Lazada Group, Southeast Asia’s leading eCommerce platform, has appointed Chun Li as CEO of Lazada Indonesia.…
Korean duty free sales maintain double-digit growth
Duty free sales in South Korea climbed by 26 percent year-on-year in June 2019, as the market maintained its strong growth trajectory.…
How is Instagram doing in South Korea?
The photo-sharing application Instagram is gaining popularity faster than any other social media app in South Korea with young Koreans leading the trend, a survey revealed.…
Courts Asia announces Hiroshi Nojima as new Group CEO
COURTS Asia Limited, one of the leading electrical, IT and furniture retailers in the region, announced the appointment of Mr Hiroshi Nojima as CEO, effective from 1 July, 2019.…
LVMH first-quarter sales gain on leather goods
LVMH Group posted strong first-quarter sales on strong gains across all business groups, as the European company highlighted growth in its leather goods division and brand Louis Vuitton.…
Zara owner Inditex sees revenues hit 26 billion euros for the first time
Zara parent company Inditex Group’s net sales rose by 3% in full-year 2018 to an all-time high of €26.14 billion, underpinned by growth in all of the Group’s geographic regions.…
Furla Group continues to grow
Over the course of the fiscal year, the company made significant investments to strengthen its supply chain and technology – and began 2019 with the launch of its new sneaker collection.…
Interparfums 2018 sales lift 8%, double-digit profit growth
Interparfums reported that total sales for the year 2018 increased 8%, prompting the French company to raise its annual revenue guidance for 2019.…
Moncler sees double-digit growth in 2018
Moncler reported a surge in global revenues for 2018, on the back of sales gains across all major markets, prompting a lift in profit at during the year.…
Foot Locker 2018 sales hit new record
Foot Locker reported fourth quarter results that best expectations, as comparable sales lifted by double-digits and annual sales hit a new record in 2018.…