Currently, the Japanese tourism industry is shifting towards wealthier clientele because they are more willing to spend on high-end luxury goods and services.
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.
Ceremonia will use this funding to expand its presence in Sephora stores across the US and plans to open a flagship store in New York City this summer.
This marks ODDITY’s largest acquisition to date.
After completing four investments, the Youngor fashion industry ecosystem has become even clearer.
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.
Since going public, the company’s stock price has risen nearly 15%, with a current market value of approximately 17.6 billion euros.
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.