The makeup sector in Thailand is predicted to increase from US$667.2m in 2019 to US$943.4m by 2024, for a compound annual growth rate (CAGR) of 6.3%, according a recent report from GlobaData.…
Skincare sales in China to hit $42.7bn by 2024
Skincare sales in China are predicted to be worth US$42.7bn by 2024, on the back of rising disposable incomes and growing skincare awareness and the desire to look good Asia’s largest economy.…
Thailand’s skincare sector to grow 6.2% CAGR by 2024
Thaliand’s skincare sector is set to grow from US$2.5bn in 2019 to US$3.6bn by 2024, pushed on by domestic economic and tourism growth, and an increase in men’s skincare sales.…
Richemont China sales up 49% in first quarter
Richemont recorded a staggering 49% increase in sales in China in the first quarter, which failed to offset an overall global sales slump with double-digit sales decline across all major regions.…
Skincare sales in Australia set to hit US$1.49bn in 2024
Sales of skincare products in Australia are set to be worth some US$1.49 billion in 2024, on the back of a projected 4.3% compound annual growth rate between 2019 and 2024, according to Globaldata.…
StockX surpasses $2.5bn in sales in second quarter
StockX said it surpassed $2.5 billion in gross merchandise value in the second quarter, on the back of accelerated growth amidst the Covid-19 pandemic.…
Malaysian market for skincare to be worth $612.9 million by 2024
The Malaysian market for skincare is on a growth trajectory over the next four years, according to a report issued by Globaldata.…
Australia’s Super Retail Group to raise $203m in funds
Super Retail Group said it plans to raise $203 million in funds in a bid to boost its online strategy and overall business in 2020.…
Singapore’s e-commerce market to be worth $9.5bn in 2020 on Covid-19
Singapore is predicted to hit almost S$10 billion (US$10 billion) in online sales for this year alone.…
China tipped to be world’s largest apparel market by 2023, beats U.S.
In light of predictions of a 15% decline in global apparel sales in 2020, due to impact of the Covid-19 pandemic, China is poised to topple the U.S. as the largest apparel market in the world over the…