Excluding the impact of Asian travel retail, L’Oréal Group’s quarterly growth in 2025 improved by one percentage point sequentially each quarter, demonstrating continued resilience.
Chinese designers Zane Li (brand LII) and Kinyan Lam (Lam Kinyan) have been shortlisted for the semi-finals of the LVMH Prize.
POP MART plans to open 27 new stores in Europe.
This also marks the first time Hermès’ annual revenue has exceeded EUR 16 billion, with a compound annual growth rate of 12.7% over the past decade.
“The more brands there are, the greater people’s appetite becomes, and at some point that appetite will be valuable for Hermès.”
The report includes a total of 277 brand activities from 40 luxury jewellery and watch brands in the Chinese market, marking the fourth consecutive year that the annual Luxury Jewellery & Watch Brands in China Power Ranking has been released.
In fiscal year 2024, Caruso recorded revenue of EUR 37 million, down 7% year-on-year.
In Greater China, we currently expect to achieve year-on-year growth of more than 25% for the full year.
With trail running as its entry point, the brand is positioned in the new-generation professional outdoor sports market.
The Chief Executive Officer emphasised, “We have achieved market share gains across all four major categories in the Chinese Mainland market for four consecutive quarters.”
