For the first time since 2017, footwear has outstripped apparel as the biggest contributor to Li-Ning’s revenue.
Morris Goldfarb said, “Donna Karan and Nautica are two of the most recognized American lifestyle brands with significant opportunity in the women’s space.”
With a current market share of around 12% in China, Brunello Cucinelli aims to further expand this figure in the next five-year plan.
In the past year, the BMW Group more than doubled its BEV sales to over 215,000 units, underlining its role as a pioneer in e-mobility.
The premium brands includes the Audi premium brand group (Audi, Lamborghini, Bentley, Ducati) and Porsche (IPO in September 2022).
The strong results reflect the significant changes the company has made to its business model and its recovery from the Covid-19 pandemic.
At the same time, the digitization process across all of the Group’s businesses continues to evolve: Aesop remains the most digitalized of all business units
The key regions for Mango are Spain and France, as well as the United Kingdom and Italy. Other markets in which Mango has evolved significantly include the United States and India, two strategic countries for the present financial year.
On March 14 after the financial report was released, the stock of Tod’s Group rose accordingly. As of the close, the stock price rose by 7.02% to 36.28 euros compared with the previous trading day.
The Asia-Pacific region saw a 1.7% YoY decline due to COVID-19 control measures in China, but rebounded with growth in the second half of the year.