The Greater China region recorded a remarkable 24% year-on-year growth, which, when calculated at a fixed exchange rate, increased by 31%. This growth played a pivotal role in leading the Asia-Pacific region to achieve a further 13% overall increase.

Hilton’s second-quarter revenue increased by 18.75% YoY, and its net income attributable to shareholders rose by 11.68% YoY.

In the European region, sales surpassed North Asia, making it the top market, while the mainland China market demonstrated strong recovery in the second quarter.

SYoung Group reports revenue growth recovery and a significant 72% surge in net profit.

In H1, mainland China resumed growth, with sales increasing by 53% year-on-year.

Meanwhile, in Q1, UGG® brand net sales decreased 6.0% from $207.9 million to $195.5 million.

Including the Chinese market, the Asian region remains the largest market for LVMH Group, contributing 34% of its revenue, which represents an expansion compared to the same period last year.

L’Occitane Group Reports Strong 36% Growth in the Chinese Market for the Last Quarter

Unilever sees improvement in the Chinese market with 7.9% sales revenue growth.

Tesla Achieves Record-Breaking Revenue of $24.927 Billion in Q2.