Group CFO, “Despite mixed overall consumer sentiment in China, the brand’s performance in the market remains solid.”
Sales in Asia excluding Japan rose 26.2% year-on-year to JPY 40.931 billion (approx. USD 270.5 million), with both the Chinese Mainland and Taiwan markets showing growth.
Ralph Lauren’s second-quarter results exceeded expectations across all regions, channels, and consumer segments.
All product categories and regional markets recorded net sales growth, with particularly outstanding performance from Sports Style and Onitsuka Tiger.
Net sales rose 24.9% year-on-year to CHF 794.4 million (up 34.5% at constant currency), while net profit surged 289.8% to CHF 118.9 million—both setting all-time highs.
Before the U.S. market opened on October 30 (ET), Ameri […]
Based on 2024 sales revenue, Bama Tea Co. Ltd. ranked first in the high-end tea market in the Chinese Mainland, with a market share of approximately 1.7%.
In the first nine months of this year, Ferragamo Group reported total revenue of €695 million, representing a year-on-year decline of 4.5% at constant exchange rates and a 6.6% decline at current exchange rates.
Hermès, “We will also be opening another store in China. This is a market where we are investing heavily.”
The Adidas brand achieved 12% growth, with total revenue reaching €6.63 billion (approximately USD 7.02 billion), marking the highest quarterly revenue in the company’s history.