Recently, the Jordan brand globally launched its first non-collaborative luxury series — the Jordan Wings Collection. All products are made in Italy, with some items priced between 6,000 to 10,000 RMB.

Under Armour’s “Vivid Evolution Exhibition” at TX Huaihai in Shanghai conveys the brand’s determination to “expand its circle” in the Chinese market.

“We need to show more resilience, we need more engines, and one of them is certainly China, as we see the rise of the middle class. The primary goal is to establish visibility and credibility in the Chinese market.”

The inaugural products launched by Camper’s Shokutaku include a selection of 10 items, ranging from frozen pizzas to Vienna sausages and bacon.

Hainan remains the operational core of China Duty Free Group (CDFG). Revenue from the Hainan region increased by 14.3% year-on-year to 39.65 billion RMB, contributing 58.7% to the company’s total revenue.

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.