Tag: pwc

Retail Asia04/10/2022
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5min0
The so-called Big Four, Deloitte, Ernst & Young, KPMG, and PricewaterhouseCoopers, audit 40% of publicly traded companies in Vietnam. As of last year, Vietnam’s three stock markets, HoSE, HNX and UPCoM, had over 1,600 firms listed, and the four companies audited 664 of them. Their total revenues in 2021 were nearly VND3.76 trillion (US$160.2 million), […]

Retail Asia06/04/2022
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3min0
Many central banks have or plan to launch digital central bank money. A PwC study looks at the winners and losers. A study from PwC released Monday analyzing central banks’ level of maturity and development of their digital currencies (CBDCs), shows that Nigeria’s eNaira scores high in retail models, with Thailand the frontrunner among wholesale […]

Retail Asia17/09/2019
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2min0
Fashion retailer Zara has reassured customers that its decision to close its IFC mall store in Hong Kong on Monday was not related to protests currently taking place in the city. The statement emerged after social media users in Mainland China speculated that the store closures were a show of support for the demonstrators and […]

Retail Asia13/05/2019
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5min0
Vietnam has seen the highest growth in mobile payments in the past year, according to the Global Consumer Insights Survey 2019 conducted by PwC. The survey, which covered more than 21,000 respondents from 27 territories, showed that the percentage of consumers using these services in Vietnam increased to 61%, up from 37% in 2018. The […]

Retail Asia29/03/2019
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2min0
The number of Vietnamese people making mobile payments in stores this year has grown fastest globally by 24 percent. A survey by the audit, tax and consulting services provider PwC found 37 percent of the respondents making mobile payments in 2018, but it went to 61 percent this year, placing Vietnam fourth below China at […]

Retail Asia19/10/2018
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1min0
British clothing retailer Karen Millen has bought a stake in fashion label Coast following the brand’s administration by PwC. The purchasing company has agreed to take on Coast’s UK concessions portfolio and online businesses, saving 600 jobs in the ailing firm. It will be trading through cooperating wholesale and franchise businesses. Coast’s standalone stores were […]

Retail Asia27/08/2016
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8min0
Trends eventually stop being trendy and either disappear into obscurity or become part of everyday life. The trends which end up only being fads often come in with a bang and leave with a thud, leaving embarrassing photos and fashions in their wake. Remember those 80s hairstyles? The other trends — the ones that create […]

Retail Asia13/08/2016
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2min0
Flipkart-owned Indian online fashion company Myntra has added two international brands to its platform, Toms and Meters/Bonwe. This makes Myntra home to more than 30 global brands, says its head of international brands business, Gunjan Soni. US-based Toms is known for its footwear range while Chinese brand Meters/Bonwe focuses on fashion-forward styles for young men […]

Retail Asia21/06/2016
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2min0
With Asian retail sales projected to reach more than $10 trillion by 2018 – twice the figures for North America – trends and developments will be discussed at a three-day Bangkok retail show in August. Regional sales are projected to be the fastest worldwide over the next five years, and China is expected to overtake […]

Retail Asia21/04/2015
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7min
Italy’s Benetton Group has announced a US$1.1 million commitment to the Rana Plaza Trust Fund. But it wasn’t enough to end the criticism from the Clean Clothes Campaign which has for months singled Benetton out for failing to contribute to the fund. To end off the predictable salvo from CCC, Benetton engaged PwC to independently […]


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