Jean-Jacques Guiony said that fashion leather dividend should benefit from a strong push from Mainland China in 2023.
In 2021, Koio’s sales grew by 50%, and in 2022, the company recorded another 50% growth.
Tiffany will open several new stores in the Chinese market and has secured prime locations.
Holly Etlin, a retail transformation expert and Managing Director of consulting group AlixPartners, has been appointed as the Chief Financial Officer and Chief Restructuring Officer of Bed Bath & Beyond.
Adidas plans to have at least 30% of all Adidas clothing and equipment sold in China by next year come from Chinese design. Before the crisis, this figure was only in the low single digits.
Paying tribute to the creativity and transformative power exhibited by contemporary Chinese women.
In terms of regions, the strongest markets in 2022 were Europe, North America, and the Middle East, while the Greater China region was filled with uncertainty due to the COVID-19 pandemic.
Arnault has stated that the group will participate in the 6th China International Import Expo, which will be held in Shanghai from November 5th to 10th.
Within just eight weeks, the brand’s e-commerce conversion rate has increased by 31%, revenue from search has grown by 74%, and per session value has improved by 26%.
Despite Wolford’s immediate corrective measures, such as cost-cutting, the loss situation in the first half of 2022 could not be fully alleviated.