In the first nine months of the year, Inditex recorded “all-time highs” with turnover up 19% to 23.06 billion euros ; H&M group’s net sales in SEK increased by 13percent in the first nine months of the financial year to SEK 161,120 million(14.615 billion EUR).

The Action Plan aims to promote the development of Shanghai’s fashion consumer goods industry and implement the strategy of “increasing varieties, improving quality, and creating brands”.

Fashion Cloud has made it the all-in-one solution for more than 600 fashion brands and 20,000 retailers.

In 2023, Heyday plans to open over 30 shops, with a total of 135 committed franchise units on the horizon in major markets including Denver, Boston, Austin, Phoenix and more.

While declining to provide sales figures, the executive said profit rose 70 percent compared with 2021.

What types of Chinese artists are most “in tune” with luxury brands?
Which art forms are emerging as hot trends in these collaborations?
What are the challenges for luxury brands’ art collaborations in China?

De Rigo provides licensed production and distribution services for luxury and fashion brands like Givenchy and Chopard.

Marriott International is poised to further its position as the global leader in luxury hospitality with more than 200 luxury properties in the development pipeline.

In the reported fiscal year, lululemon’s Power of Three x2 growth plan performs well in all three key pillars.

It is the first Middle Eastern luxury company in the list, with annual sales of US$289 million and a 32.6% growth rate.