{"id":4728,"date":"2024-06-21T13:39:18","date_gmt":"2024-06-21T06:39:18","guid":{"rendered":"https:\/\/thaipropertynews.com\/feeds\/?p=4728"},"modified":"2024-06-21T13:39:18","modified_gmt":"2024-06-21T06:39:18","slug":"loreal-hong-kong-unveils-citys-first-open-innovation-accelerator-for-the-beauty-industry","status":"publish","type":"post","link":"https:\/\/thaipropertynews.com\/feeds\/?p=4728","title":{"rendered":"L&#8217;Or\u00e9al Hong Kong Unveils City&#8217;s First Open Innovation Accelerator for the Beauty Industry"},"content":{"rendered":"<p>L&#8217;Or\u00e9al Big Bang Hong Kong, in collaboration with Hong Kong Science and Technology Parks Corporation (HKSTP) and Business France Hong Kong, aims to accelerate the city&#8217;s open innovation and co-creation for future beauty. <\/p>\n<p><span class=\"xn-location\">HONG KONG<\/span>, <span class=\"xn-chron\">June 21, 2024<\/span> \/PRNewswire\/ &#8212; L&#8217;Or\u00e9al <span class=\"xn-location\">Hong Kong<\/span> today announced the launch of the Big Bang Beauty Tech Innovation Programme (&#8220;Big Bang&#8221;) in <span class=\"xn-location\">Hong Kong<\/span>, a groundbreaking open innovation accelerator initiative designed to drive the co-creation and co-development of future beauty experiences. This initiative reaffirms L&#8217;Or\u00e9al&#8217;s commitment to meeting the ever-evolving needs of its consumers powered by technology and innovation.<\/p>\n<p>L&#8217;Or\u00e9al <span class=\"xn-location\">Hong Kong<\/span>, in partnership with HKSTP and Business France, is revolutionising beauty retail. By partnering with tech startups, we aim to bring the essence of Lanc\u00f4me&#8217;s &#8220;<span class=\"xn-person\">Domaine de la Rose<\/span>&#8221; to life for consumers in <span class=\"xn-location\">Hong Kong<\/span>. Through innovative beauty tech solutions fuelled by cutting-edge technology and immersive experiences, L&#8217;Or\u00e9al aims to redefine how customers connect and interact with Lanc\u00f4me&#8217;s products, experience and heritage.<\/p>\n<p>HKSTP and Business France will play a pivotal role in the Big Bang Hong Kong edition, scouting innovative solutions from a diverse pool of startup talent in both <span class=\"xn-location\">Hong Kong<\/span> and <span class=\"xn-location\">France<\/span>. The three parties will also join hands in co-incubating and co-nurturing these promising startups, fostering the development of revolutionary beauty tech solutions and boosting cross-sector collaboration.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\">\n<p><a href=\"https:\/\/mma.prnasia.com\/media2\/2443681\/LOreal_Hong_Kong.html\" target=\"_blank\" rel=\"noopener\"><\/a><br \/><span>(From left to right) Mrs. Christile DRULHE, Consul General of France in Hong Kong and Macau; Ms. Eva YU, President and Managing Director, L\u2019Or\u00e9al Hong Kong; Mr. Albert WONG, Chief Executive Officer, Hong Kong Science and Technology Parks Corporation<\/span><\/p>\n<\/div>\n<p>\u00a0<\/p>\n<div class=\"PRN_ImbeddedAssetReference\">\n<p><a href=\"https:\/\/mma.prnasia.com\/media2\/2443682\/LOreal_Hong_Kong_2.html\" target=\"_blank\" rel=\"noopener\"><\/a><br \/><span>(From left to right) Ms. Soo Young LEE, General Manager, LUXE Division, L\u2019Or\u00e9al Hong Kong; Mr. Bertrand QUEVREMONT, Director, Business France Hong Kong; Mrs. Christile DRULHE, Consul General of France in Hong Kong and Macau; Ms. Eva YU, President and Managing Director, L\u2019Or\u00e9al Hong Kong; Mr. Albert WONG, Chief Executive Officer, Hong Kong Science and Technology Parks Corporation; Mr. Derek CHIM, Head of Incubation and Acceleration Programmes, Hong Kong Science and Technology Parks Corporation; Ms. Helen LEUNG, Director, Corporate Affairs and Engagement, L\u2019Or\u00e9al Hong Kong<\/span><\/p>\n<\/div>\n<p>&#8220;We are excited to collaborate with HKSTP and Business France Hong Kong to roll out the first Big Bang Hong Kong edition,&#8221; said Eva YU, President and Managing Director, L&#8217;Or\u00e9al <span class=\"xn-location\">Hong Kong<\/span>. &#8220;At L&#8217;Or\u00e9al, we believe that innovation and collaboration can push the boundaries of what&#8217;s possible. This programme reflects our beauty tech commitment to fostering innovation and driving positive change in the beauty industry. By joining forces with startups, technology and business ecosystem partners, we can collectively create a more innovative future for <span class=\"xn-location\">Hong Kong&#8217;s<\/span> retail landscape through technologies such as big data, AI and virtual reality.&#8221;<\/p>\n<p>Albert WONG, Chief Executive Officer of Hong Kong Science and Technology Parks Corporation (HKSTP), said, &#8221;HKSTP has extensive experience in nurturing start-ups and fostering the transformation of innovative ideas from entrepreneurs, which can help accelerate their journey to commercialization. We are honoured to collaborate with L&#8217;Or\u00e9al, a market leader in the beauty industry, and Business France, to drive the advancement of beauty tech and strengthen the exchange of I&amp;T talents between <span class=\"xn-location\">Hong Kong<\/span> and <span class=\"xn-location\">France<\/span> together.&#8221;<\/p>\n<p>&#8220;L&#8217;Or\u00e9al has consistently led the beauty industry with its commitment to innovation, and their dedication to fostering emerging talent and startups is truly commendable,&#8221; said Christile DRULHE, Consul General of <span class=\"xn-location\">France<\/span> in <span class=\"xn-location\">Hong Kong<\/span> and <span class=\"xn-location\">Macau<\/span>. &#8220;The Big Bang Beauty Tech Innovation Program is a shining example of this commitment, and we are thrilled to celebrate the launch of its first-ever <span class=\"xn-location\">Hong Kong<\/span> edition. We look forward to seeing an enthusiastic response from the city&#8217;s brightest minds.&#8221;<\/p>\n<p>The initiative is open for applications\u00a0from early July until <span class=\"xn-chron\">mid-August 2024<\/span>. Startups with validated business ideas and functional prototypes that go beyond the boundaries of the beauty industry and retail landscape are encouraged to submit their proposals through the Big Bang Hong Kong website. Selected startups will have the opportunity to collaborate with L&#8217;Or\u00e9al <span class=\"xn-location\">Hong Kong<\/span> and gain access to invaluable resources, a potential commercial pilot, mentorship, and networking opportunities. In addition, the winning startup(s) will have the incredible opportunity to showcase its solution(s) at the <span class=\"xn-chron\">November 2024<\/span> China International Import Expo in <span class=\"xn-location\">Shanghai<\/span>, where they can participate in industry networking events and an award ceremony.<\/p>\n<p>Big Bang is an open innovation initiative that aims to disrupt beauty solution for consumers through collaboration with startups and partners. Launched in 2020 by L&#8217;Or\u00e9al <span class=\"xn-location\">China<\/span>, the programme focuses on driving the co-creation and co-development of innovative beauty products and experiences. It is now available in all L&#8217;Or\u00e9al <span class=\"xn-location\">North Asia<\/span> markets. Inspired by its potential and successful cases, the L&#8217;Or\u00e9al <span class=\"xn-location\">South Asia Pacific<\/span>, <span class=\"xn-location\">Middle East<\/span>, and <span class=\"xn-location\">North Africa<\/span> (SAPMENA) region also launched its Big Bang edition in 2024.<\/p>\n<p>Follow us on <a href=\"https:\/\/www.facebook.com\/lorealhongkong\" target=\"_blank\" rel=\"noopener\">Facebook<\/a> for all our latest updates of Big Bang 2024!<\/p>\n<p>About L&#8217;Or\u00e9al<\/p>\n<p>For 115 years, L&#8217;Or\u00e9al, the world&#8217;s leading beauty player, has devoted itself to one thing only: fulfilling the beauty aspirations of consumers around the world. Our purpose, to create the beauty that moves the world, defines our approach to beauty as essential, inclusive, ethical, generous and committed to social and environmental sustainability. With our broad portfolio of 37 international brands and ambitious sustainability commitments in our L&#8217;Or\u00e9al for the Future programme, we offer each and every person around the world the best in terms of quality, efficacy, safety, sincerity and responsibility, while celebrating beauty in its infinite plurality.<\/p>\n<p>With more than 90,000 committed employees, a balanced geographical footprint and sales across all distribution networks (e-commerce, mass market, department stores, pharmacies, perfumeries, hair salons, branded and travel retail), in 2023 the Group generated sales amounting to <span class=\"xn-money\">41.18 billion euros<\/span>. With 20 research centres across 11 countries around the world and a dedicated Research and Innovation team of over 4,000 scientists and 6,400 Digital talents, L&#8217;Or\u00e9al is focused on inventing the future of beauty and becoming a Beauty Tech powerhouse.<\/p>\n<p>L&#8217;Or\u00e9al <span class=\"xn-location\">Hong Kong<\/span> was established in 1983 as a subsidiary of the L&#8217;Or\u00e9al Group, and it offers over 15 brands to local customers. L&#8217;Or\u00e9al <span class=\"xn-location\">Hong Kong<\/span> has been active in giving back to the local community and recognised as a &#8220;Caring Company&#8221; since 2003.<\/p>\n<p>More information: <a href=\"https:\/\/www.loreal.com\/en\/hong-kong-sar\/\" target=\"_blank\" rel=\"noopener\">https:\/\/www.loreal.com\/en\/hong-kong-sar\/<\/a><\/p>\n<div class=\"PRN_ImbeddedAssetReference\">\n<\/div>","protected":false},"excerpt":{"rendered":"<p><!-- wp:html --><\/p>\n<p>L&#8217;Or\u00e9al Big Bang Hong Kong, in collaboration with Hong Kong Science and Technology Parks Corporation (HKSTP) and Business France Hong Kong, aims to accelerate the city&#8217;s open innovation and co-creation for future beauty. <\/p>\n<p><span class=\"xn-location\">HONG KONG<\/span>, <span class=\"xn-chron\">June 21, 2024<\/span> \/PRNewswire\/ &#8212; L&#8217;Or\u00e9al <span class=\"xn-location\">Hong Kong<\/span> today announced the launch of the Big Bang Beauty Tech Innovation Programme (&#8220;Big Bang&#8221;) in <span class=\"xn-location\">Hong Kong<\/span>, a groundbreaking open innovation accelerator initiative designed to drive the co-creation and co-development of future beauty experiences. This initiative reaffirms L&#8217;Or\u00e9al&#8217;s commitment to meeting the ever-evolving needs of its consumers powered by technology and innovation.<\/p>\n<p>L&#8217;Or\u00e9al <span class=\"xn-location\">Hong Kong<\/span>, in partnership with HKSTP and Business France, is revolutionising beauty retail. By partnering with tech startups, we aim to bring the essence of Lanc\u00f4me&#8217;s &#8220;<span class=\"xn-person\">Domaine de la Rose<\/span>&#8221; to life for consumers in <span class=\"xn-location\">Hong Kong<\/span>. Through innovative beauty tech solutions fuelled by cutting-edge technology and immersive experiences, L&#8217;Or\u00e9al aims to redefine how customers connect and interact with Lanc\u00f4me&#8217;s products, experience and heritage.<\/p>\n<p>HKSTP and Business France will play a pivotal role in the Big Bang Hong Kong edition, scouting innovative solutions from a diverse pool of startup talent in both <span class=\"xn-location\">Hong Kong<\/span> and <span class=\"xn-location\">France<\/span>. The three parties will also join hands in co-incubating and co-nurturing these promising startups, fostering the development of revolutionary beauty tech solutions and boosting cross-sector collaboration.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\">\n<p><a href=\"https:\/\/mma.prnasia.com\/media2\/2443681\/LOreal_Hong_Kong.html\" target=\"_blank\" rel=\"noopener\"><\/a><br \/><span>(From left to right) Mrs. Christile DRULHE, Consul General of France in Hong Kong and Macau; Ms. Eva YU, President and Managing Director, L\u2019Or\u00e9al Hong Kong; Mr. Albert WONG, Chief Executive Officer, Hong Kong Science and Technology Parks Corporation<\/span><\/p>\n<\/div>\n<p>\u00a0<\/p>\n<div class=\"PRN_ImbeddedAssetReference\">\n<p><a href=\"https:\/\/mma.prnasia.com\/media2\/2443682\/LOreal_Hong_Kong_2.html\" target=\"_blank\" rel=\"noopener\"><\/a><br \/><span>(From left to right) Ms. Soo Young LEE, General Manager, LUXE Division, L\u2019Or\u00e9al Hong Kong; Mr. Bertrand QUEVREMONT, Director, Business France Hong Kong; Mrs. Christile DRULHE, Consul General of France in Hong Kong and Macau; Ms. Eva YU, President and Managing Director, L\u2019Or\u00e9al Hong Kong; Mr. Albert WONG, Chief Executive Officer, Hong Kong Science and Technology Parks Corporation; Mr. Derek CHIM, Head of Incubation and Acceleration Programmes, Hong Kong Science and Technology Parks Corporation; Ms. Helen LEUNG, Director, Corporate Affairs and Engagement, L\u2019Or\u00e9al Hong Kong<\/span><\/p>\n<\/div>\n<p>&#8220;We are excited to collaborate with HKSTP and Business France Hong Kong to roll out the first Big Bang Hong Kong edition,&#8221; said Eva YU, President and Managing Director, L&#8217;Or\u00e9al <span class=\"xn-location\">Hong Kong<\/span>. &#8220;At L&#8217;Or\u00e9al, we believe that innovation and collaboration can push the boundaries of what&#8217;s possible. This programme reflects our beauty tech commitment to fostering innovation and driving positive change in the beauty industry. By joining forces with startups, technology and business ecosystem partners, we can collectively create a more innovative future for <span class=\"xn-location\">Hong Kong&#8217;s<\/span> retail landscape through technologies such as big data, AI and virtual reality.&#8221;<\/p>\n<p>Albert WONG, Chief Executive Officer of Hong Kong Science and Technology Parks Corporation (HKSTP), said, &#8221;HKSTP has extensive experience in nurturing start-ups and fostering the transformation of innovative ideas from entrepreneurs, which can help accelerate their journey to commercialization. We are honoured to collaborate with L&#8217;Or\u00e9al, a market leader in the beauty industry, and Business France, to drive the advancement of beauty tech and strengthen the exchange of I&amp;T talents between <span class=\"xn-location\">Hong Kong<\/span> and <span class=\"xn-location\">France<\/span> together.&#8221;<\/p>\n<p>&#8220;L&#8217;Or\u00e9al has consistently led the beauty industry with its commitment to innovation, and their dedication to fostering emerging talent and startups is truly commendable,&#8221; said Christile DRULHE, Consul General of <span class=\"xn-location\">France<\/span> in <span class=\"xn-location\">Hong Kong<\/span> and <span class=\"xn-location\">Macau<\/span>. &#8220;The Big Bang Beauty Tech Innovation Program is a shining example of this commitment, and we are thrilled to celebrate the launch of its first-ever <span class=\"xn-location\">Hong Kong<\/span> edition. We look forward to seeing an enthusiastic response from the city&#8217;s brightest minds.&#8221;<\/p>\n<p>The initiative is open for applications\u00a0from early July until <span class=\"xn-chron\">mid-August 2024<\/span>. Startups with validated business ideas and functional prototypes that go beyond the boundaries of the beauty industry and retail landscape are encouraged to submit their proposals through the Big Bang Hong Kong website. Selected startups will have the opportunity to collaborate with L&#8217;Or\u00e9al <span class=\"xn-location\">Hong Kong<\/span> and gain access to invaluable resources, a potential commercial pilot, mentorship, and networking opportunities. In addition, the winning startup(s) will have the incredible opportunity to showcase its solution(s) at the <span class=\"xn-chron\">November 2024<\/span> China International Import Expo in <span class=\"xn-location\">Shanghai<\/span>, where they can participate in industry networking events and an award ceremony.<\/p>\n<p>Big Bang is an open innovation initiative that aims to disrupt beauty solution for consumers through collaboration with startups and partners. Launched in 2020 by L&#8217;Or\u00e9al <span class=\"xn-location\">China<\/span>, the programme focuses on driving the co-creation and co-development of innovative beauty products and experiences. It is now available in all L&#8217;Or\u00e9al <span class=\"xn-location\">North Asia<\/span> markets. Inspired by its potential and successful cases, the L&#8217;Or\u00e9al <span class=\"xn-location\">South Asia Pacific<\/span>, <span class=\"xn-location\">Middle East<\/span>, and <span class=\"xn-location\">North Africa<\/span> (SAPMENA) region also launched its Big Bang edition in 2024.<\/p>\n<p>Follow us on <a href=\"https:\/\/www.facebook.com\/lorealhongkong\" target=\"_blank\" rel=\"noopener\">Facebook<\/a> for all our latest updates of Big Bang 2024!<\/p>\n<p>About L&#8217;Or\u00e9al<\/p>\n<p>For 115 years, L&#8217;Or\u00e9al, the world&#8217;s leading beauty player, has devoted itself to one thing only: fulfilling the beauty aspirations of consumers around the world. Our purpose, to create the beauty that moves the world, defines our approach to beauty as essential, inclusive, ethical, generous and committed to social and environmental sustainability. With our broad portfolio of 37 international brands and ambitious sustainability commitments in our L&#8217;Or\u00e9al for the Future programme, we offer each and every person around the world the best in terms of quality, efficacy, safety, sincerity and responsibility, while celebrating beauty in its infinite plurality.<\/p>\n<p>With more than 90,000 committed employees, a balanced geographical footprint and sales across all distribution networks (e-commerce, mass market, department stores, pharmacies, perfumeries, hair salons, branded and travel retail), in 2023 the Group generated sales amounting to <span class=\"xn-money\">41.18 billion euros<\/span>. With 20 research centres across 11 countries around the world and a dedicated Research and Innovation team of over 4,000 scientists and 6,400 Digital talents, L&#8217;Or\u00e9al is focused on inventing the future of beauty and becoming a Beauty Tech powerhouse.<\/p>\n<p>L&#8217;Or\u00e9al <span class=\"xn-location\">Hong Kong<\/span> was established in 1983 as a subsidiary of the L&#8217;Or\u00e9al Group, and it offers over 15 brands to local customers. L&#8217;Or\u00e9al <span class=\"xn-location\">Hong Kong<\/span> has been active in giving back to the local community and recognised as a &#8220;Caring Company&#8221; since 2003.<\/p>\n<p>More information: <a href=\"https:\/\/www.loreal.com\/en\/hong-kong-sar\/\" target=\"_blank\" rel=\"noopener\">https:\/\/www.loreal.com\/en\/hong-kong-sar\/<\/a><\/p>\n<div class=\"PRN_ImbeddedAssetReference\">\n<\/div>\n<p><!-- \/wp:html --><\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[5,7],"tags":[],"class_list":["post-4728","post","type-post","status-publish","format-standard","hentry","category-cision-pr-newswire","category-cision-pr-newswire-en"],"_links":{"self":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts\/4728","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4728"}],"version-history":[{"count":0,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts\/4728\/revisions"}],"wp:attachment":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4728"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4728"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4728"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}