The growth, in fact, was driven by the retail channel and the Tod’s brand, which recorded excellent results in all product categories.

Burberry said its near and medium-term targets “remain unchanged as we continue to target high-single digit revenue growth with operating leverage ensuring good margin progression.”

In the third quarter, sales in mainland China declined 24 percent from a year earlier.

In APAC, Q3 revenue declined 4% due to China, partly because of the Covid impacts.

Cudoni was founded by James Harford-Tyrer in October 2015, headquartered in London, formerly known as SellSprint.

In the 2nd issue of 2023, Luxe.CO China Investment Weekly covered 4 domestic investment and financing news from January 7, 2023, to January 20, 2023.

P&G said it plans to continue raising prices despite a drop in sales volumes, warning that high commodity costs were pressuring profits.

Having acquired Lambert Spawn Europa B.V., the company vertically integrates a major source of mushroom substrate — mixtures of raw agricultural products inoculated with specialized mushroom strains — within the operations of the world’s premier developer of mycelium materials and products.

After this transaction, Accor no longer owns any stake in H World Group Limited.

This performance reflects the ongoing successful execution of the Company’s “CLAIM 5” strategy, which drove robust consumer demand for BOSS and HUGO also throughout the fourth quarter.