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Supported by strong traffic conversion in the Chinese Mainland market, comparable sales in the Asia Pacific region achieved double-digit growth.
Growth across sub-regions and channels in the Asia-Pacific market was well balanced, with Greater China significantly outperforming the regional average.
Can a fine jewellery brand become one of the most fitting contemporary storytellers of cultural heritage? And how should a brand rooted in Eastern culture give back to this fertile aesthetic soil?
For the full fiscal year, sales in Greater China increased by 4%. In the second half, sales rose by 8%, offsetting the decline in the first half, while the fourth quarter recorded a 10% increase supported by domestic consumption.
Excluding Japan, the DTC business recorded growth across all regions, with North America and Latin America leading with double-digit increases.