Global net new customers exceeded 3.7 million, with the number of Generation Z consumers increasing significantly year on year.
For the full fiscal year 2025, net sales increased by 5% year-on-year on both a reported and constant currency basis to USD 7.01 billion.
Tapestry Group’s fiscal year 2024 sales revenue grew by 1% on a constant currency basis, with Coach’s sales surpassing $5 billion for the first time, setting a new record.
Shenzhou International The board of directors of Shenzh […]
The group is confident about the acquisition of Capri and is committed to actively addressing the lawsuit filed by the Federal Trade Commission, striving to complete the acquisition transaction by 2024.
In the Chinese market, the Coach brand currently occupies a unique niche that is distinct from traditional European luxury brands, and this gap is unprecedentedly large.
Although the travel expenditures of mainland Chinese tourists continue to rise, they remain below the pre-pandemic levels.
In the first quarter, adjusted diluted earnings per share increased by 18% year-on-year to $0.93, surpassing analysts’ expectations of $0.90.
During the third quarter of the fiscal year 2023, ending on April 1st, the Greater China region recorded a growth of approximately 20%, exceeding expectations.
In 2022, Luxe.CO’s Personnel Trends column recorded a total of 29 fashion and luxury brands that had announced changes to their creative directors. Among them, 27 companies have newcomers in place, and 2 companies have left the spot vacant. From this, we have observed 5 important trends.