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  • Moncler Soars High: Luxury Retailer Rides the Wave of Asia Market Expansion With Robust Sales Growth

    Moncler Soars High: Luxury Retailer Rides the Wave of Asia Market Expansion With Robust Sales Growth

    Luxury fashion retailer Moncler has reported a strong momentum in sales growth, driven predominantly by its expanding presence in Asia.

    Strong Performance Across Moncler and Stone Island Brands

    The first half of their financial year saw a significant rise in revenues across its Moncler and Stone Island brands, with increases of 9% and 11% respectively. This strong performance for both brands contributed to a combined first-half group revenue of $1.47 billion and earnings before interest of $280 million.

    Remo Ruffini, Moncler’s Executive Chairman, is of the view that the group’s resilience stems not solely from its ability to swiftly adjust to changes, but also from staying true to its identity and maintaining close ties with the communities they serve. “In the first half of the year we delivered solid growth and profitability across both our brands, staying focused on our products, the creativity that characterizes our brands and the collective energy we share with our audiences,” he said.

    Moncler’s Rapid Growth in Asia

    Asia has proven to be the fastest-growing market for Moncler Group, now representing 54.4% of total sales. In comparison, the share of sales in Europe, the Middle East, Africa, and the Americas has seen a decline.

    Ruffini added that the group is continuously seeking innovative ways to remain relevant throughout the year, beyond the core season. Despite the complex and unpredictable operating environment, he believes these challenging times test their ability to be sharper, bolder, while maintaining discipline and staying grounded. “We approach the second half of the year and the opportunities ahead with this same spirit, and with a clear sense of direction,” he concluded.

    Questions & Answers

    What has driven Moncler’s recent sales growth?
    Moncler’s sales growth was primarily driven by its expansion in Asia, contributing to 54.4% of total sales.

    How did Moncler and Stone Island brands perform in the first half of the year?
    Both brands showed significant growth with their revenues increasing by 9% and 11% respectively, leading to a combined first-half group revenue of $1.47 billion.

    What strategy does Moncler implement to stay competitive in the market?
    Moncler strives to remain relevant throughout the year by continuously seeking innovative ways to engage audiences, focusing on their products and the creativity that characterizes their brands while staying true to their identity and maintaining close ties with the communities they serve.

  • A2 Milk Company Rides High on Double-digit Growth in China, US Markets: A Peek Inside the Success Story

    A2 Milk Company Rides High on Double-digit Growth in China, US Markets: A Peek Inside the Success Story

    The A2 Milk Company has announced robust sales growth in the double digits for the first half of the fiscal year. This growth has been driven largely by the company’s strong performance in both the China and US markets.

    Revenue for the six-month period ending December 31 grew by 18.8% to reach NZ$993.5 million ($845 million). This growth spanned all segments and product categories.

    Strong Market Performance in Asia and the US

    In the “China & other Asia” segment, sales saw an increase of 20.3%, spurred primarily by the growth of English label Infant Milk Formula (IMF) and other nutritional products. Meanwhile, the US segment experienced a considerable surge, with growth registering at 29.1%, thanks largely to the success of its core and Grassfed liquid milk products.

    The ANZ region also experienced an increase, albeit a more modest one, with a growth rate of 8.8%. This was mainly driven by the growth of Australian liquid milk. Daigou channel sales within this region appear to have stabilized.

    Growth across Various Product Categories

    When considering sales by category, total IMF sales experienced a growth of 13.6%. This has been attributed to the strong health of the brand and effective sales execution. English label revenue saw a sizeable growth of 20.9%, driven by the company’s performance within the CBEC and O2O channels.

    Sales of China-label products also saw a rise, with a growth rate of 6.5%. In addition, liquid milk sales grew by 18.5%. Other nutritional products saw a significant surge of 42.9%. This increase was largely due to growing contributions from children’s and seniors’ fortified milk powder products.

    In terms of earnings, EBITDA increased by 18.4% to reach NZ$155.0 million, while the EBITDA margin remained steady at 15.6%. NPAT from continuing operations saw an increase of 9.4% to reach NZ$112.1 million.

    Recent Transactions and Partnerships

    In August, the company made the announcement that it had acquired a fully integrated nutritional manufacturing facility in Pokeno. Additionally, it disclosed the divestment of MVM in an effort to optimize its asset footprint and financial performance. Both transactions were carried out during the half.

    The company also signed a long-term agreement with Fonterra for the supply of A1 protein-free milk from the North Island in New Zealand.

    A2 Milk has revised its outlook for the full year, anticipating revenue growth in the mid double digits and an EBITDA margin of approximately 15.5-16%.

    Questions & Answers

    What drove the growth of A2 Milk Company in the first half of the fiscal year?
    The growth was driven by a strong performance in the China and US markets across all segments and product categories.

    Which product categories experienced the most significant growth?
    Other nutritional products saw the most significant surge of 42.9%, with growing contributions from children’s and seniors’ fortified milk powder products.

    What does A2 Milk anticipate for its full-year outlook?
    The company expects mid double-digit revenue growth and an EBITDA margin of approximately 15.5-16%.

  • J&T Express Rides Southeast Asia Wave, Achieves 23% YoY Surge In Q3 Parcel Volume

    J&T Express Rides Southeast Asia Wave, Achieves 23% YoY Surge In Q3 Parcel Volume

    Global logistics service provider, J&T Global Express Limited, has released its operational data for Q3 of 2025. The company witnessed a year-on-year growth of 23.1% as of September 30, 2025, accumulating a total parcel volume of approximately 7.68 billion. The average daily parcel volume stood at 83.4 million, with all primary markets seeing double-digit growth. The most significant expansion was witnessed in Southeast Asia and new markets.

    Impressive Growth in Southeast Asia

    As the top express delivery company in Southeast Asia by market share, J&T sustained significant growth momentum throughout the third quarter in the region. The parcel volume in Southeast Asia escalated to 2.00 billion, marking a staggering 78.7% increase year-on-year. The average daily parcel volume in the region was recorded as 21.7 million. The company saw an increase in the number of outlets in the region, reaching 10,700 at the end of September 2025 — a rise of 900 compared to the end of the year 2024. The increase in parcel volume also stimulated higher demand for line-haul capacity, resulting in the number of line-haul vehicles in Southeast Asia rising to 5,500 in the third quarter, a jump of 900 from the end of 2024.

    Positive Performance in China and New Markets

    Despite fierce competition in China, J&T managed to maintain a healthy double-digit year-on-year growth rate of 10.4% in Q3. The parcel volume reached 5.58 billion, with an average daily parcel volume of 60.6 million. In the case of new markets, including Saudi Arabia, the UAE, Mexico, Brazil, and Egypt, J&T’s parcel volume for the third quarter clocked in at 104 million, a robust year-on-year surge of 47.9%. The average daily parcel volume in these markets was 1.13 million.

    Questions & Answers

    What was J&T Global Express Limited’s total parcel volume for Q3 of 2025?
    The company experienced a total parcel volume of approximately 7.68 billion.

    How much did the parcel volume grow in Southeast Asia?
    The parcel volume in Southeast Asia reached 2.00 billion, marking an impressive year-on-year growth of 78.7%.

    What was the year-on-year growth in new markets?
    In new markets, J&T’s parcel volume for the third quarter saw a robust year-on-year surge of 47.9%, reaching 104 million.

  • Ride-Hailing App Cabify Raises $110 Million For Expansion In Latam, Spain

    Ride-Hailing App Cabify Raises $110 Million For Expansion In Latam, Spain

    The company said on Tuesday that the Spanish ride-hailing app Cabify has raised $110 million in financing to accelerate its growth in Latin America and Spain.

    Cabify closed the funding round with participation from investors like Orilla Asset Management and AXIS, through Fond-ICO Next Tech.

    “This commitment by strategic investors is a recognition of Cabify’s positive impact and potential to continue creating long-term value for our investors and the cities in which we operate,” Cabify CEO Juan de Antonio said a statement.

    Cabify, whose business volume jumped 32% in 2022 from the previous year, said the capital injection will help increase its market share in more than 25 cities in Latin America and Spain with populations over 200,000.

    The company, which operates in more than 40 cities in Argentina, Chile, Colombia, Mexico, Peru, Uruguay and Spain, said in November it would invest more than $300 million through 2024 to strengthen its presence in Latin America.

    In December Cabify secured a 40 million euro loan from the European Investment Bank aimed at purchasing electric vehicles. The company aims for all rides through its app to be in zero-emission vehicles by 2025 in Spain and by 2030 in Latin America.

    With over 42 million registered users and 1.2 million drivers, Cabify employees over 1,000 people in Spain and Latin America.

  • Suzuki, Mazda, Subaru Join Toyota-Softbank Self-Drive Venture

    Suzuki, Mazda, Subaru Join Toyota-Softbank Self-Drive Venture

    Five Japanese automakers including Suzuki Motor Corp and Mazda Motor Corp said they would each invest 2 percent in the on-demand, self-driving car service venture set up by SoftBank Corp and Toyota Motor Corp. Suzuki, Mazda, Subaru Corp, Isuzu Motors Ltd and Toyota’s compact car unit Daihatsu will each invest 57.1 million yen ($530,620) in the venture – dubbed Monet – in return for a 2 percent stake, the companies said in a statement.

    SoftBank and Toyota will each retain their 35% stakes in the company, which is now capitalized at $26.6 million. The latest investors join Honda Motor Co Ltd and Hino Motors Ltd, Toyota’s truck-making operations, which each own 10 percent stakes. Launched in October, the venture plans to roll out on-demand bus and car services in Japan in the next year, and a services platform for electric vehicles in the country as early as 2023 based on Toyota’s boxy “e-palette” multi-purpose vehicle.

    Monet is building up members as it joins the ride-sharing sphere which is dominated by startups such as Uber Technologies Inc, Didi Chuxing and Lyft Inc, as traditional automakers band together to compete in an industry which is placing a growing emphasis on offering vehicle services rather than selling cars to individual drivers.

    Automakers are increasingly joining forces with technology companies as well as each other as they grapple with the massive investment and software expertise required to develop these new services for which demand has yet to be tested. The new investment will see Suzuki, Mazda and Subaru deepen their partnership with Toyota, as they have already agreed to tap the R&D firepower of Japan’s biggest automaker for electric cars and other future vehicle technologies.

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