Reda is known for producing entirely “Made in Italy” and sustainable Merino wool fabrics.
French skincare group L’Occitane recently achieved a significant milestone by surpassing €2 billion in sales in the latest fiscal year, with China as its second-largest market.
Sa Sa International Sees Revenue Boost and Return to Profitability as Mainland Tourists Return to Hong Kong.
Jimmy Lion plans to achieve a turnover of 9 million Euros in 2023.
Supreme, the renowned New York streetwear brand, releases financial data for the first time.
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.