American multinational Coty Inc says e-commerce will be crucial in the South East Asian market as it aims to deliver “high double-digit growth” for its portfolio of fragrance brands.
Unilever-owned POND’S says its goal is to double its e-commerce business over the next five years as it aims to ramp up growth in the South East Asian region.
The company behind The Body Shop in three South East Asian markets is expecting to raise over MYR120m (US$30m) from an upcoming IPO on Kuala Lumpur's stock exchange.
![Coty Inc says e-commerce will be crucial in the South East Asian market. [Coty / Chloé Fragrances]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/coty-touts-e-commerce-as-strategic-growth-pillar-for-sea-fragrance-ambitions/15518165-1-eng-GB/Coty-touts-e-commerce-as-strategic-growth-pillar-for-SEA-fragrance-ambitions.jpg)
![POND’S says its goal is to double its e-commerce business over the next five years. [POND'S]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/pond-s-aiming-to-double-e-commerce-business-over-the-next-five-years-as-it-works-to-scale-up-business-in-sea/12140627-1-eng-GB/POND-S-aiming-to-double-e-commerce-business-over-the-next-five-years-as-it-works-to-scale-up-business-in-SEA.jpg)
