The Group’s Chief Financial Officer, Jean-Jacques Guiony, Financial Communications Director, Christopher Hollis, and Deputy Director of Investor Relations, Rodolphe Ozun, attended a conference call to interpret the performance for the first half of the year.
Including the Chinese market, the Asian region remains the largest market for LVMH Group, contributing 34% of its revenue, which represents an expansion compared to the same period last year.
L’Occitane Group Reports Strong 36% Growth in the Chinese Market for the Last Quarter
Unilever marks its 100th year of investment in China.
Unilever sees improvement in the Chinese market with 7.9% sales revenue growth.
From 2022 to the present (18 months), luxury brands have strategically positioned themselves in the four central cities of the Greater Bay Area – Shenzhen, Guangzhou, Hong Kong, and Macau.
“Because there is no planet B.”
Maison Margiela’s parent company, OTB Group Chairman Renzo Rosso, believes that “China will soon account for 50% of global fashion and luxury goods consumption.”
The offline experiential spaces of automotive brands are continuously evolving, with constant upgrades and iterations. Brands are pushing the boundaries by introducing innovative and imaginative approaches to captivate their audiences.
Luxeplace.com will release monthly updates on newly opened luxury and boutique hotels worldwide.
