Abercrombie & Fitch Co. Opens Global Capability Center in Bengaluru to Support Continued Global Growth and Strengthen Enterprise Capabilities

BENGALURU, India, Aug. 6, 2026 /PRNewswire/ — Abercrombie & Fitch Co. recently opened its Bengaluru Global Capability Center (GCC), establishing a new office in India. The GCC will build and strengthen capabilities across the enterprise, supporting the company’s continued global growth and operating strategy. The GCC will bring together talent from multiple business functions to increase capacity, deepen specialized expertise, and improve how work is delivered across the organization.

“Our Bengaluru GCC represents an important investment in the capabilities Abercrombie & Fitch Co. will need to drive continued global growth,” said Samir Desai, Chief Digital and Technology Officer, Abercrombie & Fitch Co. “This is an enterprise-wide initiative that extends well beyond technology. By building quality teams with a wide range of experience, we can increase our capacity, strengthen execution and create a more scalable global operating model.”

“We’re building teams to complement Abercrombie & Fitch Co.’s ongoing global growth ambitions,” said Mangai Varadarajan, Vice President and Site Leader, Abercrombie & Fitch India GCC. “Our focus is on initiatives that deliver meaningful business outcomes, making our India team a trusted, essential extension of our global operations.”

Abercrombie & Fitch Co. has engaged ANSR as an advisor to help establish and scale its GCC, drawing on ANSR’s experience helping global enterprises develop high-impact capability centers in India. 

About Abercrombie & Fitch Co.

Abercrombie & Fitch Co. (NYSE: ANF) is a global, digitally led, omnichannel specialty retailer of apparel and accessories catering to kids through millennials with assortments curated for their specific lifestyle needs.

The company operates a family of brands, including Abercrombie brands and Hollister brands, each sharing a commitment to offer products of enduring quality and exceptional comfort that support global customers on their journey to being and becoming who they are. Abercrombie & Fitch Co. operates approximately 840 stores under these brands across North America, Europe, Asia and the Middle East, as well as the e-commerce sites abercrombie.com, abercrombiekids.com, and HollisterCo.com.

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KANEBO selects Eastman Cristal™ One IM812 for luxury overcap packaging

Premium cosmetics brand chose recyclable material for an overcap that delivers aesthetics, strength and sustainability.

KINGSPORT, Tenn., Aug. 6, 2026 /PRNewswire/ — Prestigious Japanese cosmetics brand KANEBO has selected Eastman Cristal™ One IM812 specialty PET resin for the overcap of its new Generating Essentials Treatment Lotion.

“Rooted in KANEBO’s ‘Progress Care’ philosophy and our message, ‘Going beyond beauty, KANEBO heightens hope,’ this lotion reflects our approach to supporting skin through different stages of life rather than focusing on anti-aging,” said Shinsuke Magai, KANEBO designer. “We wanted the packaging to bring that philosophy to life through a design that conveys both refinement and progression.”

For the thick-walled black overcap, KANEBO needed a material that could meet demanding performance and design requirements, especially given the cap’s heavier construction. Cristal One IM812 met that challenge by passing drop impact testing and maintaining required strength after post-mold painting.

Cristal One IM812 delivered the precise aesthetic KANEBO envisioned: a clean, high-quality black with the right gloss and a subtle transition from opaque black to a more transparent black gradient at the top. This combination of toughness, transparency and color precision helped create a refined premium look without making the package appear overly heavy.

“From an engineering perspective, this packaging required careful alignment of material performance, processing and finish,” said Shota Kawasaki, KANEBO packaging engineer. “We evaluated several candidate materials, and Cristal One IM812 proved to be the best match for our needs.”

This specialty material can be injection molded and is designed to provide high transparency and toughness for premium cosmetic components.

KANEBO selected this specialty PET resin for its sustainability benefits, as it is recyclable in the PET recycling stream. Although compliance with the European Union’s Packaging and Packaging Waste Regulation (PPWR) was not an immediate requirement for a product sold primarily in Asian markets, KANEBO chose to go a step further by adopting a material that aligns with anticipated future regulatory expectations.

Market response has been positive since the lotion’s January 2026 launch, and KANEBO plans to expand use of Cristal One Renew IM812 in upcoming products.

“KANEBO’s adoption of Cristal One IM812 in its product cap is meaningful to Eastman,” said Tara Cary, Eastman marketing manager for cosmetics and personal care packaging. “This commercial example shows how Eastman’s materials can help beauty brands address the challenge of combining sustainability with uncompromised appearance, durability and function.”

Kao, KANEBO’s parent company, has partnered with Eastman for many years. Built through collaboration on Eastman material innovations, the longstanding relationship reflects Kao’s confidence in Eastman’s global technical support and materials expertise for cosmetic packaging that demands premium finishes and reliable performance.

About KANEBO

KANEBO is a prestigious Japanese cosmetics brand that conveys a message of hope, not just beauty. Centered on skin care, the brand also offers a full range of makeup products. At the heart of KANEBO’s skin care is a signature cream inspired by Taishi. Taishi (胎脂) is the Japanese term for vernix caseosa, a naturally disappearing substance that protects a baby’s immature stratum corneum from environmental changes and dryness. Through its unique skin care and makeup, KANEBO empowers individuals to pursue their aspirations while fostering a positive mindset.

About Eastman 

Founded in 1920, Eastman is a global specialty materials company that produces a broad range of products found in items people use every day. With the purpose of enhancing the quality of life in a material way, Eastman works with customers to deliver innovative products and solutions while maintaining a commitment to safety and sustainability. The company’s innovation-driven growth model takes advantage of world-class technology platforms, deep customer engagement, and differentiated application development to grow its leading positions in attractive end markets such as transportation, building and construction, and consumables. As a globally inclusive company, Eastman employs approximately 13,000 people around the world and serves customers in more than 100 countries. The company had 2025 revenue of approximately $8.8 billion and is headquartered in Kingsport, Tennessee, USA. For more information, visit www.eastman.com. 

Media Contact

Eastman

Jacob Teetzmann, APR

jteetzmann@tombras.com

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Infor Appoints Yuka Kanemitsu as President and Representative Director of Infor Japan to Accelerate Industry Cloud Growth and AI-Driven Business Transformation

Experienced technology executive to lead Infor’s next phase of growth in Japan, helping customers modernize operations through industry-specific cloud solutions, AI, and deep industry expertise.

NEW YORK and TOKYO, Aug. 6, 2026 /PRNewswire/ — Infor, the industry cloud company, today announced the appointment of Yuka Kanemitsu as President and Representative Director of Infor Japan.

Kanemitsu will lead the company’s business strategy and operations across Japan, with responsibility for accelerating customer success, expanding strategic partnerships, and driving continued growth in one of Infor’s most important global markets.

Her appointment comes as organizations across Japan increasingly invest in digital transformation, AI, and cloud technologies to improve operational resilience, strengthen supply chains, and address evolving workforce challenges.

As demand grows for industry-specific solutions that deliver measurable business outcomes, Infor continues to expand its Industry Cloud platform by combining deep industry expertise with AI capabilities purpose-built for complex business processes.

Quote from Geoff Thomas

Japan is one of Infor’s most strategic markets worldwide and plays an important role in our long-term growth strategy across Asia Pacific.

Organizations today are looking beyond general-purpose AI. They want technology that understands the unique requirements of their industries, improves business processes, and helps people make better decisions.

Infor is uniquely positioned to meet these needs through our Industry Cloud platform, which combines deep industry functionality with AI, automation, and advanced analytics.

Yuka has an exceptional track record of building high-performing organizations, strengthening customer relationships, and leading business transformation. Her leadership will be instrumental as we continue helping customers across Japan achieve measurable business outcomes.

Kanemitsu brings more than 25 years of leadership experience in enterprise technology. She will focus on expanding Infor’s presence across Automotive, Industrial Manufacturing, Food & Beverage, Distribution, and other asset-intensive sectors while helping customers modernize operations through Industry Cloud, AI, and intelligent automation.

Quote from Yuka Kanemitsu

AI is transforming how businesses operate, but technology alone does not create value. Sustainable business transformation happens when organizations combine industry expertise, modern cloud technology, trusted data, and AI to improve how work gets done. Together with our customers and partners, we will help organizations modernize with confidence and create measurable business value.

Closing

Infor continues to invest in innovation across its Industry Cloud platform, embedding AI and automation into industry-specific applications that help organizations improve operational performance, accelerate decision-making, and achieve measurable business outcomes.

About Infor

Infor is a global leader in business cloud software specialized by industry. We develop complete solutions for our focus industries. Infor’s mission-critical enterprise applications and services are designed to deliver sustainable operational advantages with security and faster time to value. Over 60,000 organizations in more than 175 countries rely on Infor’s 17,000 employees to help achieve their business goals. As a Koch company, our financial strength, ownership structure, and long-term view empower us to foster enduring, mutually beneficial relationships with our customers. Visit www.infor.com.

Infor Communications: infor-pr@infor.com

Asia Hospitality Sector Poised for Accelerated Investment, Says Questex’s International Hospitality Investment Forum Asia

Regional market strengthens as investors and operators embrace resilient growth strategies

HONG KONG, Aug. 6, 2026 /PRNewswire/ — Asia’s hospitality sector is entering a new phase of investment activity as domestic consumption recovers and regional travel continues to strengthen, says Questex’s International Hospitality Investment Forum (IHIF) Asia.

Investor Survey Points to Rising APAC Confidence

According to new research by Questex’s Hospitality Investor, the editorial intelligence platform focused exclusively on the hospitality capital markets, investor confidence in Asia Pacific hospitality is strengthening. The survey found that 80% of respondents expect hospitality investment activity across the region to increase significantly over the next 12 months, providing a clear indicator of renewed capital momentum.

That positive outlook is reflected in where investors are focusing their attention. Japan and Southeast Asia ranked joint first as the most attractive hospitality investment destinations in Asia Pacific, followed by Thailand; IHIF Asia’s dedicated Nippon Track will convene senior decision-makers to explore Japan’s hospitality market and outbound investment opportunities.

The research also points to a more disciplined approach to value creation. Lifestyle and experiential hospitality took the majority of the vote, followed by operational efficiency and acquiring undervalued or distressed assets, underlining investor focus on differentiated concepts, performance improvement and value-led opportunities.

Demand-side fundamentals remain central to that outlook, with regional, intra-Asia travellers identified as the strongest driver of hospitality demand growth across Asia Pacific.

“The recovery of domestic hospitality demand and the continued resurgence of regional travel are creating a compelling environment for investment across Asia,” said IB Saravanan, Vice President, Questex Asia. “While geopolitical and market complexities remain important considerations, the sector’s ability to adapt through asset repositioning, operational innovation and capital diversification is opening up significant opportunities for growth.”

The Industry Gathers in Hong Kong to Explore What’s Next for Asia Hospitality

IHIF Asia will take place 16-18 September 2026 at Regent, Hong Kong, bringing together more than 500 investors, owners, operators, developers and hospitality brands to explore the region’s next phase of growth.

Register to attend IHIF Asia here.

For media registration, contact Meryl Franzman at mfranzman@questex.com.

About Questex

Questex fuels exceptional business connections—where every buyer and seller interaction matters. Through live events enriched with data insights and active year-round digital communities, we deliver measurable results. It happens here.

Media Contact

Meryl Franzman

IHIF Asia

mfranzman@questex.com

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Diego Mesa Puyo selected as next GEF CEO and Chairperson

WASHINGTON, Aug. 5, 2026 /PRNewswire/ — The Global Environment Facility (GEF) Council today announced the selection of Diego Mesa Puyo as the family of funds’ next CEO and Chairperson. Mesa Puyo, an international leader in energy policy, economic development, and sustainability, and former Minister of Energy and Mines from Colombia, will serve an initial term of four years, aligned with the GEF-9 funding period and the last sprint towards critical 2030 environmental goals.

Before his selection as the GEF’s next CEO and Chairperson, Mesa Puyo served as Deputy Chief of the Climate Policy Division of the International Monetary Fund. As Colombia’s Minister of Energy and Mines in the 2018-2022 administration, he led one of Latin America’s most ambitious energy transition agendas, launching market reforms that mobilized more than $3 billion in private investment and accelerated the deployment of variable renewable energy from near-zero levels to one of the fastest-growing clean energy markets in the region. He also played a central role in advancing energy transition and climate action legislation, embedding sustainability objectives in economic and development policy.

“I am deeply honored to serve as the next CEO and Chairperson of the Global Environment Facility at this pivotal moment for the international community,” Mesa Puyo said. “Countries need trusted partners that can help turn ambition into action. Building on the GEF’s remarkable legacy, I look forward to working with the Secretariat, member countries, and partners around the world to achieve environmental and development goals together by integrating solutions, catalyzing investment, and delivering measurable results for people and planet.”

The GEF is the world’s largest public funder for the environment and serves international conventions on biodiversity, climate change, and pollution. Donor countries have pledged an initial $3.9 billion for an ambitious ninth replenishment of the GEF Trust Fund, reflecting a strong commitment to protect and restore nature through multilateral cooperation.

The Global Environment Facility is the world’s family of funds for the environment. As the financial mechanism for six multilateral conventions, it supports countries’ efforts to tackle the root causes of environmental degradation — advancing global goals for nature, climate, and pollution. Over the past three decades, the GEF has been the largest public funder for the environment and provided more than $27 billion in financing, primarily as grants, and mobilized another $155 billion for country-driven priority projects.

Read the full press release here in English, Spanish, and French.

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DXC Appoints Lisa Beaudoin as Chief Product Officer to Accelerate Product-Led Growth

• Lisa Beaudoin appointed Chief Product Officer, leading a newly unified product development organization across DXC
• Beaudoin most recently led the development and launch of DXC OASIS, the company’s AI-powered orchestration platform for managed services, now in production with 57 customers
• Appointment follows the recent naming of Paul Taylor as President, Dan Gray as President, Global Infrastructure Services and Holly Grant as President, AI Innovation and Strategy & LabX, further strengthening DXC’s leadership team and operating model

ASHBURN, Va., Aug. 5, 2026 /PRNewswire/ — DXC Technology (NYSE: DXC), a leading enterprise technology and innovation partner, today announced the appointment of Lisa Beaudoin as Chief Product Officer. In this role, Beaudoin will lead a newly unified product development organization spanning DXC’s portfolio, with responsibility for product strategy, engineering, lifecycle management, and market execution. Her appointment reflects DXC’s focus on scaling AI-centric leadership and product-led innovation across the company and accelerating the delivery of differentiated offerings for customers. DXC also recently appointed Paul Taylor as President, Dan Gray as President, Global Infrastructure Services (GIS), and Holly Grant as President, AI Innovation and Strategy & LabX. She will report to Paul Taylor, President, effective immediately.

Beaudoin previously served as Vice President, Platform Innovation and Automation, where she led the product strategy and engineering of AI-driven enterprise platforms. Working across product, engineering, operations, and customer teams, she has overseen the full product lifecycle, from strategic positioning and development through market execution, with a focus on improving user experience, operational performance, and measurable business value for customers.

Most recently, Beaudoin co-led the development and launch of DXC OASIS alongside Dan Gray, President of GIS, helping bring together product strategy, technical innovation, and customer insight to take the company’s AI platform from concept to production in just over a year. The platform is now in production with 57 customers and serves as the foundation for a growing set of scalable, AI-enabled solutions that deliver measurable business value while transforming managed services for mission-critical enterprises at scale.

“This is a natural next step in the evolution of DXC,” said Raul Fernandez, Chief Executive Officer, DXC Technology. “We are simplifying how we operate, consolidating product development under one proven leader, and creating greater consistency across the way we build and bring products to market. Lisa has demonstrated her ability to turn customer needs into scalable platforms that deliver measurable value, and she will help accelerate how we innovate, execute, and deliver outcomes for our customers.”

In her expanded role, Beaudoin will apply the disciplined product development approach behind DXC OASIS, rooted in deep customer and user insight, across DXC’s broader portfolio. She will bring product teams together under a unified organization, strengthen the connection between customer needs and product development, and accelerate the delivery of scalable offerings that support DXC’s Core and Fast Track strategies. She will also work closely with DXC’s technology and business leaders to ensure product and engineering teams are aligned from the outset and that DXC’s offerings complement one another and fully leverage the company’s strategic partnerships. By bringing product development under a single organization, DXC aims to accelerate innovation, reduce complexity, and bring new capabilities to customers more quickly. 

“Lisa brings the product discipline we need to strengthen execution across DXC,” said Paul Taylor, President, DXC Technology. “Putting our customers at the center of every product decision will help us focus on the opportunities that matter most, connect product, technology and engineering more effectively, and move with greater speed and clarity. By bringing product development together under one leader, we’ll build better solutions, execute with greater consistency, and ensure innovation is always driven by the needs of our customers.”

“DXC has deep industry expertise, strong engineering capabilities, and an unmatched understanding of the complex technology and business environments in which our customers operate,” said Beaudoin. “My focus will be on bringing those strengths together through a more unified product organization that starts with a clear understanding of customer and operator needs, focuses on the highest-value opportunities, and moves with speed. By connecting disciplined product strategy with our strong technology leadership, we can build products that are technically feasible, operationally scalable, work together across our portfolio, and directly tied to the outcomes our customers and partners need.”

Before joining DXC, Beaudoin co-founded Brightspot, an enterprise software company, and held senior product, design, and creative leadership roles at WebMD, AOL, and The Wall Street Journal/Dow Jones. Across these roles, she led the development of digital platforms, publishing tools, and consumer applications for global organizations. She is a graduate of Parsons School of Design.

About DXC Technology

DXC Technology (NYSE: DXC) is a leading enterprise technology and innovation partner delivering software, services, and solutions to global enterprises and public sector organizations — helping them harness AI to drive outcomes at a time of exponential change with speed. With deep expertise in Managed Infrastructure Services, Application Modernization, and Industry-Specific Software Solutions, DXC modernizes, secures, and operates some of the world’s most complex technology estates. Learn more on dxc.com.

Media Contact: Ashley Houk-Temple, DXC Technology, ashley.houktemple@dxc.com

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Bybit to Launch HYPE-Margined Options, Expanding Derivatives Product Suite

DUBAI, UAE, Aug. 5, 2026 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has announced the launch of HYPEUSDT Options, extending its derivatives offering to the native token of the Hyperliquid blockchain.

Listing Schedule:

• August 4, 2026 (8:00 AM UTC): HYPEUSDT Options contracts expiring on August 5 and August 7, 2026 listed
• August 6, 2026 (at 8:00 AM UTC): Contracts expiring on August 8, August 9, August 14, August 21, and August 28, and September 25, 2026 to be listed

From August 7 onward, new HYPEUSDT Options contracts will be generated on a regular, ongoing basis.

HYPE is the native token of Hyperliquid, a layer‑1 blockchain for on‑chain perpetual futures and spot trading, used for staking, governance, gas fees, and trading fee discounts. HYPE’s market cap is currently past the $14 billion mark, ranking No.9 among cryptocurrencies by market cap as of August 5, 2026.

The addition of HYPE Options builds on Bybit’s broader push to expand derivatives coverage of high-growth, high-potential digital assets, giving traders a wider set of instruments to manage exposure and express views across market cycles.

Trading carries risks. Terms and conditions apply. For further details on contract specifications, margin requirements and trading rules, users may visit: Bybit – Introducing HYPE Options

#Bybit  / #NewFinancialPlatform 

About Bybit

Bybit is The New Financial Platform.

We believe every person should have access to every financial opportunity on earth. That’s why we’re building the first intelligent platform that connects anyone, anywhere to the world’s finance.

Trusted by more than 80 million users worldwide, Bybit brings together investing, trading, payments, and wealth-building in a single secure and intelligent ecosystem. Through the combination of AI-powered technology, deep global liquidity, robust security, and transparent operations, Bybit makes global finance more accessible, efficient, and empowering for everyone.

Built for everyone. Powered by intelligence. Open to the world.

Learn more at Bybit.com

For more details about Bybit, please visit Bybit Press

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