On 22nd March, Southeast Asia’s e-commerce platform, Lazada announced results of a region wide consumer study in collaboration with Milieu Insight, looking into the online shopping habits of consumer…
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JD.com reports strong Singles’ Day Grand Promotion pre-sale performance
The number of customers who placed orders within the first four hours increased by nearly 40 percent compared with the first day of the pre-sale in 2020, reported JD.com.…
How are independent Chinese designers laying the foundation of ‘Designed in China’?
Who are the rising independent Chinese designer labels and what are the implications for the fashion industry at large? Retail in Asia looks into the latest report on “China’s Fashion Shake-up”.…
LVMH announces financial results for the third quarter
LVMH Moët Hennessy Louis Vuitton, the luxury products group, recorded revenue of US$51 billion in the first nine months of 2021, up 46 percent compared to 2020, with Asia accounting for 36 percent of …
China Internet Report 2021: What tech firms need to know about China’s new phase of development
China’s internet landscape continues to rapidly grow and innovate in 2021, pushing internet companies to evolve and adapt, as the nation enters a new phase of development, according to the China Inter…
PVH Corp. announces financial results
PVH Corp., owner of Tommy Hilfiger, Clavin Klein, Warner’s, Olga and True & Co., reported its second quarter revenue increased by 46 percent compared to the same period last year. …
Inter Parfums announces financial results
Inter Parfums, Inc. reported its sales rose 18 percent in the second quarter ended 30th June, 2021. …
Nike announces financial results
NIKE, Inc. reported revenue of US$12.3 billion, up 96 percent compared to prior year, for its fiscal 2021 fourth quarter and full year ended 31st May, 2021.…
Prada announces financial results
The Prada S.p.A. announced the consolidated financial results for the full year ended 31st December 2020.…
Kering announces financial results
Kering announced that the total revenue generated by Kering’s Houses in 2020 amounted to US$15,330.4 million, down 17.6% as reported and 16.5% on a comparable basis.…