Duty-free spending by consumers from the Chinese Mainland increased by 33% year-on-year in July, showing a slight acceleration compared to the 31% growth in the second quarter.
Swedish outdoor apparel and equipment manufacturer Haglöfs AB has appointed Martin Daniels as Chief Executive Officer.
The study found that due to the depreciation of the yen, Japan has currently become the most attractive destination for Chinese consumers to purchase luxury goods, while Hong Kong is the least attractive destination for consumers from the Chinese Mainland.
Looking ahead to the 2025 fiscal year, Procter & Gamble expects net sales to grow by 2%-4% year-over-year, with organic sales growth projected at 3%-5%.
Rolex/Bucherer Following its announcement in August las […]
On August 8, the company’s stock price dropped by JPY 700 to JPY 3,810 per share, hitting the lower limit, with a latest market capitalization of JPY 1.523 trillion.
Tapestry Group’s fiscal year 2024 sales revenue grew by 1% on a constant currency basis, with Coach’s sales surpassing $5 billion for the first time, setting a new record.
Younger, More International, and Stronger Brand Control.
Starbucks The world’s largest coffee chain, Starb […]
The outflow of consumer spending abroad has led to weak sales performance among mall tenants, putting pressure on occupancy rates and rents. The Times Square properties, in particular, are facing greater challenges due to their smaller size and older decor.
