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SHEIN Opens Dublin HQ, Plans 30 Pop-Up Events Across Increasingly Important EMEA Markets

Retail TouchPoints

The news comes as fellow Asia-based discount shopping app Temu picks up steam in the U.S., SHEIN generated $23 billion in revenue and net profits of $800 million in 2022, people close to the company told WSJ. where monthly active users of Temu surpassed SHEIN for the first time in April 2023, according to Sensor Tower.

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Eighteen months post-merger, Lotus’s growth is stagnating. Here’s why

Inside Retail

It operates 163 units with an average size of just over 5,200 square metres, but 80 of them are much bigger than that: cavernous warehouses where retail buyers and end consumers load up oversized shopping carts with bulk items at wholesale prices. Net profit was up by 8.9 For Big C, finance costs grew by 3.7

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Why Thailand’s HomePro is growing despite the stumbling economy

Inside Retail

Net profit increased by 6.3 Despite owning a couple of premier shopping malls in tourist locations, HomePro’s rental income actually fell in the first quarter, by 5.5 The government data says they aren’t and consumers say they are. per cent in the first quarter, bringing in 18.8 billion baht ($530 million). per cent to 1.7

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How HomePro aims to grow in Thailand’s fragmented DIY market 

Inside Retail

With the pandemic fading in the rearview mirror, inflation becoming more subdued and consumer confidence returning, the home improvement sector is heating up along with Thailand’s summer weather. Net profit came in at 1.6 In the first quarter of this year, total revenues for HomePro increased by 9.5 Revenues were 17.2

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