The same-store sales in the Asia-Pacific region increased by 3% in the fiscal year 2024, but experienced a 17% decrease in the fourth quarter.

The group is confident about the acquisition of Capri and is committed to actively addressing the lawsuit filed by the Federal Trade Commission, striving to complete the acquisition transaction by 2024.

In late April, the Italian luxury group Ermenegildo Zeg […]

Swire Properties stated its goal of doubling the total floor area in mainland China by 2032.

In 2023, Ellasay achieved a revenue of 29.2 billion yuan, an increase of 21.7% compared to the same period in 2022, and a growth of 23.4% compared to 2021, once again reaching a historic high.

It’s worth noting that in 2023, Yatsen Holding’s annual R&D expenses amounted to 110 million yuan, with the annual R&D expenditure ratio increasing from 2.4% in 2021 to 3.3%.

Youngor has increased its investment in the fashion industry while reducing investments in other unrelated industries, making its focus more defined!

In 2023, Botanee expanded into overseas markets by establishing its Southeast Asia regional headquarters in Bangkok, Thailand.

Proya has announced its intention to explore opportunities for overseas expansion.

In the Chinese Mainland market, the momentum is particularly strong for high-end skincare products, especially Helena Rubinstein, and licensed luxury brands such as Yves Saint Laurent, Maison Margiela, Prada, and Valentino.