Coty’s Chairman, Peter Harf, stated, “Paris is the historic home of beauty, and the industry still holds a special attraction for investors there.”

Shanghai Jahwa has completed another acquisition of a maternal and child company.

Estée Lauder stated that although there has been an increase in foot traffic in major shopping areas such as China’s Hainan Island and Korea, consumer spending on luxury beauty products has lagged behind.

Biemlfdlkk’s Q1 operating revenue increased by 33.13% year-on-year to RMB 1.079 billion, and the net profit attributable to shareholders of the listed company increased by 41.36% year-on-year to RMB 300 million.

Nivea and the Derma division performed well, achieving growth of 18% and 26.9%, respectively.

The Japanese and French luxury skincare brand EDB, which was acquired by S’Young, generated nearly 100 million yuan in revenue over five months since the acquisition.

Hugo Boss’s sales in China were far higher than the same period last year, with a growth of 25% adjusted for exchange rates.

In 2022, Intersport France’s sales increased by 16.1% to 3.26 billion euros. Group leader Jacky Rihouet has promised to invest nearly 150 million euros in helping Go Sport get back on track within 7-8 years.

Benefiting from positive pricing strategies and product portfolio, as well as a decrease in transportation and energy costs, the group’s gross margin significantly increased to 58.4% in the first quarter.

Karl Lagerfeld once stated, “I have designed the entire hotel. It’s the first time for me. I think it’s a great idea.”