E-COMMERCE MARKET IN SOUTH KOREA TO SURPASES US $242 BILLION IN 2025
E-COMMERCE MARKET IN SOUTH KOREA TO SURPASES US $242 BILLION IN 2025 - South Korea’s e-commerce market ranks among the most developed in the world and has been on a sustained growth for the past few years. Supported by the country’s robust technology infrastructure, which ensures the availability of high-speed Internet as well as a significant number of tech-savvy customers, the trend is forecast to continue over the next few years to reach KRW263.5 trillion (US$242.2bn) in 2025, says GlobalData, a leading data and analytics company. Accordi…
COMBINED MARKET CAP OF WORLD'S FIVE LARGEST HOTEL CHAINS UP BY $12B YTD, DESPITE HOTEL STOCKS FALLING ON VIRUS FEARS
COMBINED MARKET CAP OF WORLD'S FIVE LARGEST HOTEL CHAINS UP BY $12B YTD, DESPITE HOTEL STOCKS FALLING ON VIRUS FEARS - Although hotel stocks underperformed the broader economy in June for the fourth straight month, the market cap of the world's largest hotel chains still recovered significantly this year. According to data presented by StockApps.com , the combined market capitalization of Wyndham Hotels and Resorts, Choice Hotels International, Marriott International, Intercontinental Hotels Group, and Hilton Worldwide Holdings, as …
GLOBAL ACTIVEWEAR MARKET TO HIT OVER $400B VALUE BY 2024
GLOBAL ACTIVEWEAR MARKET TO HIT OVER $400B VALUE BY 2024 - The global activewear industry, comprising several product categories like footwear, sportswear, swimwear, and yoga wear, has grown steadily over the last half-decade. In 2021, the entire sector is expected to hit a $366.6bn value, up from $353.5bn a year ago. According to data presented by 123scommesse.it , the increasing trend is set to continue in the following years, with the global activewear market reaching over $400bn value by 2024. The United States the Largest…
FASHION & JEWELRY SHOPPING ARE MEANINGFUL FOR AMERICANS DURING COVID-19 PANDEMIC
FASHION & JEWELRY SHOPPING ARE MEANINGFUL FOR AMERICANS DURING COVID-19 PANDEMIC Americans' relief reflects increased demand for fashion items The clothing category increased by 80% and jewelry reached 650% The relief felt by the nearly 110 million Americans who have received the vaccine is beginning to be reflected in the type of purchases they make; Today, consumers stopped focusing on stocking up on groceries and household items to turn their interest in fashion items such as apparel and jewelry. According to Tiendeo.us , t…
ASIA PACIFIC LUXURY RETAILERS TO BENEFIT FROM POST-COVID 19 NORMAL PERIOD
ASIA PACIFIC LUXURY RETAILERS TO BENEFIT FROM 'POST-COVID 19 NORMAL' PERIOD , says GlobalData Several countries in the Asia-Pacific (APAC) region like India and Malaysia are dealing with the second spurt of the COVID-19 pandemic. However, as much as the pandemic proved to be a threat, it also created opportunities for regional luxury retailers and international retailers operating in the APAC to leverage technology and reach customers at a personal level by using the social media platforms such as WeChat and TikTok. The APAC remains th…
5 BUSINESS IDEA THAT YOU CAN START RIGHT NOW DURING PANDEMIC
5 BUSINESS IDEA THAT YOU CAN START RIGHT NOW DURING PANDEMIC - Economic is decreased everywhere during this unprecedented time in our generation, unemployment also make the condition worst, and honestly I am one of them, who lost the job since a year ago, or if you are still holding onto your old job, especially in hospitality industry (or many other industries) pay cuts are unavoidable. The only way to survive is to keep going, and do anything to making money. People's purchasing power may decrease, but to starting a small business won&#…
EUROPEAN HOTEL INDUSTRY REVENUE TO SLUMP BY 50% IN 2021, ACCOMMODATION TURNOVER BY 28%
EUROPEAN HOTEL INDUSTRY REVENUE TO SLUMP BY 50% IN 2021, ACCOMMODATION TURNOVER BY 28% - For the European hospitality industry, substantial effects of the pandemic are expected to affect its performance in 2021. According to the research data analyzed and published by ComprarAcciones.com , revenue could slump by as much as 50% during the year. Based on an HVS report, the sector’s transaction volume fell by 69% in 2020 to €8.5 billion down from a peak of €27.1 billion in 2019. The figure was, however, higher than the €3.1 billion recorded in …
THE BEST AND WORST DESTINATIONS TO LIVING AND WORKING ABROAD - 2021 EXPAT INSIDER SURVEY
THE BEST AND WORST DESTINATIONS TO LIVING AND WORKING ABROAD - 2021 EXPAT INSIDER SURVEY - How do expats rate life in their respective host country? How happy are they with specific aspects of living abroad, such as the quality of life, the ease of settling in, or their working life? And what kind of impact has the COVID-19-pandemic had on life abroad? | Photo by Mikhail Nilov from Pexels Today, InterNations publishes its Expat Insider 2021 survey, one of the world’s most comprehensive surveys about living and working abroad with mor…
CARD PAYMENT IN SINGAPORE WILL REBOUND IN 2021 WITH IMPROING ECONOMIC CONDITIONS
CARD PAYMENT IN SINGAPORE WILL REBOUND IN 2021 WITH IMPROING ECONOMIC CONDITION - Card payments in Singapore, which have seen sustained growth in the last few years, registered a decline in 2020 amid the COVID-19 pandemic. They are set to rebound in 2021 with a 10.2% growth due to improving economic conditions and reducing impact of the pandemic, forecasts GlobalData, a leading data and analytics company. According to GlobalData’s Payment Cards Analytics, card payments are set to revive with the reopening of businesses, recovery in consumer …
Social Plugin