Kering French luxury group Kering has appointed Mélanie […]

In 2023, Ellasay achieved a revenue of 29.2 billion yuan, an increase of 21.7% compared to the same period in 2022, and a growth of 23.4% compared to 2021, once again reaching a historic high.

Due to the underperformance of the IRO Paris brand’s overseas operations, the company plans to make a provision for impairment of nearly 100 million yuan.

The opening of new stores by the company has led to improved sales, and there has been some optimization in expense ratios.

The opening of new stores by the company has led to improved sales, and there has been some optimization in expense ratios.

After the financial report was released, as of the close of trading on April 28th, Ellassay’s stock price rose by 10% to 12.09 yuan per share, with a current market value of approximately 4.769 billion yuan.