After the financial report was released, as of the close on February 8, Ralph Lauren’s stock price surged by 16.77% to a near 9-year high of $171.82 per share.
In 2023, Hilton opened its 600th hotel in the Greater China region, the Hilton Nanjing Niushoushan, marking a milestone that signifies Hilton’s strong influence in the Greater China region.
Under the impetus of Prada and Armani brands, the licensed brand business achieved a growth of 10-20%.
In terms of mainland China operations, during the fiscal year 2023, Shiseido Group is transitioning from a growth model primarily driven by large-scale promotions to a more sustainable growth model, focusing on value-based brand and product communication to meet consumer demands.
In the fourth quarter, the RevPAR in the Greater China region surged by 87.4% compared to the same period last year, marking the most robust growth among all markets.
French luxury giant Hermès is expanding its store in on […]
Currently more than 90% of Chinese customers’ spending occurs in Greater China and more than 80% in mainland China.
The Group announced a further expansion of its profit recovery plan with a restructuring plan.
On February 9, 2024, L’Oréal Group, the French be […]
Luxeplace.com has selected ten luxury brands’ New Year short films, showcasing how these brands explore and interpret local culture as the Year of the Dragon arrives in the Jiachen year.