Artificial intelligence (AI) and augmented reality (AR) is giving the beauty industry a makeover in this increasingly digital world.

The growth of micro-, small and medium-sized enterprises, MSMEs, is paramount for socio-economic progress of any nation.

The luxury skincare industry is thriving as the beauty industry’s bright spot while contending with charges of elitism and lack of true differentiation.

The environmentalism movement is feasible only when it works in tandem with profitable business models and readily available technology.

The beauty industry is embracing the concept of inclusivity, moving beyond media-driven stereotypes and imagery to cater to a wider range of skin tones, body types, age groups and gender identities.

Meaningful connectivity continues to be a challenge for least developed countries (LDCs). Spire senior manager, Edy, encourages all to share information, resources and capital so that all countries can be connected equally.

The ‘Phygital’ revolution unlocks unprecedented growth opportunities, transforming businesses in the digital age. Embracing this concept has become a necessity for increasing market share and achieving greater success.

Even though SMEs employ 50 to 90 percent of the world’s workforce, increasing productivity remains a challenge. A better management strategy and more widespread adoption of new technology can help.

Spire Chairman, Leon Perera, hopes to see more women convert their great ideas into IP, and expiring IPs unleash more entrepreneurial activity that demonstrates that IP regimes can be fair and open.

Mergers and acquisitions (M&As) can work wonders for SMEs by introducing new talents and capabilities to existing businesses, resulting in better economies of scale, increased customer share and improved distribution networks.