Dr. Martens did not fare as well in the US market, where consumer confidence has weakened.

In the fiscal year 2023, Hoka achieved a remarkable 58% year-on-year growth in global revenue, reaching $1.4 billion. This marks the fourth consecutive year of Hoka’s revenue growth surpassing 50%.

The North Face brand achieved outstanding performance in the Greater China region during the fourth quarter, with sales increasing by nearly 40%.

“We’re going to stay a private, independent company. Rumors always float around, but you can put those to rest.”

In the first quarter, The RealReal’s strategic focus on higher-margin consignment business has started to yield results. During the first quarter, consignment revenue experienced a 22% YoY growth, while direct revenue saw a decline of 49% YoY.

Giorgio Armani, the founder, concluded, “The medium-long term strategic path I have chosen to undertake continues to prove effective as is evidenced in the results.”

For Fiscal 2024, the Company expects revenues to increase approximately low-single digits to last year on a constant currency basis.

China’s largest sportswear and apparel retailer, Topsports, releases 2022/23 performance report with revenue of 27 billion yuan.

In the post-pandemic era, the resurgence of various events has driven the growth of LK Bennett’s business.

Yatsen Holding, the parent company of Perfect Diary, achieves profit turnaround in the first quarter with skincare business accounting for over 30%.