The fourth issue of [Luxe.CO Chinese Fashion Designers Monthly] 2023 (March 1, 2023 – March 31, 2023) contains 28 marketing news from 21 Chinese designer brands, including co-branding, offline channel expansion, pop-ups, offline activities, and appointment of spokesperson.
The Chinese market saw a significant year-on-year increase of 29% to €88.6 million, accounting for 32.8% of Tod’s Group’s total revenue, making it the largest market for the group.
MÊME is a digitally native vertical brand specifically created for women who experience skin sensitivities as a result of cancer treatments. All of its products are developed in collaboration with oncologists and dermatologists.
In this interview, Hélène candidly shared the efforts she has made since becoming Boucheron’s Global CEO.
The estimated sales for the brand in 2023 would exceed AUD 500 million, and the EBITDA would reach AUD 120 million.
Over the past two years, Juliette Has A Gun’s revenue has doubled, with global retail sales reaching €120 million in 2022, with China accounting for over 30% of the market share.
One source stated that BlueStone, based in Bangalore, is currently valued at nearly $500 million and its investors include venture capital firm Accel and Indian industrialist Ratan Tata.
The group agreed to sell Aesop to L’Oréal for an enterprise value of US$2.525 billion (subject to customary regulatory approvals).
“Our 2023 first quarter was the best ever sales quarter in our history as our European based operations grew the top line by 26% or 29% in constant currency and U.S. based operations by 19%.”
In the past few years, Mr & Mrs Smith has been struggling financially, especially during the pandemic. However, in 2018, before the company faced financial difficulties, it had a revenue of nearly $18 million and a profit of $563,000.