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: https://iop.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