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.”

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.”