KK Group hopes the fourth time is lucky with new Hong Kong IPO bid
The ‘experience retailer’ hopes to attract investors with its healthy growth in stores, revenue and recent move to profitability Key Takeaways: KK has filed for a long-planned Hong Kong IPO,…
LightInTheBox outpaces e-commerce rivals on low-end product focus, geographic diversity
The operator of online sites specializing in cheap apparel posted record quarterly revenue growth in the second quarter, though it lost money due to heavy spending on marketing Key Takeaways:…
Its business in tatters, could Gome be morphing into a commercial property owner?
The struggling retailer’s shares have been suspended since April for failing to file its annual report on time, and it was forced to hire a new auditor after the previous…
Retail slowdown takes wind out of Dmall’s advancing IPO
The provider of cloud-based services for traditional and e-commerce retailers posted revenue growth of just 1.6% in the first quarter Key Takeaways: Dmall’s revenue growth slowed sharply in the first…
Pop Mart steps up overseas drive with British acquisition
The collectible toy seller’s acquisition of Mogic Ltd. could be followed by more, similar deals, drawing on the company’s $700 million cash pile Key Takeaways: Pop Mart announced it has…
Xtep takes a breather after marathon pandemic sprint
The athletic footwear maker said its growth began to slow in this year’s first quarter as life started returning to normal in China with the end of pandemic restrictions Key…
Fast Fashion Sensation Shein Sizes Up U.S. Listing Despite Slowing Sales
The online clothing seller, which cranks out new fashions in as little as seven days, could see its valuation shrink by about a third to $64 billion in its latest…