The Asia-Pacific region saw a 1.7% YoY decline due to COVID-19 control measures in China, but rebounded with growth in the second half of the year.

The net income for the full fiscal year 2022 of Victoria’s Secret was $348 million, with a diluted earnings per share of $4.14, representing a decrease of 46% compared to the previous year.

In FY2022, footfall improved 11% points from January to December 2022, ending the year at 90% of 2019 levels; sales remained ahead of 2019 levels.

“Nevertheless, we can look forward with great confidence, as the need for sustainable innovations in the medium and long term is undiminished, while the demand for environmentally friendly fibers will continue to grow.”says Stephan Sielaff, CEO of the Lenzing Group.

In 2022, Swire Properties generated HKD 13.826 billion in revenue and announced a HKD 50 billion investment plan in the Chinese mainland.

Nordstrom Canada operated six Nordstrom stores and seven Nordstrom Rack stores, as well as the Nordstrom.ca website, and employed approximately 2,500 people.

China’s IFS properties, including Changsha IFS and Chengdu IFS, under The Wharf (Holdings) Limited, have experienced their first revenue decline in recent years.

“2022 marked the end of our first full year as a public company, and while we made important progress, the year came to a challenging close, with results below our expectations due to both execution and macro challenges.”

In 2022, Safilo’s net sales amounted to €1,076.7 million, up 11.1% at current exchange rates and 4.2% at constant exchange rates compared to €969.6 million recorded in 2021.

China’s e-commerce giant, Yatsen Holding Limited, saw a 36.5% dip in net income from RMB 58.4 billion in 2021 to RMB 37.1 billion (approximately USD 5.37 billion) in 2022.