Nike Inc. announced on December 20 total revenues for the second quarter surged 17 percent to USD 13.3 billion, on the back of double-digit sales growth in North America and Europe, […]…
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Buy now pay later to account for 4 percent of APAC e-commerce payments in 2026
Buy now pay later is expected to account for 4.1 percent share of Asia Pacific e-commerce payments value in 2026, and the staggered payment method becomes an increasingly popular option […]…
Silverwood acquires minority stake in Lush for GBP 216.8 million
Through a GBP 216.8 million deal, Silverwood has acquired a 19.8 percent stake in Lush Cosmetics, further expanding its consumer business. SEE ALSO: Asics acquires France’s Njuko Silverwood has entere…
Seven key Asian retail markets in 2022 and what’s ahead in 2023
Against the backdrop of an unpredictable virus and its resurging variants, retailers faced some strong economic headwinds in 2022. Despite these unprecedented times, different Retailers across Asia re…
Intermix releases interim nine month 2022 results and future outlook
In the first nine months of 2022, Inditex’s fully integrated model saw strong operating performance. The company continues to focus on four key areas: a unique product proposition, enhancing the [R…
Tough Times Ahead for Meituan, despite appetizing profits
Chinese delivery giant Meituan recently generated an appetizing profit for investors, but will it be able to maintain that momentum? SEE ALSO: Tencent plans to divest Meituan stake In the […]…
Singapore retail sales surge in October
Singaporean retail sales rose 10.4 percent October year-on-year, according to Singapore’s Department of Statistic’s latest figures on December 5. SEE ALSO: Study shows 61 percent of Singaporean consum…
Bilibili narrows Q3 losses on increased revenues, users
Bilibili Inc., a video community for younger generations in China, announced its unaudited financial results for the third quarter, ended September 30, 2022. SEE ALSO: The Fragrance Edit: Chapter VIII…
L’Occitane announces interim first-half results
L’Occitane announced its interim results for the six months ended September 30. Despite macroeconomic headwinds in key markets, the group maintained dynamic growth momentum in the first half of fiscal…
Asics acquires France’s Njuko
Japanese athletic footwear company Asics Corporation announced it has acquired Njuko SAS, the French race registration platform for running events across Europe. Established in 2012 by Pierre Duveller…