Li-Ning Company and Mr. Li Ning will jointly hold 55% of the shares, while HongShan will hold 45%.

Chinese sports giant Anta Group (02020.HK) released its latest operational performance for the third quarter of 2024.

Following this acquisition, SYoung Group’s portfolio of luxury beauty brands has expanded to three.

China remains a key strategic market for the Italian furniture industry, ranking as the eighth-largest export destination in Italy’s wooden furniture supply chain.

Bosideng will become a key investor in Moose Knuckles, while Cathay Capital remains the controlling shareholder of Moose Knuckles.

Angela Dong will also serve as the Global CEO of Nike’s outdoor sub-brand ACG.

In 2022, Chantecaille was acquired by Germany’s Beiersdorf Group, becoming part of the company’s luxury division alongside the Swiss brand La Prairie.

Eight Chinese designer brands took part in the Paris Fashion Week for Spring/Summer 2025. These eight brands are: Caroline Hu, Dawei, Didu, RUIbuilt, Ruohan, Shiatzy Chen, Shuting Qiu, and Uma Wang (listed alphabetically).

This move marks Bucherer’s first expansion since being acquired by Rolex in 2023 and signifies a shift in Rolex’s previous strategy of relying on authorized dealers to manage the Chinese Mainland market.

On September 27, at the second “International Sports Fashion Conference” during the 2024 Xiamen International Fashion Week, Wang Qiong, Senior Vice President of Luxe.CO and Director of Luxe.CO Intelligence, shared the newly released “Sports and Outdoors Brand Power Rankings” by Luxe.CO offline for the first time. This significant ranking was launched in September this year.