Sales through new retail channels increased 39.0% year-on-year, outpacing the Group’s overall growth.

Sales in Asia-Pacific increased by 97% year-on-year, led by the Chinese market.

Pandora expects store closures in China to have a limited impact on organic growth.

Elisa Wang pointed out that luxury brands are facing two key challenges in the Chinese market.

Brooks said that, following its best-ever first-quarter performance, it also delivered record results in the second quarter.

Both Michael Kors and Jimmy Choo performed above expectations in the latest quarter.

China is a “less readable” market and also the market where Prada has the greatest opportunity to gain market share.

Canada Goose reported a strong start to the new fiscal year, with total global revenue rising 10.3% year-on-year to CAD 118.9 million.

Amid the World Cup, adidas’ marketing and point-of-sale activation expenses surged 30% year-on-year, reaching a total of €924 million.

Chinese beauty brands’ overseas sales are currently about half those of their Korean counterparts, but the gap is steadily narrowing.