Millet Edelweiss Holdings Co. (MEH), South Korean sales entity of French outdoor equipment and apparel brand Millet, is put up for sale amid sluggish sales in the Korean outdoor apparel market.…
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.…
Japan’s JINS up at home and abroad
Eyewear firm, JINS, hit record sales again in FY2018, rising 12.5% to ¥28.4 billion producing operating profit of ¥2.6 billion, up 22.8%.…
Alibaba’s Mid-Year Shopping Festival breaks records across China
This 6.18 was the most-inclusive ever, with over 200,000 brands taking part.…
How was JD.com’s June 18 Anniversary Sale?
Total sales transaction volume during JD.com’s June 18 Anniversary Sale (“6.18”) reached new heights this year of $29.2 billion.…
How is Canada Goose doing?
Luxury outerwear company Canada Goose Holdings said its revenues surged by more than 40%, reporting growth in every geographic market.…
VF Corp records double-digit revenue growth in 2019
VF Corp said full year 2019 revenue increased 12 percent to $13.8 billion, as the U.S. owner of Vans, Timberland and the North Face saw its international segment soar on strong China sales.…
Fitbit narrows losses, sales lift on increased devices
U.S. wearable tech company Fitbit Inc. said that first-quarter revenues increased by double-digits, on the back of a surge in devices and smartwatches.…
Guess what’s back in fashion in Korea?
Leggings, which seemed to be going out of style in recent years, are making a comeback as versatile outdoor sportswear – for men and women – that can be worn anywhere, from the golf course…
Imported beers strengthening foothold in Korea
Imported beers are expanding their footprint in Korea as more consumers choose foreign brands over domestic ones due to a mixture of taste and price.…