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.”

All Dr. Barbara Sturm products are made in Germany, with prices ranging from $35 for scalp serum to $850 for men’s anti-aging sets. Dr. Sturm aims to provide hydration and rejuvenation services for people of all ages and skin types, and her products are highly praised for improving skin problems such as wrinkles and enlarged pores.

Currently, the Japanese tourism industry is shifting towards wealthier clientele because they are more willing to spend on high-end luxury goods and services.

In 2021, Koio’s sales grew by 50%, and in 2022, the company recorded another 50% growth.

Ceremonia will use this funding to expand its presence in Sephora stores across the US and plans to open a flagship store in New York City this summer.