Li-Ning’s latest performance fell short of expectations, causing the stock price to drop by over 20%.

European eyewear giant EssilorLuxottica announced its d […]

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.