ANTA Group has achieved a staggering compound annual growth rate of over 25% in the past seven years.
On anticipates reaching net sales of at least CHF 1.7 billion, a gross profit margin of approximately 58.5% and an adjusted EBITDA margin of 15.0% for the full year 2023.
Revlon’s stock price plummeted nearly 15% on March 17th following the release of their financial report, resulting in a current market value of approximately $27.7 million.
For the first time since 2017, footwear has outstripped apparel as the biggest contributor to Li-Ning’s revenue.
Morris Goldfarb said, “Donna Karan and Nautica are two of the most recognized American lifestyle brands with significant opportunity in the women’s space.”
With a current market share of around 12% in China, Brunello Cucinelli aims to further expand this figure in the next five-year plan.
In the past year, the BMW Group more than doubled its BEV sales to over 215,000 units, underlining its role as a pioneer in e-mobility.
The premium brands includes the Audi premium brand group (Audi, Lamborghini, Bentley, Ducati) and Porsche (IPO in September 2022).
The strong results reflect the significant changes the company has made to its business model and its recovery from the Covid-19 pandemic.
At the same time, the digitization process across all of the Group’s businesses continues to evolve: Aesop remains the most digitalized of all business units