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.

The Cartier Into The Wild exhibition will be open to the public from Thursday, April 20th to Friday, May 21st.

According to the terms of the transaction, WHP Global will acquire the Bonobos brand for $50 million, while EXPR will acquire Bonobos’ operating assets for $25 million and assume related liabilities.