JD.com, a prominent marketplace for consumer electronics in China, forecasted an uptick in home-appliance sales for the second half of the year during their recently held quarterly review. This projection was made despite their first reported decrease in…
Revenues generated from telecommunications and pay-TV services in China are set to witness a moderate compound annual growth rate (CAGR) of 1.3% from 2025 to 2030. This growth can be primarily attributed to innovative developments in mobile data and fixed…
Fast-fashion online retailer Shein is preparing to debut its Initial Public Offering (IPO) in Hong Kong as early as next Wednesday, according to individuals privy to the matter. The Singapore-based enterprise has engaged in marketing its share offering to…
Sea Limited, a Singaporean company, experienced robust sales and profit growth during the second quarter of this year. The growth was fuelled by a strong performance across the company’s three main divisions. The company, which is listed in the US, reported a…
After operating as a licensee for 36 years, Yum China is poised to acquire full ownership of Pizza Hut in Mainland China. This substantial move was guided by the company’s impressive second-quarter earnings report, which revealed a 13% year-on-year increase…
The mobile services sector in Indonesia is anticipated to observe a compound annual growth rate (CAGR) of around 3.4%, thus escalating from USD 10.2 billion in 2025 to USD 12.1 billion by 2030. This expansion is principally fueled by the escalating proceeds…
The luxury group Kering has reported an upturn in its performance for Q2, indicating a return to revenue growth. CEO Luca de Meo has attributed this encouraging development to the early signs of progress across Kering’s portfolio, following recent operational…
Chagee, the acclaimed Chinese tea chain, has experienced yet another boost in revenues, despite the ongoing expansion of its stores seeming to take a toll on its profit margins. Currently, Chagee owns a staggering 7531 teahouses, located primarily in Greater…
Miniso Group, a prominent retailer based in China, reported a significant growth in sales in its first quarter, owing to strong performances across all business areas. The company’s revenue saw a year-on-year increase of 28.5%, totalling up to US$824.6…
Citibank Korea has reported their most impressive quarterly earnings in over half a decade. The first-quarter net income witnessed a significant leap of 61% from the previous year, primarily due to a substantial rise in noninterest income. Citibank Korea…
JD.com, a major player in the Chinese e-commerce sector, has surpassed first-quarter revenue and profit expectations, provoking interest among investors about the role of Beijing’s subsidy program in maintaining this positive trend amidst rising tariffs and…
Kering, the luxury conglomerate that owns brands such as Gucci and Balenciaga, has noted a sequential improvement in its revenue for the first quarter, indicating that the company’s recovery is gaining momentum. Quarterly Revenue Trends The company reported a…
In the first quarter, LVMH reported revenues of €19.1 billion (US$22.4 billion), marking a decrease of 6%. This decline is largely attributed to various geopolitical tensions impacting business operations across the globe. Geopolitical Impacts on Revenue LVMH…
Metro Retail Stores Group (MRSGI) has achieved remarkable revenue growth in FY25, exceeding the PhP40-billion (approximately US$662.8 million) milestone. This growth was fueled by consistent sales growth, margin expansion, and ongoing network development.…
DPC Dash, the firm in charge of Domino’s operations in China, has noted a substantial revenue increase as well as an ambitious expansion of stores across the country for the fiscal year 2025. The firm’s recorded revenue growth constituted a 24.8% increase…
PDD Holdings, the parent company of Temu, failed to meet its quarterly revenue and profit forecasts this Wednesday. The company highlighted the increasing domestic competition coupled with worldwide uncertainty as factors that will continue to impact…
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Retail Leadership · 13 min read
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