Inditex, the multinational retailer that owns fashion brands like Zara, Bershka, and Stradivarius, has reported continued growth in its sales, a result attributed to its store-centric strategy. As the largest fashion retailer globally and headquartered in…
Fast Retailing, the Japanese company that owns global clothing brand Uniqlo, has revised its full-year forecast, indicating yet another year of record growth. This comes on the back of a stronger-than-expected surge in quarterly earnings, attributed to…
Inditex, the parent company of Zara, has seen considerable increases in its gross and net profits, fueled by robust sales across all its brands. The company’s total net revenue for the fiscal year ending January 31, 2025, climbed 3.2 per cent to €39.9 billion…
The A2 Milk Company has announced robust sales growth in the double digits for the first half of the fiscal year. This growth has been driven largely by the company’s strong performance in both the China and US markets. Revenue for the six-month period ending…
China’s personal luxury goods market is anticipated to experience moderate growth in 2026, according to global management consulting firm, Bain & Company. However, they also caution that this recovery may be unstable and variegated across various brands and…
Between 2023 and 2025, the Singapore government allocated SGD600,000 (US$466,000) from its short-term relief fund to provide financial aid to 260 employees who were left without pay when their companies went into liquidation. The relief fund aims to support…
Heineken’s chief executive officer, Dolf van den Brink, has announced that he will be relinquishing his position on May 31, putting an end to his near six-year tenure as the leader of the renowned Dutch brewer. Career Overview of an Esteemed Leader Van den…
The 2025 version of the ‘Vietnam 100 Best Places to Work’ list has introduced several newcomers, including KienlongBank and Duy Tan Recycling. Global consumer goods corporation Unilever managed to retain its top spot in the large business category in the 12th…
Swedish furniture giant Ikea has announced the acquisition of US-based logistics technology company, Locus. This strategic move is aimed at enhancing Ikea’s delivery services and facilitating a faster and more streamlined online shopping experience. The…
Back in 2012, concerns about national security led the U.S. House of Representatives’ Intelligence Committee to label tech giants Huawei and ZTE as potential threats. These fears stemmed from allegations that Huawei was spying on U.S. consumers and…
The A2 Milk Company has reported a significant increase in its revenue for the current financial year. The group’s revenue rose by 13.5 per cent, reaching $1.9 billion, a notable increase from last year’s $1.67 billion. Financial Growth and Profit This upward…
Samsung Electronics announced sharply lower earnings for the fourth quarter, an earnings “shock” that suggested that the “supercycle” in the global semiconductor market is nearing an end. Preliminary 2018 performance numbers released Tuesday predicted the…
Luk Fook sales in the third quarter fell 10 per cent on a same-store basis. “Recent market sentiment has been adversely impacted by the US-China trade war, the depreciation of Renminbi, and downward pressure in the stock and property markets,” said chairman…
The premier luxury e-commerce platform, Farfetch, is set to broaden its business operations into the Korean market. This move is made possible through an alliance with Coupang, which is Korea’s principal e-commerce company. Facilitating International…
Data compiled reveals that Thai investors have been thriving on their stakes in a variety of Vietnamese companies, particularly in the dairy, beverage, plastics, and retail sectors. The spotlight is on Vinamilk, a dominant player in the dairy market, which…
Eicher Motors Limited (EML), the parent company of Indian motorcycle brand Royal Enfield, has made its debut on the Dow Jones Sustainability Indices (DSJI) – Emerging Markets category. Eicher Motors is one among only ten global automotive companies to feature…