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Kung Hei Fat Choi

By Aiko Tanaka
1 min read
happy chinese new year 2024 year of the dragon character with asian style 655789 259
happy chinese new year 2024 year of the dragon character with asian style 655789 259
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The Year of the Dragon is here. We extend our best wishes to you and your loved ones in the 2024 Lunar New Year. May you enjoy an auspicious Year of the Wooden Dragon filled with peace, prosperity, and good health

Have a Happy Chinese New Year and Kung Hei Fat Choi!

Questions & Answers

Q.

Which company recently secured a significant funding round for its female-focused e-commerce operations?

A.

Newly merged MoxyBilna successfully landed $15 million in funding. This investment is specifically allocated to support their female-focused e-commerce platform, indicating a significant step for the company.

Q.

What is Perry Ellis's recent business expansion in South Korea?

A.

Perry Ellis has finalised a licensing deal in South Korea. This agreement is for the production and distribution of men's underwear, marking an expansion of their product line in the region.

Q.

What investment plans does UCWeb have for India and Indonesia?

A.

UCWeb intends to invest R200 crore across India and Indonesia. This investment is planned over a two-year period, suggesting a significant focus on these markets for future growth.

Q.

Which brand experienced its best financial quarter in ten years, and where did sales significantly increase?

A.

Havaianas achieved its best quarter in a decade, primarily driven by a substantial surge in sales within China. This indicates strong performance and market growth for the brand in that region.

Reader pulse

Does Lunar New Year drive significant retail growth?

18,095 votes so far

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