This unusually high rate of returns—well above the 20% to 30% considered normal in the global luxury industry—has persisted since China exited COVID Zero.
Ong Beng Seng has a penchant for schmoozing with the elite. That’s led him to business partnerships with actor Sylvester Stallone and Saudi Prince Alwaleed bin Talal, while his decades-long friendship with Formula One supremo Bernie Ecclestone has been credited with bringing the night race to Singapore.
/PRNewswire/ -- The luxury handbags market size is estimated to increase by USD 29.12559 billion between 2022 and 2027. The market's growth momentum will...
/PRNewswire/ -- The global tote bags market size is estimated to increase by USD 7.47 billion from 2021 to 2026. The market's growth momentum will accelerate...
Pound's Decline Versus Euro Expected to Ease The pace of sterling's decline versus the euro should ease after its recent sell-off as the exchange rate is approaching stretched levels, ING says....
Sainsbury's Grocery Business Reversal Leads to Earnings Upgrades
Sainsbury's 1Q confirms the relevance of the core grocery and Argos businesses in the U.K., Je...