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Chinese e-commerce powerhouse, PDD Holdings, recently experienced a significant drop in first-quarter profits along with revenues falling short of projections. This is largely attributed to a sluggish economy dampening demand for their domestic operations.…
Misto Holdings, the South Korean fashion and golf corporation, has announced an impressive surge in their first-quarter earnings, owing to robust demand for K-fashion labels and golf equipment. The company reported a 4.2% year-over-year increase in revenue,…
Misto Holdings is set to broaden its reach in the Greater China region, bringing a multitude of Korean fashion brands to the rapidly growing market. The company’s portfolio consists of brands such as Matin Kim, Marithé+François Girbaud, Raive, and Rest &…
In the fourth quarter, Misto Holdings, the parent company of Fila, Titleist and FootJoy, announced an increase in sales growth following a restructuring of its U.S. operations. The firm, based in South Korea, saw a 6.3% year-on-year boost in revenue during…
Hong Kong-based financial behemoth, Bonjour Holdings, has reported a slump in its earnings attributed to what the corporation describes as a “complicated” retail atmosphere. Financial Figures Bonjour Holdings reported a loss of HK$68.8 million (US$8.8…
Russia holds vast foreign exchange reserves, a large chunk of which are held offshore, having the potential to upend money markets. The country had international reserves totaling $630 billion at the end of January, consisting of $467 billion in foreign…
Real estate companies issued approximately $1 billion worth of bonds, accounting for 62 percent of the total market issuance, in Q1. According to leading brokerage firm SSI Securities Corporation, the total volume of corporate bonds issued in Q1 was VND37.4…
Beauty retailer Bonjour Holdings has warned shareholders of a “substantially increased loss” for the current year as the social unrest and falling Mainland Chinese visitor numbers take their toll. Last year, Bonjour Holdings reported a net loss of HK$39.6…
Robinsons Retail Holdings will launch up to 150 new stores in the Philippines this year. The firm published a presentation online revealing plans to invest PHP3–5 billion (US$57.8–96.3 million) on the store openings, following expenditure of PHP4.41 billion…
