In the first half of the year, Hang Lung Properties’ overall rental income and tenant sales in the Chinese Mainland decreased by 3% and 13%, respectively, when measured in RMB.

Both brands under the group achieved strong growth in the DTC channels across all markets.

The UNIQLO market in the Chinese Mainland experienced significant declines in both revenue and operating profit due to several factors: a high comparison base from the previous year, low consumer willingness, and unfavorable weather conditions that affected product demand.

HUGO BOSS Group will release its complete second-quarter results on August 1, 2024.

During the conference call, Jean-Jacques Guiony and analysts mentioned the “Chinese market” and “Chinese consumers” 76 times, making it the most discussed and highlighted topic.

From a regional perspective, Japan, North America, Europe, and the Greater China region are expected to continue growing.

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).”