The Japanese and French luxury skincare brand EDB, which was acquired by S’Young, generated nearly 100 million yuan in revenue over five months since the acquisition.

Hugo Boss’s sales in China were far higher than the same period last year, with a growth of 25% adjusted for exchange rates.

Benefiting from positive pricing strategies and product portfolio, as well as a decrease in transportation and energy costs, the group’s gross margin significantly increased to 58.4% in the first quarter.

After completing four investments, the Youngor fashion industry ecosystem has become even clearer.

Since going public, the company’s stock price has risen nearly 15%, with a current market value of approximately 17.6 billion euros.

PROYA’s brand revenues surpass CNY 50 Billion with online channels accounting for over 90%.

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.