ACES – Expects higher sales during Christmas and New Year Holidays

ACES – Expects higher sales during Christmas and New Year Holidays Aspirasi Hidup Indonesia (ACES) aims to strengthen its omnichannel marketing through ruparupa.com to drive sales during the Christmas and new year holidays. ACES will also enhance its product lineup in the market by launching a new brand early next year. Sales are expected to rise due to increased demand for home decor, household items, and gifts. Moreover, ACES opened 16 new stores in 2H24. Currently, ACES operates 243 stores across 74 cities in Indonesia and plans to expand into new regions, such as Parepare, South Sulawesi. Note that, ACES recorded sales of IDR6.2 tn (+13% yoy) and net profit of IDR574 bn (+18% yoy) in 9M24. (Source : Kontan)