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.

Chinese innovative electrical brand “Deerma” debuts on the ChiNext board with a market capitalization of 6.8 billion yuan.

“Our fundamental belief is that when we focus on building our brand’s strength, engaging with our clients, taking care of our people, and integrating a long-term perspective in everything we do, our financial performance will follow.”

KMD Brands said that near-term trading in Q4 was more challenging as rising cost-of-living pressures dampened consumer confidence.

Anta and FILA brands accelerate growth, DESCENTE and KOLON SPORT maintain high growth.

For the second half of the 2023 fiscal year, the group anticipates excellent growth opportunities in all regions and across all price segments. However, the only concern is the unfavorable currency environment that could potentially pose challenges.

Kiko’s CEO Simone Dominici asid the target for 2023 is to exceed 800 million in revenue and more than 100 million in EBITDA.

Luxe.CO’s comprehensive coverage of brand and business portfolio changes of luxury giants from January 2019 to June 2023