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

Retail TouchPoints

SHEIN has officially launched its Europe, Middle East and Africa (EMEA) headquarters in Dublin City Centre, Ireland and is planning to host approximately 30 pop-up store events across the region this year to boost its profile with customers. The news comes as fellow Asia-based discount shopping app Temu picks up steam in the U.S.,

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Why Thailand’s HomePro is growing despite the stumbling economy

Inside Retail

Net profit increased by 6.3 The company plans to open another nine by the end of this year. After suffering a year-on-year revenue decline in the fourth quarter, HomePro recovered somewhat and enjoyed revenue growth of 2.9 per cent in the first quarter, bringing in 18.8 billion baht ($530 million). per cent to 1.7

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Why Thailand’s rainy season is a double-edged sword for its DIY chains

Inside Retail

The growth was partly assisted by the opening of eight net new stores since mid-2022, and five more are planned for the second half of this year. Net profit for the first half was up 6.6 Net profit was 1.6 These results have not deterred the company from its expansion plans. billion baht (US$1.1

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12 Accounting Mistakes New Business Owners Often Make

Small Biz Trends

. “Pay attention to actual profit and cash flow. net profit to the company can be very different from revenue coming in the door.” If you’re unsure how something should be classified, it may be time to call a professional accountant to help keep your finances on track.”

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Margin vs Markup. What is the Difference?

Retail Bound

Gross profit = (Total Sales – Cost of Goods Sold) Net profit – Measures the profitability after accounting for all business operational expenses. If the business makes more than it spends, it is a net profit. If it makes less, that is a net loss. The post Margin vs Markup. What is the Difference?

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

Inside Retail

Seven more stores are planned for opening this year. Net profit came in at 1.6 Its bottom line is, however, not immune to cost pressures such as the rising interest rates that have driven up its financing costs a staggering 42 per cent in the first quarter of this year compared with a year ago. Revenues were 17.2

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