The jewelry and watch businesses of Buccellati, Cartier, and Van Cleef & Arpels all saw growth, driving a 4% year-on-year increase in sales for the jewelry segment.

“we envisage for 2025 a healthy growth of around 10%.”

Shein may also seek a dual listing in Hong Kong and London.

Since 2018, Bosideng Group has set new strategic goals and embarked on a journey of transformation and upgrading, clearly defining the strategic direction of “focusing on the main channel (down jackets) and the main brand (Bosideng).”

Regina Miracle’s revenue decreased by 10.9% year-on-year to HK$7.02 billion in the last fiscal year.

In terms of individual markets, the Chinese Mainland is the second-largest market, achieving a strong growth of 19.3% at constant exchange rates, accounting for 12.9% of the group’s sales and becoming a key growth engine for the group.

Gold jewelry and products are increasingly popular among young consumers due to their value retention and defensive characteristics.

The CEO stated that the Chinese market has significant growth potential in store expansion, digital business, and brand awareness.

The total sales of the jewelry brand divisions, including Buccellati, Cartier, and Van Cleef & Arpels, increased by 6%, surpassing the €14 billion mark.

In 2023, 9% of the sales growth came from pricing adjustments, while 7% came from increased sales volume.