“Our fundamental belief is that when we focus on building our brand’s strength, engaging with our clients, taking care of our people, and integrating a long-term perspective in everything we do, our financial performance will follow.”

KMD Brands said that near-term trading in Q4 was more challenging as rising cost-of-living pressures dampened consumer confidence.

Anta and FILA brands accelerate growth, DESCENTE and KOLON SPORT maintain high growth.

Hengli Group operates through four main entities: Jiangsu Hengli Chemical Fiber, Jiangsu Deli Chemical Fiber, Kanghui New Material Technology, Jiangsu Hengke New Material.

“Going global” has been the core strategic focus of KORRES in recent years.

For major brands, the gold rush presents four significant “new” opportunities that cannot be ignored in brand building: new target audiences, new wearing preferences, new craftsmanship styles, new brand positioning, and new opportunities to capture consumers’ mindshare.

From July 1st to July 15th, 2023, the Luxe.CO Biweekly Ranking featured a total of 42 updates from 30 luxury brands in the Chinese market. These updates included 11 marketing highlights, 7 store expansion/renovation updates, 20 announcements of pop-up store openings, 1 update on online channel expansion, and 3 endorsements by Chinese celebrities.

For the second half of the 2023 fiscal year, the group anticipates excellent growth opportunities in all regions and across all price segments. However, the only concern is the unfavorable currency environment that could potentially pose challenges.

From July 1st, 2023, to July 15th, 2023, Luxe.CO Sports and Outdoor Brand Ranking compiled a total of 34 latest updates on 27 sports and outdoor brands/companies in the Chinese market.

Kiko’s CEO Simone Dominici asid the target for 2023 is to exceed 800 million in revenue and more than 100 million in EBITDA.