Luxury US accessories brand Coach saw profits soar by 14 percent in the first quarter as consumers looked to update their wardrobes with accessories.
The company reported sales of USD1.05 billion for …
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Coach profits rise as customers up spending on accessories
Social trends mixed in Asia
Over 80 percent of major brand owners in Asia–Pacific are now utilising social media, but many have failed to make the most of these channels to engage consumers, a study has revealed.
Burson-Ma…
Mobile payments to surge in China
The mobile payments market is set to rapidly increase in size in China, almost doubling in value during the coming two years, a new forecast has predicted.
Analysys International, the research firm, r…
American Apparel loses chief development officer after 7 months
Beleaguered US fashion chain American Apparel has lost its chief development officer after just seven months in the post.
Marty Staff, who joined the business in March, is reported to have left the bu…
Branded products score high on Diwali gifts
After a year of dimness due to the economic slowdown that resulted in business uncertainty, Diwali seems to have lifted the spirits of India’s branded products distribution industry to some exte…
PPR luxury pole reports 22.8pc increase in turnover for the first 9 months
The luxury pole of French group PPR, which includes among other brands Gucci and Bottega Veneta, reported a turnover of EUR3.5 billion (USD4.96b) for the first nine months of 2011, an increase of…
Record sales in Sep for Swatch
Swatch, the world’s largest watchmaker is on track to post record sales this year and growth shows no signs of slowing, the group’s CEO was quoted as saying in a Swiss newspaper on Sunday.…
India’s Future Group kicks off rural wholesale, distribution venture
Diversified conglomerate Future Group last week announced its entry into the rural wholesale and distribution business with the opening of its first "Aadhaar Wholesale" store in Gu…
Pay for taxi rides, meals soon with smartphone in Singapore
In eight months, consumers in Singapore will be able to use their smartphones to pay for meals, groceries and taxi rides.
Payment for train and bus rides could be possible as early as 2013, when the L…
Yum! Brand’s acquisition of China’s Little Sheep postponed
Yum! Brand received notice from China’s Anti-Monopoly Bureau of Ministry of Commerce, saying that the anti-monopoly review of its acquisition of Little Sheep will be extended for another 60 days…