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).”
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.