The global luxury market remains sluggish, with significant revenue impacts in the EMEA region and the Greater China region, while the Lanvin brand achieved a strong 9% growth in the Asia-Pacific region outside of Greater China.
In 2020, DVF shifted to a digital-first, China-centered wholesale strategy and signed a global business licensing agreement with Glamel, entrusting them with the responsibility for the brand’s production and sales.
This summer, Hearts on Fire updated its visual identity, launched new jewelry products, and opened its first store in Hong Kong’s Central district following the brand’s revitalization.
Furla On August 26, the Italian leather goods group Fur […]
“Four seasons in one day, different weather every ten miles,” Mêdog is considered one of the “last secrets of the Earth.”
Since the acquisition agreement was reached, Capri’s performance and stock price have remained sluggish, and the gap with Tapestry has gradually widened.
Estée Lauder Cos. The American beauty giant Estée Laude […]
The CEO of Adidas pointed out, “The supply chain will become more localized. China will become China’s China.”
Sales in the Asia-Pacific region, led by the Chinese Mainland, surged by 73.7% year-on-year to CHF 59.2 million, significantly outpacing the Americas (+24.8%) and Europe, the Middle East, and Africa (EMEA) (+21.8%). The region’s contribution to the brand’s overall sales increased to 10.4%, up from 7.7% in the same period last year.
The English version of Luxe.CO “Luxury Jewelry & Wa […]