Currently, Munich operates in 64 countries, which account for 67% of the brand’s export revenue. Among these countries, Munich sports shoes are particularly popular in Latin America.

The group expressed optimism regarding the gradual recovery of its key markets. With the recovery and growth of same-store sales in mainland China, Hong Kong, and Macau, the fiscal year 2024 is expected to be a year of recovery and a return to normalcy.

In 2023, Inditex’s total store area is expected to grow by approximately 3%, and store optimization is currently underway.

Since the beginning of this year, the company’s stock has experienced a significant increase of nearly 33%. As a result, the current market value stands at approximately ¥684.1 billion.

Thanks to rigorous cost control measures, Rent the Runway achieved a turnaround in EBITDA during the first quarter, with a profit of $4.5 million. The net loss also further narrowed to $30.1 million.

SBM Group was founded on April 2nd, 1863, under a sovereign decree issued by Prince Charles III of Monaco. The SBM Group owns and operates the Monte Carlo Casino, the Opéra de Monte-Carlo, and the Hôtel de Paris in Monte Carlo. In 2015, LVMH Group acquired a 5% stake in SBM.

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.”