In terms of regions, the strongest markets in 2022 were Europe, North America, and the Middle East, while the Greater China region was filled with uncertainty due to the COVID-19 pandemic.

Arnault has stated that the group will participate in the 6th China International Import Expo, which will be held in Shanghai from November 5th to 10th.

Through entering the diamond cultivation industry, China Gold aims to achieve a “two-pronged” approach with “gold + jewelry,” reducing the company’s reliance on gold product sales and hedging against operational risks.

Within just eight weeks, the brand’s e-commerce conversion rate has increased by 31%, revenue from search has grown by 74%, and per session value has improved by 26%.

With the acquisition of Celi, TISG has unlocked the opportunity to expand into non-industrial sectors such as high-end construction and luxury hotels. This move not only solidifies TISG’s position in the market but also presents new avenues for growth and profitability.

Samantha Thavasa has reported a net loss for seven consecutive fiscal years, as well as operating losses for four consecutive years, as of the fiscal year ending in February 2023.

Despite Wolford’s immediate corrective measures, such as cost-cutting, the loss situation in the first half of 2022 could not be fully alleviated.

HUGO BOSS, a fashion luxury group from Germany, showcased its two major brands, BOSS and HUGO, for the first time at the CIGGE.

According to the restructuring plan submitted by Pronovias to the Ninth Commercial Court of Barcelona, the company’s debt will be reduced from 385 million euros to 125 million euros.

Ermenegildo “Gildo” Zegna, Chairman and CEO of the Zegna Group, stated, “We started 2023 with an encouraging upswing led by further reopening in the Greater China Region following COVID-19-related restrictions.