Beauty giant Coty Inc. reported net revenues of USD 5.55 billion for fiscal 2023, up 5 percent, on the back of a strong fourth quarter, which saw revenues in Asia Pacific surged by more than 30 percen…
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Search Results For: apac
Aspirational luxury appears to hold steady in APAC as Tapestry sees growth in region
Aspirational consumption in Asia remains stable as American fashion company Tapestry Inc., parent company of Coach, Kate Spade, and Stuart Weitzman, said it achieved international revenue growth with …
Estée Lauder APAC sales up 4 percent, held back by Asia travel retail
The Estée Lauder Companies Inc reported net sales of USD 15.91 billion for its fiscal year ended June 30, a decrease of 10 percent from USD 17.74 billion in the prior year, with organic sales hurt by …
Puma clocks 11 percent sales uptick on APAC growth including Greater China
German sportswear giant Puma clocked an 11 percent sales increase to EUR 2.12 billion (USD 2.36 billion) for the second quarter, driven by strong growth in EMEA and APAC, including Greater China.…
APAC consumer trends: Social commerce, pre-loved fashion set to shine
A new report by data and analytics company WARC examines crucial factors that will impact consumers’ brand and category purchase decisions worldwide, featuring regional highlights for APAC, Euro…
Richemont’s crown jewels and APAC performance deliver revenue growth
The luxury group’s jewellery maisons Buccellati, Cartier, and Van Cleef & Arpels delivered the highest sales increase at 24 percent, while Asia Pacific became the strongest performing marke…
Nike APAC revenue lift offsets Greater China decline in fiscal 2023
Nike Inc. announced a 10 percent uptick in revenues to USD 51.2 billion for fiscal 2023, on the back of a single-digit increase in Asia Pacific Latin America sales, offsetting a decline in Greater Chi…
APAC health and beauty industry to expand at 4.7 percent CAGR to 2027
The Asia-Pacific health and beauty market is projected to record a value compound annual growth rate of 4.7 percent over 2022–27, on the back of improving macroeconomic conditions, new product launche…
Hugo Boss forecasts USD 4.48 billion in revenues by 2025, eyes double-digit APAC growth
German luxury fashion brand Hugo Boss has forecast revenues to reach EUR 5 billion (USD 4.48 billion) by 2025, coinciding with low double-digit growth in its Asia-Pacific market.…
Thélios on framing the future of luxury eyewear in APAC travel retail
Thélios’ head of travel retail Alessandro Eucaliptus says Asia Pacific is the company’s geographical focus for the next two years, with strong investments to be made in Hainan, Hong Kong, …