“In 2025, China will be a primary focus for new store expansion in our international markets.”

In the first half of 2025, Sephora’s Beijing and Shanghai entities posted a combined net loss of RMB 120 million [approx. USD 16.5 million].

Adjusted EBITDA loss widened to €52 million (approximately USD 56.5 million).

James Zheng stated: “A high-quality retail network is far more important for long-term success than pursuing rapid expansion.”

The core drivers behind Anta Group’s high-quality growth stem from increasingly refined performance across three dimensions: multi-brand synergy, retail operations, and globalization.

On August 15, Danish jewelry brand Pandora released its […]

Since publicly available records began in the first quarter of 2023, Amer Sports has consistently recorded revenue growth of over 40% in the Chinese Mainland.

Brunello Cucinelli: “We don’t want to open stores blindly in China. We’re not looking to achieve 15%–20% growth through China. We don’t want to be acquired by anyone. We want balanced growth.”

Before the opening bell on July 30 (ET), Italian luxury […]

Plush products became a phenomenal hit, with their share of total revenue surging from 9.8% in the same period last year to 44.2%, surpassing collectible figures to become the Group’s largest product category.