Search Results: sales
NFTs Are Still Hot: Nike Makes $1M In Digital Sneaker Sales
Nike’s first NFT sneaker drop hit its .SWOOSH Web3 platform this week. The site couldn’t handle the hype, proving that the NFT market is not dead. Read More
Global Luxury Rebounds: LVMH, Hermès Sales Soar Due To Chinese Spending
Luxury spending in China is outpacing the growth of the country's economy. Companies like LVMH are taking note and expanding their presence in the newly-reopened nation. Read More
SK-II, La Mer’s Sluggish Sales In China Cast Shadow On Premium Skincare Trend Boom
Luxury skincare brands’ recent sluggish sales performance raises questions about premiumization, once regarded as the winning approach to driving growth. Read More
Hermès Hits €200 Billion Valuation On Surging Sales Thanks To China’s Ultra-Rich
Between strong first-quarter sales, a renovated Beijing store, and a soaring market capitalization, Hermès has a lot to celebrate this year so far. Read More
As LVMH Q1 Sales Rise 17%, China’s Rebound Seeds Stellar Expectations For Luxury
Despite macro-related fears, notably in the US, luxury sales and profits this year could impress yet again if LVMH's Q1 results are anything to go by. Read More
Hong Kong Retail Sales Rebound Despite Labor Shortage, Thanks To Mainland Tourism
Hong Kong’s retail sales jumped 31.3 percent in February due to low 2022 figures and an upswing in tourist arrivals. But is it too early to get excited? Read More
China’s Cosmetics And Beauty Sales Rebound For The First Time Since July
Hitting $9.53 billion in sales in January and February, China's beauty industry is set to rebound in 2023. But the market is not just growing — it is evolving. Read More
What Do Louis Vuitton’s Record-Breaking Sales In Hefei Reveal About China’s Luxury Rebound?
The Louis Vuitton store in Hefei achieved revenue of over $14.7 million in January. Is it time for luxury names to look at new first-tier cities for growth? Read More
Fashion NFTs Total $245 Million In Sales. Can Brands Harness Success In 2023?
Fashion NFTs have shown that their potential is bigger than ever, but consumers remain hesitant. What can brands do to achieve mass adoption in 2023? Read More
Bilibili Joins Double 11’s Livestreaming Sales Battle
Video sharing platform Bilibili just launched a new livestreaming function in a bid to revamp its loss-making business. But is it too late? Read More
