![Shu Uemura to open global flagship in Tokyo](https://www.globalcosmeticsnews.com/wp-content/uploads/2021/04/shu-uemura.jpg)
Shu Uemura to open global flagship in Tokyo
Shu Uemura is preparing to unveil a global flagship in Tokyo, Japan. The store will boast a façade inspired by the make-up brand Founder’s original make-up case with a ridged black front, according to a report published by Retail & Leisure International.
![AS Watson unveils its Social Purpose and 2030 Sustainability Vision](https://www.globalcosmeticsnews.com/wp-content/uploads/2021/03/as-watson-sustainability.jpg)
AS Watson unveils its Social Purpose and 2030 Sustainability Vision
AS Watson Group and its 13 global retail and manufacturing brands have announced the launch of a refreshed Social Purpose as well as a 2030 Sustainability Vision.
![Tmall leaps into intellectual property domain with IPmart launch](https://www.globalcosmeticsnews.com/wp-content/uploads/2018/04/can-the-tmall-cat-fly-in-the-sky-c6a5f3c1a2-1080x675.jpg)
Tmall leaps into intellectual property domain with IPmart launch
Alibaba-owned Tmall has launched an intellectual property trading property, dubbed IPmart, designed to help China’s emerging creators find business opportunities, according to a report published by WWD.
![Coupang completes largest US IPO of the year to date](https://www.globalcosmeticsnews.com/wp-content/uploads/2021/03/Coupang.jpg)
Coupang completes largest US IPO of the year to date
Shares in Seoul-based e-commerce company Coupang started trading last Thursday on the New York Stock Exchange at US$35 per share, above the upwardly revised range, to raise US$4.6 billion, according to a report published by Nikkei Asia.
![Muji to dedicate 30 percent of store footprint to food](https://www.globalcosmeticsnews.com/wp-content/uploads/2021/03/muji.jpg)
Muji to dedicate 30 percent of store footprint to food
Muji is preparing to up its grocery aisle to a department, according to a report published by Nikkei Asia. The Ryohin Keikaku-owned retailer, which is known for its homeware, will dedicate up to a third of the sales floor in new stores to food.
![Lotte Shopping struggles to grow online presence](https://www.globalcosmeticsnews.com/wp-content/uploads/2021/03/lotte-on.jpg)
Lotte Shopping struggles to grow online presence
Lotte Shopping’s online shopping platform, Lotte On is struggling to attract repeat visitors to its recently launched e-commerce facility, according to a report published by The Korea Times.
![Poshmark expands into Australia following IPO](https://www.globalcosmeticsnews.com/wp-content/uploads/2021/02/Poshmark.jpg)
Poshmark expands into Australia following IPO
U.S. fashion and beauty e-tailer Poshmark is expanding its presence into Australia, a move that follows its January IPO, according to a report by Bloomberg.
![AmorePacific signs Memorandum of Understanding with Shoppee](https://www.globalcosmeticsnews.com/wp-content/uploads/2021/02/amorepacific-shopee.jpg)
AmorePacific signs Memorandum of Understanding with Shoppee
AmorePacific has signed a Memorandum of Understanding with leading e-commerce platform, Shopee to strengthen their regional partnership and accelerate the growth of K-beauty in the booming online beauty category in Southeast Asia.
![China’s Hainan province opens two more duty free stores](https://www.globalcosmeticsnews.com/wp-content/uploads/2021/02/Hainan.jpg)
China’s Hainan province opens two more duty free stores
China’s island province of Hainan has opened two new duty free stores, taking the total number in the province to nine.
![Coty opens Gucci Beauty flagship on Tmall Luxury Pavilion](https://www.globalcosmeticsnews.com/wp-content/uploads/2021/02/gucci-beauty.jpg)
Coty opens Gucci Beauty flagship on Tmall Luxury Pavilion
Coty has announced the opening of the Gucci Beauty flagship on Alibaba’s Tmall Luxury Pavilion.
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