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In October, China’s factory output and retail sales experienced their slowest growth in over a year, which is placing increasing pressure on policy makers to overhaul the $19 trillion export-driven economy. This comes as the country faces growing supply and…
Apple has unveiled its fiscal results for the fourth quarter of 2025, alongside its complete annual figures for the same year. The primary focus of interest is the iPhone’s performance during this period. From July to September, iPhone sales raked in a…
In the third quarter, global gold demand experienced a 3% annual increase, amounting to 1,313 metric tons. This marked the highest level of demand ever recorded, primarily driven by a surge in investment demand, reported the World Gold Council. Spot Gold…
Adidas, the renowned sportswear brand, recently announced a significant increase in their revenue for the third quarter. This surge was widespread, affecting all markets, categories, and channels. For the third quarter, the company’s total revenue skyrocketed…
Fast Retailing, the parent company of Uniqlo, has made history as the first Japanese clothing company to achieve domestic sales of 1 trillion yen. In the fiscal year ending in August, Uniqlo’s domestic sales increased by 10% to approximately 1.03 trillion…
In July, the retail sector in Singapore displayed promising growth, with most categories reporting an uptick in sales. July’s Retail Sales Growth Singapore’s retail industry experienced an impressive 4.1% increase in July, a significant improvement over…
The Lego Group marked the commencement of 2025 with a significant increase in revenue and profit, buoyed by worldwide demand, strategic partnerships, and the introduction of new products. The company’s financial results reveal a 12% annual increase in…
Abercrombie & Fitch reported a record-breaking performance for Q2, driven in large part by a 19% sales increase from its subsidiary, Hollister. This performance prompted the company to revise its full-year sales forecast upward. However, not all was rosy, as…
Leading sportswear brand Asics has adjusted its annual forecast upwards, following an impressive performance in the first half of the year. The company’s exceptional sales growth was seen across all product categories and global regions. Asics witnessed a…
Luckin Coffee reported an unprecedented revenue of $1.72 billion in the second quarter, representing a 47 percent year-on-year increase. This performance coincides with the expansion of the Chinese coffee chain’s global footprint to 26,206 outlets, including…
PTT Oil and Retail Business (OR), the lifestyle and retail subsidiary of Thailand’s PTT Group, has announced a record-breaking financial performance for the first quarter of this year. This success is largely attributable to its leading brand Cafe Amazon,…
Defining upsizing in an all new way, tyre maker JK Tyre has entered the Limca Book of Records with India’s largest off-road tyre. The 40.00-57 VEM 045 was launched in 2014 and stands at 12 feet tall while weighing around 3.4 tonnes. Before off-roaders get…
The operator of South Korea’s CU convenience stores, BGF Retail, has achieved KRW189.5 billion (US$168.9 million) in operating profit last year, a leap of more than 600 per cent over last year. The company said on Tuesday its sales had risen by 515.3 per cent…
Chinese-owned SMCP Group said that total company sales exceeded 1 billion euros in 2018, marking a revenue-first for the French fashion group. “With double-digit sales growth in 2018, SMCP posted a remarkable performance and continued to deliver on its…
Following a record-breaking year of sales in 2017, LVMH recently announced that it has surpassed its earnings record in 2018. The French multinational luxury goods conglomerate revealed that it made an incredible €46.8 billion EUR (approximately $53.4 billion…
Gold prices edged up on Wednesday to hit their highest since May, supported by uncertainty over U.S.-China trade relations and expectations the U.S. Federal Reserve will keep rates on hold later in the day. Spot gold was up 0.2 percent at $1,313.91 per ounce…
