of Q3 global paid net adds) and APAC revenue rose 66% year over year. The company are pleased with the progress making in this region and, in particular, that they achieved double digit penetration of broadband homes in both South Korea and Japan. The report said the company still have much work to do and already working hard to replicate this success in India and other countries.