In Trends

The closure of Vans’ APAC stores detrimental to VF Corp’s Q1 sales

VF Corporation reported revenue growth of 3 percent for the first quarter. Whilst the company observed a decline in its Vans business, it was offset by double-digit growth from The North Face brand. A…

Moncler records sales surge in H1 2022

With a 46 percent increase in group revenues to EUR 918.4 million (USD 938 million) at constant exchange, Moncler Group outperformed analysts’ forecasts. This was made possible by double-digit growth …

Meta records its first-ever revenue drop

Meta is anticipated to see its first sales decline in history as a public business, down 0.4 percent to around USD 29 billion.…

DFS Group launches “Open Up Your Horizons” with metaverse and in-store beauty campaign

The global luxury travel retailer DFS Group,, is preparing its new and first-ever virtual universe – DFS World. The group will welcome customers this August and September with the launch of its larges…

Kering first-half profits hit new record on strong Q2 sales, Asia stabilises

Kering Group announced that revenues for the first half of 2022 increased by 16%, on the back of a 20 percent uptick in company sales for the second quarter ending 30th June.…

Research predicts increase in Asia Pacific’s travel frequency

Travel experience company Collinson has shared new data and insights into the latest trends and expected travel habits of travellers across Asia Pacific. The research reveals that easing travel restri…

Chinese Beauty Giant S’Young acquires EviDenS de Beauté

S’Young Group Co., Ltd. officially announced an equity acquisition agreement with luxury skincare brand EviDenS de Beauté. The French company retains independent operation of the brand and the team af…

Flip announces the completion of USD 60 million Series B Funding

Flip is the next-generation e-commerce platform that combines a premium e-commerce business with a discovery experience akin to TikTok. The company has recently announced a USD 60 million Series B fun…