In late April, the Italian luxury group Ermenegildo Zeg […]

Swire Properties stated its goal of doubling the total floor area in mainland China by 2032.

“Reviving Gucci’s growth momentum is a top priority for Kering in the short term.”

Shenzhen, one of China’s most developed cities, is known for its high-intensity, fast-paced lifestyle, which has spurred a strong need among its residents to relieve stress through “consumption.” The city is densely populated with high-income individuals, which not only favors fashion luxury goods but also makes high-end experiential consumption and social activities particularly popular there.

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.

In March and April 2024, Luxe.CO Intelligence covered a total of 671 brand activities of 464 sports and outdoor brands in the Chinese market.

Following the “FILA GOLF Versailles Show” in France, the facade of the world’s first FILA ICONA flagship store in Beijing’s Sanlitun underwent a significant renovation.

Zhuji, Zhejiang, is a renowned hub for freshwater pearl industry, handling 75% of the world’s freshwater pearl production.

It’s worth noting that in 2023, Yatsen Holding’s annual R&D expenses amounted to 110 million yuan, with the annual R&D expenditure ratio increasing from 2.4% in 2021 to 3.3%.

Youngor has increased its investment in the fashion industry while reducing investments in other unrelated industries, making its focus more defined!