Through entering the diamond cultivation industry, China Gold aims to achieve a “two-pronged” approach with “gold + jewelry,” reducing the company’s reliance on gold product sales and hedging against operational risks.

Despite Wolford’s immediate corrective measures, such as cost-cutting, the loss situation in the first half of 2022 could not be fully alleviated.

Ermenegildo “Gildo” Zegna, Chairman and CEO of the Zegna Group, stated, “We started 2023 with an encouraging upswing led by further reopening in the Greater China Region following COVID-19-related restrictions.

The group raised its full-year profit forecast from 350 billion yen in Q1 to 360 billion yen, higher than the average expectation of 347 billion yen by 14 analysts.

In six years of development, Sosandar’s turnover has grown from £1.3 million in its first year to £42.5 million recently.

As the pandemic restrictions are lifted, consumer demand in the Chinese market is starting to recover. LVMH has stated that it expects the Chinese market to drive growth in 2023.

It’s said that the dividend will be payable from April 26th, with record date on April 25th and coupon detachment on April 24th.

Karl Lagerfeld China has accumulated a total loss of over RMB 100 million in the past five years.

Levi Strauss & Co. has released its financial data for the first quarter of fiscal year 2023, ending on February 26, 2023.

The return of French athletes and consumers is undoubtedly a huge signal of Decathlon’s recovery.