As part of the transformation plan, Canada Goose also announced a redesign of its global company workforce, reducing about 17% of positions.

In 2024, the group plans to open approximately 16 new shopping centers in Beijing, Shenzhen, Nanjing, Xi’an, Changsha, Zhengzhou, and other locations. It is estimated that by the end of 2027, the number of operational shopping centers will increase to 117.

These two reports have included a total of 693 major brand activities (incomplete count) for Louis Vuitton and Dior from January 1, 2023, to December 31, 2023

The net revenue growth in the mainland China market increased by 56%, or 60% when calculated at a fixed USD exchange rate.

Antonio Belloni will step down as CEO and Chairman of the Executive Committee of LVMH Group, to be succeeded by Stéphane Bianchi, current CEO of the Watches and Jewelry division.

One thing is clear: On is not a luxury fashion brand, but a high-end athletic brand.

The Group’s pattern of “deep plowing in China” and “going overseas” has been taken into account.

Bjørn Gulden said, “Compared to 12 months ago, we feel much more confident about the Chinese market,” adding that China’s growth potential is “far higher than” the growth achieved in the full year of 2023.

Li Ning responded, “For investors, I will consider any plan that can increase investor returns.”

In 2023, the company saw year-on-year growth in its solution-based injection products, gel-based injection products, and facial implant threads.