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Tag: november

  • OMG Group Shatters Sales Record: Stellar November Performance Bolsters Year of Phenomenal Growth

    OMG Group Shatters Sales Record: Stellar November Performance Bolsters Year of Phenomenal Growth

    In November, Australian health and wellness firm OMG Group reported its highest sales ever, surpassing the previous monthly revenue record by 20% with $720,000 in sales. This figure represents a 40% increase in sales compared to the same period in the previous year. According to OMG Group, this growth can be attributed to the expansion of their physical distribution networks and e-commerce channels. Blue Dinosaur and Oat Milk Goodness are among the company’s portfolio brands.

    Financial Year Sales

    In the financial year which ended on June 30, OMG Group achieved sales of $2.65 million, marking a 68% increase from the same period the previous year. On Black Friday, sales from Blue Dinosaur, one of the company’s brands, surpassed $318,000. This is the second-highest e-commerce total in the brand’s history and represents a 56% increase year-on-year.

    Future Growth Projections

    OMG Group is optimistic that this growth momentum will carry on through the Christmas period, following its ‘Summer of Cricket’ marketing campaign. The company believes this campaign presents a unique opportunity to leverage its market position. Furthermore, following the rise in sales across Woolworths stores, OMG Group is actively exploring opportunities to extend its physical stocking agreements to petrol and convenience stores across Australia.

    CEO’s Statement

    Alex Aleksic, the CEO of OMG Group, expressed his enthusiasm about the company’s performance. He said, “Announcing another record monthly sales result ahead of a potentially high-demand summer period is a clear demonstration of the robustness of our multi-channel brand portfolio.” Aleksic added that alongside the increasing momentum with major Australian retail partners, the company’s e-commerce business is generating over $2 million of annual turnover and is consistently on a growth path.

    Questions & Answers

    What were OMG Group’s sales in November?
    OMG Group’s November sales were its highest ever, with $720,000 in sales, surpassing its previous monthly revenue record by 20%.

    What is the projected growth for OMG Group?
    The Company expects to maintain its positive growth momentum through the Christmas period and beyond. This optimism is fueled by the success of its ‘Summer of Cricket’ marketing campaign and plans to expand its physical distribution networks.

    What is the status of OMG Group’s e-commerce business?
    OMG Group’s e-commerce business is generating over $2 million of annual turnover and continues to grow consistently. This growth is driven by the success of portfolio brands such as Blue Dinosaur.

  • Black Eyed Peas Announce Grand Return To Hong Kong After Two Decades

    Black Eyed Peas Announce Grand Return To Hong Kong After Two Decades

    Mark the 19th of November on your calendars, as the Grammy-winning R&B, hip-hop, and pop sensation, The Black Eyed Peas, are set to make a grand return to Hong Kong. The concert will take place at AXA Wonderland in West Kowloon.

    Back After Twenty Years

    Almost two decades have passed since The Black Eyed Peas last performed in Hong Kong, their memorable show taking place at the AsiaWorld-Expo. Fans can anticipate an energizing blend of fresh tracks and some of the band’s most recognizable chart-topping hits. Many will be hoping for renditions of popular songs such as ‘Where Is the Love?’, ‘I Gotta Feeling’, ‘Pump It’, ‘Boom Boom Pow’, and ‘Let’s Get It Started’, and would undoubtedly be ready to dance along if they played.

    The Current Formation

    The current line-up for The Black Eyed Peas includes will.i.am, apl.de.ap, and Taboo. The group’s vocal duties have been taken over by the Filipino-American singer, J. Rey Soul, after the departure of Fergie in 2018. While fans may miss Fergie’s distinctive vocals, they can still look forward to a nostalgic night filled with singing along to their favorite tunes from the 2000s and dancing like it’s 2005.

    Tickets and Pricing

    There’s currently no word on when tickets will go on sale or what the pricing tiers might be. Keep an eye out for further details!

    Questions & Answers

    When is The Black Eyed Peas’ concert in Hong Kong?
    The concert is scheduled for the 19th of November.

    Who are the current members of The Black Eyed Peas?
    The current formation of the group includes will.i.am, apl.de.ap, Taboo, and J. Rey Soul.

    What can fans expect from the concert?
    Fans can look forward to a nostalgic evening featuring a mix of new material and some of the band’s most popular chart-topping hits.

  • November auto sales dip after four months of growth

    November auto sales dip after four months of growth

    November auto sales posted a decline from October after four consecutive months of growth, but sales for the year so far still achieved double-digit growth.

    It was reported that 36,371 units were sold among members of the Vietnam Automobile Manufacturers Association (VAMA) last month, down 0.51% from the previous month.

    In the first 11 months, sales climbed 43% year-on-year to 369,334 units.

    Truong Hai Auto Corporation (Thaco) led with 123,140 units sold, up 38% year-on-year.

    The company was followed by Toyota, with 81,491 units, and Mitsubishi, 36,805 units.

    Honda and Ford rounded off the top five.

    Last month automaker VinFast shipped its first batch of 999 electric cars to the U.S.

    The company expects to sell 750,000 electric vehicles annually by 2026.

  • November auto sales rise to year high as government halves registration fee

    November auto sales rise to year high as government halves registration fee

    November saw the highest monthly auto sales this year of 38,656 units as a discount in registration fees sent buyers scrambling to dealers’.

    The figure represented a 30 percent rise from October and a 6 percent increase year-on-year, according to the Vietnam Automobile Manufacturers Association.

    The government cut registration fees for locally produced cars by 50 percent for six months starting December 1.

    November was the third month in a row in which auto sales rose after five months of declines between April and August as the fourth wave of Covid-19 hit sales.

    In the first 11 months of this year, 257,390 units were sold, a 3 percent rise.

    Thaco, an assembler of Mazda and Peugeot led with 88,967 units, up 5 percent, followed by Toyota with 55,109 units, down 7 percent, and Mitsubishi, Ford, and Honda made up the top five.

    Last year sales fell by 8 percent to 296,634 units as the Covid-19 pandemic hit the economy, people’s incomes, and discretionary spending.

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  • November auto sales achieve year record

    November auto sales achieve year record

    Auto sales in November hit 36,359 units, the highest monthly number this year as Vietnam continues to contain Covid-19.

    The figure exceeded that of last year by 22 percent, making November the third month to record year-on-year growth in 2020 after February and October as Covid-19 caused sales to slump in other months, according to data from Vietnam Automobile Manufacturers Association (VAMA).

    Passenger cars accounted for 79 percent of sales, commercial vehicles nearly 20 percent, and special-purpose vehicles for the rest, data shows.

    However, auto sales in the first 11 months still fell nearly 14 percent year-on-year due to deep plunges recorded in April and August after two major Covid-19 outbreaks.

    Local brand Truong Hai Auto (Thaco) retained the top spot in the first 11 months with a 35.5 percent share of the market as sales rose two percent to 84,858 units.

    It was followed by Toyota with 59,394 units, down 16 percent and Mitsubishi with 24,387 units, down nine percent. Ford and Honda rounded off the top five.

    Last year, auto sales had risen 11.7 percent from 2018 to 322,322 units, according to VAMA.

  • November auto sales up 3 percent

    November auto sales up 3 percent

    Vietnam’s total vehicle sales increased 3 percent to 29,846 units in November from the previous month, according to the Vietnam Automobile Manufacturers’ Association (VAMA).

    Auto sales are monitored by VAMA, an association of all manufacturers in Vietnam except Hyundai TC. Including the 7,592 units sold by Huyndai, total sales rose to 35,638 vehicles.

    The most popular models sold this month were the Mitsubishi Xpander SUV, Toyota VIOS sedan, and Huyndai Accent sedan, each selling over 1,900 units, combined statistics from VAMA and Hyundai show.

    Domestic carmaker Truong Hai Auto (Thaco) retained the top in November, accounting for 28.6 percent of sales by all VAMA members. Trucks and sedans made up most of its sales.

    Toyota Motor Corp. retained its second spot, with 23.6 percent, followed by Mitsubishi and Honda, with 13.4 percent and 10.9 percent respectively.

    According to VAMA, 22,312 units sold in November were passenger cars (up 4 percent over October), 7,203 units were commercial vehicles (down 0.3 percent) and 331 units were special-purpose vehicles (up 9 percent). Total car sales last month fell 3 percent over the same month of 2018.

    Vietnam saw car sales of 289,128 units between January and November, up 14 percent over the same period last year.

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  • South Korean retail sales rise strongly in November

    South Korean retail sales rise strongly in November

    Online shopping during the month of November has driven a 4.6 per cent increase in South Korean retail sales compared to the same period in the previous year, according to government data. Ministry of Trade, Industry and Energy figures showed a 12.7 per cent year-on-year growth in online sales alongside a 0.5 per cent drop in offline retail during the month.

    Convenience stores, chain supermarkets and super supermarket sales showed positive growth, while large discount outlets and department stores saw declines of 2.8 per cent and 3.9 per cent respectively.

    Online sales in November were largely propped up by e-commerce shopping festivals in China and the US during the period.

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  • Hong Kong November retail sales almost stagnant

    Hong Kong November retail sales almost stagnant

    The growth of Hong Kong retail sales in November slowed to a crawl according to Census and Statistics Department figures just released. After a 6 per cent year-on-year increase in October, the value of sales in November rose just 1.4 per cent to an estimated HK$39.2 billion. That is well below the 9.7 per cent year-to-date rise for the first 11 months of the year.

    And after netting out the effect of price changes over the same period, Hong Kong retail sales in November rose by just 1.2 per cent year on year.

    A spokesman for the C&SD said the “generally moderated growth in retail sales in recent months” reflected more cautious consumption sentiment in the face of various external uncertainties such as the US-Mainland trade tensions and volatilities in the global financial markets.

    “Looking forward, while the favourable local job and income conditions and continued expansion in inbound tourism should still provide some support to the retail sector in the near term, consumer sentiment could be affected by weaker asset prices and the external uncertainties.”

    The overall figure was affected by soft sales of the key jewellery and watches category, down by 3.9 per cent, and of electronics, down by 4.9 per cent. Clothing sales fell by 3.6 per cent.

    Countering those falls were department store turnover, up 3.9 per cent; medicines and cosmetics up 10.1 per cent; food, alcoholic drinks and tobacco up 1.9 per cent; and other consumer goods, not elsewhere classified by 14.3 per cent. Optical store sales rose by 5.4 per cent and books and stationery by 6. 2 per cent.

    Quarter on quarter, Hong Kong retail sales receded during the three months to November by 2.7 per cent, compared with the preceding three months, with the volume of sales (after factoring in inflation) falling 1.8 per cent.

    For the first 11 months of last year, the volume of retail sales increased by 8.4 per cent.

  • November inflation seen easing to 0.5%

    November inflation seen easing to 0.5%

    Malaysia’s consumer price index (CPI) is expected to rise 0.5% in November from a year earlier, a Reuters poll showed, marginally slower than the previous month amid lower transport prices. Inflation has been mild since the government removed an unpopular consumption tax in June and reinstated a narrower sales and services tax (SST) three months later.

    The annual inflation rate was 0.6% in October. It has been rising after hitting a three-and-a-half year low of 0.2% in August.

    Economists expect any pickup in inflation due to the reintroduction of SST to be muted, softened further by the government’s decision to fix pump prices for premium RON95 petrol for the rest of the year.

    Last month, Malaysia’s central bank said inflation had been largely benign in the third quarter, but was expected to edge upwards the rest of the year and into 2019.

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