FINANCIAL INSECURITIES TO SLOWDOWN ASIA PACIFIC RETAIL SALES GROWTH RATE IN 2021
FINANCIAL INSECURITIES TO SLOWDOWN ASIA PACIFIC RETAIL SALES GROWTH RATE IN 2021 - The general impact of COVID-19 pandemic in the Asia-Pacific (APAC) region is still of great concern for most of the consumers with 66%* of the respondents expressing deep concerns about their financial situation uncertainties, thus restricting the shoppers from spending freely on retail goods, says GlobalData, a leading data and analytics company. Among the concerned respondent countries, the Philippines, Vietnam, and Malaysia accounted for the highest pro…
INDONESIA’S MULTIFINANCE INDUSTRY EXPECTED TO HELP FILL FINANCING GAP
Metropolitan Jakarta - Capital City of Indonesia INDONESIA’S MULTIFINANCE INDUSTRY EXPECTED TO HELP FILL FINANCING GAP - A new Covid-19 Response Report (CRR), produced by Oxford Business Group (OBG) in partnership with FIFGroup, explores the opportunities for growth in Indonesia’s multifinance industry in the post pandemic era. The analysis focuses on the potential for accelerated digitalisation to reshape the segment, with the development of financial technology, wider digital lending and increased e commerce activity as emerging trends. T…
AIRBNB STOCK UP BY 23% IN 2021, TRADING AT MORE THAN TWO TIMES ITS IPO PRICE
AIRBNB STOCK UP BY 23% IN 2021, TRADING AT MORE THAN TWO TIMES ITS IPO PRICE - Since the company’s IPO in December 2020, Airbnb’s share price has rallied remarkably. It is trading at $177.90 per share as of March 4, 2021, marking a 22.77% increase year-to-date (YTD). The figure was more than 2.5 times its IPO price of $68 per share. Based on data from Tourism Economics, travel spending in the US declined by 42% in 2020 to $679 billion. Though it has bounced back to some extent, it remains below pre-pandemic levels. Airbnb Bookings Recovered …
U.S. LEISURE & HOSPITALITY ACCOUNTS FOR WHOOPPING 39% OF JOB LOST TO PANDEMIC
Photo by William Fortunato from Pexels U.S. LEISURE & HOSPITALITY ACCOUNTS FOR WHOOPPING 39% OF JOB LOST TO PANDEMIC - Almost four in 10 of all the U.S. jobs lost since February of last year are in the Leisure & Hospitality industry, according to analysis of the latest Department of Labor national jobs report —triple the number of the next-hardest-hit industry. The meager 49,000 jobs created by the U.S. economy in January were viewed by economists as a disappointment and a major sign of lingering pandemic-related stress in lab…
HOW MUCH NIKE BRAND WORTH VALUE IN 2020?
Photo by Huy Phan from Pexels Nike Brand Value Increased by 151% in 10 Years -$34.4B in 2020 HOW MUCH NIKE BRAND WORTH VALUE IN 2020? - Sporting behemoth Nike continues to grow its influence as its brand value continues to increase by the billions. It’s dominance over its main competitor Adidas, is clear especially in the North American region where Nike generates 43% of its total revenue. According to data presented by Safe Betting Sites , Nike’s brand value increased by 151% in 10 years, increasing for the fifth year in a row to $34.4B.…
WYNDHAM DESTINATIONS ACQUIRES TRAVEL+LEISURE BRAND FROM MEREDITH CORPORATION
Photo by Karolina Grabowska from Pexels WYNDHAM DESTINATIONS ACQUIRES TRAVEL+LEISURE BRAND FROM MEREDITH CORPORATION - Wyndham Destinations (NYSE: WYND) and Meredith Corporation (NYSE: MDP) today announced that Wyndham Destinations has acquired the Trave l + Leisure brand and all related assets from Meredith Corporation, combining the travel company's portfolio of resort, membership, and lifestyle travel brands with the world's most trusted travel lifestyle content curator and its travel clubs. This acquisition will accelerate…
KERING REVENUE JUMPS BY 44.1% IN NORTH AMERICA, SLUMPS BY 41% IN WESTERN EUROPE
Saint Laurent Spring/Summer 2021 Fashion Show - Image via British Vogue KERING REVENUE JUMPS BY 44.1% IN NORTH AMERICA, SLUMPS BY 41% IN WESTERN EUROPE - The revenue of luxury fashion brand Kering during Q3 2020 outperformed analysts’ expectations. According to the research data analyzed and published by Stock Apps , its consolidated revenue sank by 1.2% quarter-over-quarter (QoQ) and 4.3% year-over-year (YoY) to €3.72 billion in Q3 2020. This was a significant rebound from Q2 2020 when the brand posted a 43.5% decline YoY. Gucci was its …
CARNIVAL CORPORATION REPORTS ALMOST $3B LOSS IN Q3 AS ROYAL CARIBBEAN LOSES $1.2B
CARNIVAL CORPORATION REPORTS ALMOST $3B LOSS IN Q3 AS ROYAL CARIBBEAN LOSES $1.2B - According to its Q3 2020 earnings report, Carnival Corporation suffered a $2.9 billion loss during the period. Its revenue dropped from $6.53 billion in Q3 2019 to $31 million, a 99.5% decline for the top cruise company globally. The second-largest cruise line, Royal Caribbean had a $1.2 billion loss during the same period according to its earnings report. Global Cruise Industry to Shrink by 72% to $7.79 Trillion Based on the research data analyzed and publish…
CHINA THE MOST COMPLEX VS HONG KONG THE LEAST COMPLEX IN TERMS OF FINANCIAL COMPLEXITY IN ASIA PACIFIC – TMF report
CHINA THE MOST COMPLEX VS HONG KONG THE LEAST COMPLEX IN TERMS OF FINANCIAL COMPLEXITY IN ASIA PACIFIC - China is the most complex jurisdiction for financial compliance in the Asia Pacific region and Hong Kong is the easiest, according to a new report by global professional services firm TMF Group. ‘Accounting & tax: The global and local complexities holding multinationals to account ’ ranks 77 jurisdictions by the complexity of accounting and tax rules. It found China’s financial environment to be the region’s most complex, followe…
MANAJEMEN KEUANGAN UNTUK HIDUP YANG LEBIH BAIK, LEBIH SEHAT & LEBIH BAHAGIA
MANAJEMEN KEUANGAN UNTUK HIDUP YANG LEBIH BAIK, LEBIH SEHAT & LEBIH BAHAGIA - Kalian pernah gak sih mengalami sakit? Terus apa cara kalian untuk tetap sehat dan terhindar dari yang namanya sakit? Jika mendengar pertanyaan itu, saya yakin kalau itu bukanlah tema yang menarik untuk dibahas, hampir semua orang pernah merasakan sakit, sakit ringan atau berat, kita semua tahu bahwa sehat itu mahal harganya, dan sakit itu gak enak, gak peduli sakit hati atau sakit gigi, keduanya sama-sama gak enak, apalagi kalau yang sakit dompet, bisa pu…
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