Due to persistently low consumer confidence, revenue in Greater China was €266.3 million (accounting for 28% of the group’s total revenue), a 13.2% year-on-year decline, and an 11.7% decline on an organic basis.

Brooks Running has maintained the top market share in the U.S. adult performance running shoe market for 10 consecutive quarters and held the leading market share in the U.S. specialty footwear retail market in the first half of 2024.

Canada Goose continued its strong performance in Greater China from the fourth quarter of fiscal year 2024, with revenue increasing by 12.3% year-on-year.

Excluding automobiles, retail sales in June saw a 3.1% year-on-year decrease, amounting to SGD 3.3 billion.

Launched in 2021, the “Luxury Brands in China Power Ran […]

Axel Dumas also mentioned that Chinese customers prefer to purchase Hermès products domestically.

Chanel The French luxury brand Chanel has recently anno […]

The provisional estimate of Hong Kong’s total retail sales value for June is HKD 29.9 billion.

Chinese menswear brand LILANZ participated as a strategic menswear partner, exploring the enchanting natural landscapes and rich cultural history along the route, witnessing the exchange of civilizations on the Silk Road.

According to statistics from Luxeplace.com, from January 2023 to July 2024, the Luxe.CO Luxury Stock Index decreased from 249.1 to 226.7, a decline of 9.0%. Contrary to many expectations, the global luxury market did not experience a resurgence.