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From the start of the year through October 15, Vietnam exported more than 7 million tonnes of rice. Despite this significant export volume, domestic paddy and rice prices have seen a decline due to reduced purchases from exporters. Rice Export Data The…
Chinese beverage company Chagee Holdings is maintaining its focus on premium products, even in the face of falling sales and profits as customers turn to more affordable competitors. The company’s co-founder, Shang Xiangmin, stated in a recent interview, “We…
Metcash, a prominent retail conglomerate, reported a notable 5.1% increase in group sales (excluding tobacco) for the 18 weeks leading up to August 31st this year. This growth coincides with the company’s plans to launch its first-ever cross-pillar marketing…
Lanvin Group, which houses well-known luxury brands such as Lanvin, Wolford, Sergio Rossi, St John, and Caruso, recorded a decrease in revenue during the first half of the year. The group reported US$155.6 million in revenue, marking a 22% drop in comparison…
The luxury fashion conglomerate, Lanvin Group, which houses brands such as Lanvin, Wolford, Sergio Rossi, St John, and Caruso, has reported a decline in first-half revenue to US$155.6 million. This figure represents a 22% decrease compared to the same period…
Despite relatively stationary sales figures, Hong Kong’s DFI Retail Group has reported robust profit growth in the first half of the fiscal year. Sharing profits with shareholders saw an impressive rise of 39 per cent to US$105 million in the six months…
Despite facing an earlier boycott due to its utilization of a contentious ‘nine-dash line’ map in its mobile application, Chinese milk tea franchise Chagee has made a return to the Vietnamese market. New Store Opens Recently, Chagee set up shop in Tan Huong…
Despite subdued consumer sentiment impacting its sales in the last fiscal year, Chow Tai Fook witnessed an increase in its operating profit. The company’s revenues for the fiscal year, ending on March 31, saw a significant decrease of 17.5 per cent, amounting…
In the first quarter of this year, Singapore experienced a rise in retail vacancy rates, a phenomenon attributed to the healthy demand for prime locations and steady rental growth, as reported by real estate specialists Savills. Increased Retail Vacancy Rate…
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