With China being the only major country to grow its GDP in 2020, economists all over the world have been dialling up their forecasts of China’s relative might in the years ahead.…
Australia retail sales surge 13% in November
After a stagnant year for retail in Australia, the nation’s leading retail body announced double-digit retail revenue growth for the month of November.…
China’s share of global luxury market reaches new high
Following a slow start to luxury sales in China due to Covid-19 lockdowns, spending on luxury in the country has rebounded strongly as restrictions to global travel have pushed Chinese consumers to ma…
J.Crew Group emerges from bankruptcy
J.Crew Group announced that it has successfully completed its financial restructuring process and emerged from Chapter 11 bankruptcy well positioned for long-term growth.…
Adidas reported positive revenue growth in Greater China
Adidas said that sales have returned to growth in Greater China than it had expected in May after Covid-19 lockdown.…
Nestle announces 2020 first quarter financial report
Swiss food giant Nestle reported an overall growth of 4.7%, in the first three months of 2020.…
Social distancing : data shows more people opting for drinks at home
Korea is well known for its binge-drinking culture, but things appear to have changed significantly, as the latest data shows more opting to drink at home.…
ASOS appoints new Chief People Officer
ASOS announced the latest in a series of hires designed to significantly strengthen the executive team and ensure the company has the strategic capability required for the next stage of growth.…
Coty appoints new Chief Legal Officer
To support its ongoing Turnaround plan and future growth, Coty Inc. announced the appointment of Kristin Blazewicz as Chief Legal Officer, General Counsel and Secretary of the Board of Directors, and …
Balmain appoints new CEO
French luxury brand Balmain appointed Jean-Jacques Guével as CEO.…