In 2024, Youngor exited the real estate sector it had operated in for over 30 years and committed fully to the development of the fashion industry.

On April 22, Pop Mart’s closing price reached a record high, bringing its total market capitalization to HKD 236.2 billion (approximately USD 30.2 billion).

China Resources Land expects the number of operating shopping malls to increase to 116 by the end of 2028.

In 2024, Maogeping added new overseas distributors, including Sephora Hong Kong Cosmetics Co., Ltd.

After two consecutive months of gains at the start of the year, the Luxe.Co Luxury Industry Stock Index plunged, falling from 265.5 to 231.3—a decline of 12.9%—returning to the sluggish level seen at the end of last year.

In 2024, Li-Ning increased its research and product development expenditure to RMB 676 million [approx. USD 93.5 million], raising its share of total revenue from 2.2% to 2.4%.

In the fourth quarter of fiscal 2024, net revenue from the Chinese Mainland increased by 46% year-on-year.

Pop Mart expects its full-year performance in 2025 to surpass RMB 20 billion [USD 2.77 billion], with overseas revenue exceeding RMB 10 billion [USD 1.38 billion].

The establishment of the ESG Management Committee and the release of the first standalone ESG report mark LILANZ’s shift in ESG efforts from “regulatory compliance” to a “core corporate strategy.”

At midday Central European Time on February 20, German […]