Southeast Asia’s leading e-commerce platform Lazada concluded yet another record-breaking 11.11 Global Shopping Festival, with close to 10 million more users and more than double the number of s…
How is Taiwan’s Singles’ Day sales doing?
As Singles’ Day sales mania gripped Taiwan on 11 Nov., the websites of online retailers PChome, Shopee, and Momo all crashed at various points during the day, while many sites set records for sa…
Shopify sales soar 45% in Q3, profits dive
Global commerce company Shopify announced its third-quarter results, highlighting a double-digit sales uptick for the three-month period, thanks to an increase in merchant numbers and its recent inter…
Moncler Q3 revenues lift by double-digits despite Hong Kong sales dive
Italian luxury brand Moncler said that sales rose by double-digits in the third quarter, despite a 40% decline in Hong Kong sales.…
Hermès sales up 13% in third-quarter, Asia revenues soar
French heritage fashion house Hermès reported a third-quarter sales surge, as consolidated revenues surpassed the 5 billion euros mark.…
Uniqlo reports annual overseas sales over ¥1 trillion
Fast Retailing Co., the operator of Uniqlo casual clothing stores, said that annual overseas sales at the Uniqlo division surpassed ¥1 trillion for the first time ever.…
Ted Baker sales dip, swings to profit loss
UK fashion brand Ted Baker said first-half group revenues fell 0.7%, or 2.5% in constant currencies, to £303.8 million.…
H&M sales lift on strong online sales
Sweden’s H&M Group said net sales increased by 11 percent to SEK 171,061 million during the first nine months of 2019, or 6 percent in local currencies, propelled by strong online sales in the th…
Australian retail sales lift 0.4% in August
Australian retail sales increased for the month of August, signalling a slight improvement in the nation’s struggling retail landscape.…
IKEA Southeast Asia releases FY19 financial results
Sales at IKEA stores in Southeast Asia topped SGD 1 billion for the first time this year, reflecting healthy growth for a big-box retail business that is meeting a new generation of shoppers and creat…