Topspin made headlines in 2021 with its acquisition of Mission, the sportswear and accessory company co-founded by tennis star Serena Williams, younger sister of Venus Williams.
In 2022, Lao Feng Xiang achieved a whopping revenue of 63.01 billion yuan, marking a remarkable 7.36% increase year-on-year.
Circular fashion startup Circ raised almost $9 million in a Series A funding round in 2020, followed by a $30 million Series B round in July 2021, as the company continues to use patented technology to recycle fashion waste and reduce the demand for virgin clothing materials.
Huali Industrial Group sold a total of 221 million pairs of sneakers, an increase of 4.65% year-on-year; operating revenue was RMB 20.57 billion.
The repurchased shares will be canceled.
Live Tinted is the first South Asian brand to be sold at Ulta Beauty and is the fastest-growing beauty brand in the latter’s Sparked program.
Moncler Group achieves a remarkable 25% year-over-year increase in sales, reaching €2.6 billion in 2022, with both of its major brands hitting record highs.
K11’s footprint will cover 11 key cities in the Greater China region, with a total of 39 projects.
The number of member accounts that made annual purchases exceeding 5,000 yuan exceeded 220,000, with their total retail spending reaching 2.93 billion yuan, contributing more than half of the total retail sales of offline channels.
The brand has already entered overseas markets such as Japan, South Korea, Singapore, the United States, Australia, New Zealand, and the UK.
