Following the disruptions caused by COVID-19, many prominent brands and retailers had to depart the local retail scene. However, companies like LUXASIA who were able to successfully pivot towards eCommerce managed to stay profitable and embark on strategic retail expansion for a holistic omnichannel experience. In the next step of growth, LUXASIA plans to be the one-stop destination for luxury retail in Asia Pacific as travel resumes.
Based on more than 25 years of observed practice in Deloitte’s prestigious global awards program, LUXASIA’s win is a compelling endorsement of its transformation efforts over the last five years. It has evolved from a traditional distributor into an omnichannel distribution platform, covering luxury retail, e-commerce, social commerce, distribution, consumer marketing and data analytics.
Escentials, the retail concept for niche and luxury beauty brands owned by leading Asia-Pacific omnidistribution company, LUXASIA is expanding its physical retail outlets beyond Singapore and into the rest of Southeast Asia. By 2022, Escentials will be positioned in the heart of countries like Malaysia, Vietnam and Thailand while simultaneously growing its online store using technology like 3-D AR.
LUXASIA is proud to announce the launch of its ecommerce enabler arm – LEAP Commerce. Covering end-to-end solutions for enablement on all digital channels for brands, is already a market leader in Beauty and Toys through working with brands like Lego, Hasbro and Benefit. With 100% customer retention to this date, LEAP Commerce is poised to accelerate its growth in the region and expand its portfolio to Electronics, Mother & Baby and Niche Fashion.
