Anta Sports Faces Setback as Full-Year Operating Margin Falls Short Anta Sports, China’s largest sportswear manufacturer, has recently encountered a setback as its full-year operating margin took a hit, dropping by slightly over a percentage point. This decline can be attributed to the company’s increased expenditure on branding, sales channels, and research and development (R&D) […]
Risky Business: Should Prada Buy Versace?
Risky Business: Should Prada Buy Versace? In the ever-competitive world of high fashion, strategic acquisitions can make or break a company’s trajectory. The latest buzz in the industry is swirling around the potential acquisition of Versace by Prada Group. While the move could undoubtedly shake up the fashion landscape, the question remains: is it a […]
The Business of Beauty Global Awards: An Update on 2024’s Winners
The Business of Beauty Global Awards: An Update on 2024’s Winners In the ever-competitive world of beauty, staying ahead of the curve is essential for success. The Business of Beauty Global Awards, known for recognizing innovative beauty startups, recently revealed the winners of its 2024 edition. These visionary companies have not only received prestigious accolades […]
Coinbase to relaunch in India after 2022 Setback
Coinbase to Relaunch in India after 2022 Setback Coinbase, one of the leading cryptocurrency exchanges globally, is gearing up to make a strong comeback in the Indian market following a setback in 2022. Despite facing challenges such as high taxes on digital assets, the platform is determined to revitalize the Indian crypto space and establish […]
Crocs Inc. Sales Rise Thanks to China and North America
Crocs Inc. Sales Rise Thanks to China and North America Crocs Inc., the iconic footwear company known for its comfortable clogs, has been making significant strides in its sales performance, particularly in the key markets of China and North America. The company’s latest financial report indicates a notable increase in revenue, thanks to a surge […]
Coinbase secures approval to launch in Argentina
Coinbase Secures Approval to Launch in Argentina Coinbase, a leading cryptocurrency exchange platform, has recently made waves in the financial world by securing approval to launch in Argentina. This strategic move comes as part of the company’s expansion efforts into new markets, with a keen focus on tapping into the burgeoning crypto scene in South […]
Vans Parent VF Corp Swings to Profit, Beats Sales Estimates
Vans Parent VF Corp Swings to Profit, Beats Sales Estimates VF Corp, the parent company of popular brands like Vans, has recently made a significant comeback in the retail industry. After facing two consecutive quarterly losses, the company has managed to turn a profit and exceed second-quarter sales estimates. This impressive achievement has not only […]
Thailand advances digital economy with strategic partnerships in Southeast Asia
Thailand’s Strategic Partnerships in Southeast Asia Elevate its Digital Economy Thailand is making significant strides in advancing its digital economy through strategic partnerships within Southeast Asia. With a vision to position itself as a regional hub for digital technology, the country is forging alliances to drive innovation, foster collaboration, and promote sustainable growth within the […]
Robinhood launches crypto trading in Spain
Robinhood Launches Crypto Trading in Spain: A Game-Changer for the Spanish Market In a strategic move that is set to revolutionize the Spanish financial landscape, Robinhood has recently announced the launch of its cryptocurrency trading services in Spain. This development comes hot on the heels of the European Union’s introduction of the Markets in Crypto-Assets […]
Fosun’s Jewellery Unit Shanghai Yuyuan Considers Second Listing in Hong Kong
Fosun’s Jewellery Unit Shanghai Yuyuan Considers Second Listing in Hong Kong The renowned jewellery unit of Fosun Group, Shanghai Yuyuan, is contemplating a second listing in Hong Kong. This strategic move comes as the Shanghai-listed company, which shares an owner with Lanvin Group, aims to potentially raise over $300 million through this offering, according to […]