The Estée Lauder Companies Inc. reported net sales of US$3.86 billion for its third quarter ended 31st March, 2021, an increase of 16% on a reported basis, and 13% in constant currency, from US$3.35 b…
HUGO BOSS announces financial results
HUGO BOSS reported a solid start to the year as business recovery continues. …
Korea’s retail sales up 18.5% in March
Retail sales in South Korea jumped 18.5 percent in March from a year earlier on the back of seasonal promotions by offline stores, with local consumers also turning to “revenge shopping” a…
Korea’s department sales up 34% in February
Department sales surged 34 percent on year in February, suggesting pent-up spending of the richer in South Korea.…
Lululemon announces financial results
lululemon athletica inc. announced financial results for the fourth quarter and fiscal year 2020 ended 31st January, 2021.…
South Korean online shopping grows over 20% in January
Online shopping in South Korea grew more than 20 percent in January from a year earlier as the protracted pandemic promoted more people to buy products via e-commerce platforms, data showed.…
Valentino posts sales loss in 2020 despite China, online lift
Valentino reported sales losses for the year 2020, despite an uptick from its mainland China market and an increase in digital sales.…
Tiffany sales up on China demand
U.S. luxury jeweller Tiffany and Co. reported a sales uptick for the Holiday period, on the back of strong online revenues and demand from Chinese consumers.…
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.…
Decrypting Singles’ Day 2020
Another record year. Let’s look at three aspects that will have strong implications in determining just how much they may share in that success in 2021.…