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With 75 new store openings in 2012, Miu Miu reports 30pc sales growth
Source: cpp-luxury.com Prada Group's MIU MIU brand has recently reported a 30.8 percent increase in its sales for the first quarter of 2012, reaching a total of EUR107.3 million (USD131.75m) in...
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Made-in-Asia luxury sheds fake image
Source: Business Standard For decades, made-in-Asia luxury has been shorthand for "fake". Now, companies from South Korean bag maker Couronne to Malaysian dressmaker Farah Khan are making a case for...
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Thailand's Beauty Community eyes domestic and SE Asia expansion
Source: Bangkok Post Beauty Community Plc, the Thai cosmetics and skincare-product manufacturer and distributor, is maintaining its growth targets of 30 percent for sales and 20 percent for net...
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Thai turmoil damages sales at Central Group's retail empire
Source: The Wall Street Journal Online Thailand's political impasse is hitting sales at one of the country's largest family-owned conglomerates, Central Group, at a time when the company is seeking...
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China's Vipshop sees net income jump 326pc, active customers grow 129pc in 1Q14
Source: Retail in Asia Vipshop, a Chinese online retailer that sells quality branded items at discount, on Wednesday reported better-than-expected results for the first quarter ended on 31 March...
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Samsonite plans to buy local brands in India
Source: The Hindu Business Line Samsonite is scouting for acquisition of local brands to strengthen its position in the Indian market. The company is also targeting up to 30 per cent sales growth at...
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JB HiFi on track to meet sales target
Source: The Sydney Morning Herald Online It has been a slow start to the financial year for consumer electronics retailer JB Hi-Fi with sales down on a year ago.New chief executive Richard Murray...
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Falling sales put discount department stores in Australia under pressure
Source: The Sydney Morning Herald Online Shopping centre landlords in Australia are facing an uphill challenge in deciding whether to keep discount department stores, which are one of one of the...
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HTC looks to moderate sales growth in Q4
Source: DIGITIMES HTC expects its revenues to grow 2.6-12.2 percent sequentially to TWD$43-47 billion (USD1.41-USD1.54 billion) in the fourth quarter of 2014. View full story
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Ready, set, shop! Alibaba gears up for Singles' Day
Source: CNBC Singles' Day – so named because the date Nov. 11 has four singles (11/11) – was started as an in-joke between university students, but has morphed into China's equivalent of Cyber...
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Pacific Brands upgrades profit guidance as Bonds, Sheridan shine
Source: The Sydney Morning Herald Online Socks and jocks maker Pacific Brands has upgraded its full year profit guidance by about 10 percent after strong sales growth in its Bonds and Sheridan brands...
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Cotton On plans next stage of global growth
Source: The Sydney Morning Herald Online Cotton On Group has revealed plans to add 227 jobs in Australia and overseas this year as the Geelong-based value fashion retailer embarks on another...
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Thai retailer group slashes 2015 growth forecast
Source: Bangkok Post The Thai Retailers Association (TRA) has nearly halved its 2015 sales growth projection to 3.2 percent from last year's 6.3 percent and THB3.2 trillion (USD91.73 billion). It...
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Michael Kors backs outlook, allays "handbag apocalypse" fears
Source: CNBC Michael Kors Holdings Ltd reported better-than-expected first-quarter sales and profit and reaffirmed its forecast for the full year, surprising analysts who had expected the company to...
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Former Woolworths chairman John Dahlsen attacks Bunnings over competition
Source: The Sydney Morning Herald Online Former Woolworths chairman John Dahlsen has backed small business calls for stronger competition laws, saying independent hardware retailers are "failing" at...
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