11.11 Archives - Inside Retail Asia
Alibaba Group boosted second-quarter revenues by 42 per cent, as the number of active users on its e-commerce sites grew by 20 million.
L’Oreal Asia Pacific sales soared by a staggering 24.1 per cent on a like-for-like basis last year.
November Singapore retail sales were static, rising just 0.2 per cent year on year.
China’s slowing economy was the primary reason for the slowing growth of sales on Alibaba’s Singles Day on Sunday.
E-commerce giant sees $42 billion in transactions over 24 hour period.
Tmall and Swire Properties are launching a New Retail initiative creating tailored retail experiences at Swire Properties’ five mainland malls.
Chinese O2O retailer Suning has posted RMB172.97 billion (US$24.79 billion) in operating revenue in its third quarter performance report.
Alibaba and its partner retailers will face a massive challenge ensuring flawless delivery of millions of parcels on Singles Day 2018.
Tmall will this year work with top beauty brands to help them surpass RMB 1 billion in annual sales on the platform.
Shoe retailer Skechers posted a 27 per cent increase in sales in the last quarter, powered by a 40 per cent increase in international wholesale sales.
Continuing momentum in Alibaba Group’s ‘New Retail’ business helped drive a 56 per cent year-on-year growth in sales for the quarter to December 31.
Global lingerie brand Victoria’s Secret has brought its iconic fashion show to Shanghai.