Jiangnanbuyi Group’s members who spend over 5000 RMB annually contribute to over 60% of offline retail sales.
Looking ahead to the future, Brunello Cucinelli expresses a very optimistic outlook for the entire year of 2023. Revenue is expected to achieve a growth of 19%, with a healthy profit margin and highly appealing earnings growth.
During the period, the Greater China region exhibited robust growth of 13.9%. The group anticipates achieving the transformation of EBITDA from loss to profit as scheduled in 2024 after adjustments.
Wangfujing’s duty-free business generated revenue of ¥136 million with a gross profit margin of 13.46%. Currently, it accounts for 2.05% of the total revenue.
In the first half of the year, Karl Lagerfeld China saw a growth of 36.7% in revenue, reaching 170 million yuan. The net profit turned from a loss to a gain, reaching 15 million yuan.
The revenue proportion of the Jewelry Fashion sector within Shanghai Yuyuan Group has risen to 77%.
ANTA Group’s net profit surges by 40% in the first half of the year!
In the first half of the year, Hazzys’ revenue surpassed that of the main brand Bono.
For the first time since 2019, revenue from Peacebird’s men clothing surpassed the women’s clothing line.
Over the past 12 months, the Swiss Franc has appreciated by 7.9% against the US Dollar, and the Swiss Franc to Euro exchange rate is also approaching historic highs. The strength of the Swiss Franc is poised to weaken On’s sales in the United States, Europe, and other regions later this year.