Puma is highly dependent on wholesale, which accounts for about 75% of its sales. Wholesale sales tend to bring lower margins than sales through full-price owned channels. Puma also risks losing share ...
Neo-Concept International Group Holdings Limited (Nasdaq: NCI) is thrilled to announce the successful establishment of its joint venture, Lineowa Fashion and Lifestyle LLC, with Liwa Trading ...
Chinese fast-fashion giant Shein has announced that it is to launch its first branded credit card worldwide in Mexico through a partnership with Mexican fintech Stori.
Hyundai Motor reported a decline in net profit for the third quarter, missing analysts' estimates, amid sluggish vehicle demand. Net profit was 3.206 trillion won, equivalent to $2.32 billion, down ...