For second year operating, LUXASIA wins Best Managed Companies Singapore Award by Deloitte


SINGAPORE, Sept. 20, 2022 /PRNewswire/ — This year, LUXASIA has been named one in all Singapore’s Best Managed Companies by Deloitte but once more. This award win is a powerful affirmation of the corporate’s complete and bold three-year Growth Plan, in addition to its tradition of innovation, range, and teamwork.

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

“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 current in 48 nations globally. It evaluates companies primarily based on 4 pillars – technique, high quality of administration, capabilities and innovation, tradition and dedication, in addition to governance and financials.

LUXASIA is Asia Pacific’s main brand-builder with omnichannel distribution capabilities integrating top-notch luxurious retail, savvy on-line commerce, and wealthy client analytics situated in 15 markets, powered by 2000 abilities, partnering greater than 120 manufacturers. Not one to relaxation on their laurels regardless of having invested into 5 years of gruelling transformation, LUXASIA has unveiled a subsequent 3-year progress plan spanning the domains of abilities, business & customers, omnichannel capabilities, and its underlying working platform.

Two highlights of the expansion plan can be the continued growth of LEAP Commerce, its fully-owned eCommerce enabler and the regional growth of escentials, its very personal luxurious area of interest omni-retail idea. At LUXASIA’s core will at all times be omnichannel brand-building within the luxurious magnificence area – a time-tested profitable method grounded in its in-market experience and powerful community relationships. In parallel, LUXASIA will harness the numerous business and working synergies for the luxurious way of life sector, a lovely business adjacency. Impressive first fruits on this entrance consists of the launch of the distinguished 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.”

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