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Last year was so good for the consulting firm that it now leads the Swiss market. The financial sector plays an important role in that, says managing partner Gustav Baldinger. Digital transformation, consolidation, regulation. What ends up giving executives…
The so-called Big Four, Deloitte, Ernst & Young, KPMG, and PricewaterhouseCoopers, audit 40% of publicly traded companies in Vietnam. As of last year, Vietnam’s three stock markets, HoSE, HNX and UPCoM, had over 1,600 firms listed, and the four companies…
Many central banks have or plan to launch digital central bank money. A PwC study looks at the winners and losers. A study from PwC released Monday analyzing central banks’ level of maturity and development of their digital currencies (CBDCs), shows that…
Fashion retailer Zara has reassured customers that its decision to close its IFC mall store in Hong Kong on Monday was not related to protests currently taking place in the city. The statement emerged after social media users in Mainland China speculated that…
Vietnam has seen the highest growth in mobile payments in the past year, according to the Global Consumer Insights Survey 2019 conducted by PwC. The survey, which covered more than 21,000 respondents from 27 territories, showed that the percentage of…
The number of Vietnamese people making mobile payments in stores this year has grown fastest globally by 24 percent. A survey by the audit, tax and consulting services provider PwC found 37 percent of the respondents making mobile payments in 2018, but it…
British clothing retailer Karen Millen has bought a stake in fashion label Coast following the brand’s administration by PwC. The purchasing company has agreed to take on Coast’s UK concessions portfolio and online businesses, saving 600 jobs in the ailing…
After steady recovery last year, Hong Kong’s retail sector is expected to improve further this year on the back of a bullish economic outlook, both globally and in China, says PWC Hong Kong. Retail sales in Hong Kong for the first 11 months of last year eased…
Trends eventually stop being trendy and either disappear into obscurity or become part of everyday life. The trends which end up only being fads often come in with a bang and leave with a thud, leaving embarrassing photos and fashions in their wake. Remember…
Flipkart-owned Indian online fashion company Myntra has added two international brands to its platform, Toms and Meters/Bonwe. This makes Myntra home to more than 30 global brands, says its head of international brands business, Gunjan Soni. US-based Toms is…
With Asian retail sales projected to reach more than $10 trillion by 2018 – twice the figures for North America – trends and developments will be discussed at a three-day Bangkok retail show in August. Regional sales are projected to be the fastest worldwide…
Italy’s Benetton Group has announced a US$1.1 million commitment to the Rana Plaza Trust Fund. But it wasn’t enough to end the criticism from the Clean Clothes Campaign which has for months singled Benetton out for failing to contribute to the fund. To end…
