Is the fragrance industry cyclically peaking, or is it undergoing structural growing pains amid transformation and upgrading?

At Gucci, the level of collaboration between headquarters and regional teams has become more important than ever.

British footwear brand Clarks has returned to profitability for the first time in two years, according to accounts filed with Companies House in the UK, primarily driven by cost-cutting measures and a recovery in retail margins.

In the first quarter of 2026, the company recorded operating revenue of RMB 1.44 billion (USD 199 million), representing a year-on-year increase of 10.46%.

In the first quarter, export value increased by 1.4% year-on-year to CHF 6.2 billion, with several major markets appearing to have bottomed out.

This was not a simple sponsorship. Rather, by creatively appointing an “Official Trend Officer”, UNDEFEATED completed its progression from “paying tribute to the track” to “competing on the track”.

Revenue in Asia Pacific increased by 14% year-on-year (+22% at constant exchange rates) to EUR 380.8 million, making it the Group’s largest market, with particularly outstanding performance in the Chinese Mainland and South Korea.

Thanks to the premiumisation of production and manufacturing, brands have more energy and time to build spiritual value beyond the garment itself.

Sephora China’s transition from deep adjustment to emerging signs of stabilisation reflects, to a considerable extent, the recovery process underway in China’s premium beauty retail market.

Kering’s investment will support ICICLE in entering its next stage of development, including further advancing the brand’s international expansion and enriching its product matrix across new categories.