In today’s briefing:
- Jade Hopes for Growth Through Reebok as Locondo Slows
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Jade Hopes for Growth Through Reebok as Locondo Slows
- Gaining sufficient scale to get out of the shadow of the Big 3 online malls in Japan is providing tough for Jade Group (3558 JP)’s Locondo.
- The number of active users on Locondo has fallen in recent quarters, causing concern for merchants and investors alike.
- Jade Group, is hoping that sales of major brands like Reebok will attract more users while also bringing higher levels of growth.