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#downturn

Every story tagged #downturn on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.

4 stories in this topic

Forex
Finance
1 min read

VN-Index Opens Week on a Downturn Amid Market Uncertainties

Vietnam’s stock market kicked off the week on a down note, as the benchmark VN-Index dipped by 0.39%, closing at 1,296.29 points. This drop translates to a loss of 5.1 points, following a previous session where the index slipped 11.81 points. Trading Activity…

beauty cosmetic
Fashion
1 min read

The Lipstick Effect drives South Korea cosmetics sales

The Lipstick Effect has seen a rise in cosmetics sales despite South Korea’s economic downturn of 2018. The term The Lipstick Effect describes the phenomenon whereby colour cosmetics sales surge during a recession as consumers turn to small-ticket luxuries to…