South Korean food companies see massive sales growth

South Korean food companies scored massive sales growth in the wake of the COVID-19 pandemic, as the demands increased for products that can be consumed at home, in both domestic and overseas markets.…

South Korea’s instant noodle market records high sales

The instant noodle market in South Korea recorded all-time high sales of US$952.2 million in the first half of this year, largely affected by the COVID-19 pandemic, data showed.…

Interparfums reports 2020 second quarter net sales

Interparfums, Inc. announced that for the three months ended 30th June, 2020, net sales declined 70.2% to $49.5 million from $166.2 million for the corresponding period of the prior year.…

Furniture sales in Korea rise

With more people studying, working and eating at home because of the Covid-19 outbreak, furniture companies in Korea are doing well.…

Skincare sales in Australia set to hit US$1.49bn in 2024

Sales of skincare products in Australia are set to be worth some US$1.49 billion in 2024, on the back of a projected 4.3% compound annual growth rate between 2019 and 2024, according to Globaldata.…

Samsung and LG report better-than-expected financial results in Q2

Korea’s two IT giants Samsung Electronics and LG Electronics could fare better than expected in the second quarter as demand for their appliances and smart gadgets in the Korean and other advanc…

Singapore’s e-commerce market to be worth $9.5bn in 2020 on Covid-19

Singapore is predicted to hit almost S$10 billion (US$10 billion) in online sales for this year alone.…

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.…

Inter Parfums reports 2020 first quarter sales

Inter Parfums, Inc. reported that for the three months ended 31st March, 2020, net sales declined 18.7% to $144.8 million from $178.2 million in the first quarter of 2019.…