Asia reopening boosts travel, fashion brands; pandemic winners take backseat


Source: causeaction.com causeaction.com

Key Topics in this News Article:

News Snapshot:

https://www.oann.com/asia-reopening-boosts-travel-fashion-brands-pandemic-winners-take-backseat/?utm_source=rss&utm_medium=rss&utm_campaign=asia-reopening-boosts-travel-fashion-brands-pandemic-winners-take-backseat FILE PHOTO: Qantas Airways QF100 flight, which marks the airline’s 100th birthday, departs from Sydney Airport to fly over Sydney Harbour in Australia, November 16, 2020. Gregg Porteous/Destination NSW/Handout via REUTERS October 28, 2021 By Sayantani Ghosh and Byron Kaye SINGAPORE/SYDNEY (Reuters) – Fashion brands and airlines are creeping back into investors’ good graces in Asia as lockdowns ease and vaccination rises, boosting travel and leisure activities, taking some shine off pandemic stalwarts such as supermarkets and gadget makers. Earnings report cards show that people are spending less time watching TV or shopping online for groceries as they resume...