In the first nine months, adjusted EBITDA rose 7% year-on-year to €173.6 million (approx. USD 188.3 million), with an EBITDA margin of 33.6%.
As Chinese consumers cautiously reengage with the luxury market, major brands are targeting high-income groups with strong economic resilience, centering their strategies around unique and personalized experiences.
LVMH French luxury conglomerate LVMH has announced that […]
Chinese consumers are shifting from “product consumption” to “experiential consumption,” with a growing willingness to spend domestically.
Supergoop! U.S. sunscreen skincare brand Supergoop! has […]
In the first half of the fiscal year, Chow Tai Fook Group’s revenue edged down 1.1% year-on-year to HKD 38.986 billion [USD 5.00 billion].
Adidas is to strengthen its €80–100 product line in the Chinese Market.
High-end consumption in China remains resilient, but middle-class and entry-level spending have yet to recover.
Arc’teryx’s sales trend in China was indeed somewhat sluggish at the beginning of the fourth quarter, but as the weather turned colder, sales have rebounded.
ACG, Norrøna, Rapha, CRISPI, and Smartwool Open Their First Stores in the Chinese Mainland.