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Lenskart
Maria SantosGeneral

Lenskart to launch IPO this week, seeking US$7.9b in valuation

Lenskart Solutions, a leading Indian eyewear retailer, is preparing to unveil its Initial Public Offering (IPO) this week. The company is targeting a valuation of approximately 695 billion rupees, which equates to around $7.91 billion. Details of the IPO…

Uma Nota
Aiko TanakaFood

Uma Nota and Bedu to shut down in Hong Kong this summer

Navigating Hong Kong’s culinary industry presents a challenging venture, as escalating rental rates, consumers seeking cheaper alternatives in Mainland China, and stiff rivalry between establishments create a tough business environment. These factors are…

korea retail
Minjun ParkGeneral

Korean retailers struggle amid sluggish demand

The first quarter of 2025 presented significant challenges for the South Korean department store industry due to a notable decrease in domestic consumption. This tough economic climate had a substantial impact on sales and profits. Lotte Department Store was…

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