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SINGAPORE, Sept. 21, 2022 /PRNewswire=KYODO JBN/ --

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

Image Attachments Links:

   Link: http://asianetnews.net/view-attachment?attach-id=429905

   Caption: From left to right, Sabrina Chong, Alwyn Chong, Dr Wolfgang Baier, and Patrick

Chong celebrates LUXASIA’s second win of Deloitte’s Best Managed Companies

Singapore Award