The strong performance of the DTC channel in the Chinese Mainland reflects robust consumer demand and deep resonance with the brand’s seasonal products.
Adidas maintains its initial full-year outlook, expecting operating profit between €1.7 billion and €1.8 billion.
Lao Pu Gold’s revenue for the first half of 2025 is estimated to be approximately RMB 12 billion to RMB 12.5 billion (USD 1.65 billion to USD 1.72 billion), representing a year-on-year increase of around 241% to 255%.
“LVMH showed solidity in the current context.”
The overall performance for the first half of the year remained relatively stable, with a year-on-year decline of 0.1% to CHF 13 billion (approx. USD 14.82 billion).
“We remain highly optimistic about the high growth potential of the Chinese market, and while maintaining the brand’s absolute exclusivity, we plan to further enhance our market influence.”
In the Chinese Mainland market, both revenue and profit recorded growth.
251 suppliers are located in the Chinese Mainland, accounting for 17% of the total.
Lululemon hosted the largest yoga community event in Beijing since its entry into China, with over 5,000 participants in attendance.
In 2024, LABUBU became a global sensation, driving revenue from The Monsters series to surge by 726.6% year-on-year and surpass RMB 3 billion [approximately USD 414.5 million], making it the group’s largest IP.