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Despite witnessing a 4.3% slide in sales last year, French luxury conglomerate Chanel has committed to maintaining its heightened capital expenditure this year. The persistence of market instability, especially in Asia and the U.S., has not deterred the…
Online fashion-retailer Asos reported sales growth beneath expectations for the four months to June, spooking investors and causing its share price to tumble 13 per cent overnight. That was despite a 14 per cent increase in sales in what CEO Nick Beighton…
HTC had a pretty rough start to 2019 with record-low revenue numbers in both January and February. Nevertheless, things then started to look more positive in March as HTC’s sales increased dramatically thanks to the popularity of its VR headsets. But as…
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…
Internet connectivity in Việt Nam will remain slow for the next two weeks. The Asia-America Gateway (AAG) submarine cable broke once again on Sunday, causing bandwidth loss from Việt Nam to Hong Kong, Singapore and the US. The line that snapped on Sunday was…
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