“If men’s fashion intends to assert its influence at the beginning of 2024, then the 105th Pitti Uomo has sent a very positive signal.”
The “Louis Vuitton in 2023” report published by Luxe.CO Intelligence includes 287 brand activities of the brand both domestically and internationally from January 1st to December 31st, 2023.
The rankings covers 292 major activities from 38 global luxury jewelry and watch brands in the China market over the past year
Due to the underperformance of the IRO Paris brand’s overseas operations, the company plans to make a provision for impairment of nearly 100 million yuan.
The Swiss watch industry concluded 2023 at a high level, with a year-on-year growth of 7.6% to 26.7 billion Swiss francs compared to the previous year.
The valuation of Amer Sports is around $6.3 billion.
In the fourth quarter, the Greater China region achieved revenue of 176 million euros, representing a year-on-year growth of 35.0%.
As of December 31st, 2023, Ferragamo’s net sales for the fiscal year 2023 decreased by 11.1% year-on-year to 1.12 million euros (calculated at a fixed exchange rate: -8.4%).
As Luxe.CO celebrates its tenth anniversary, the “Luxur […]
Sales in the Greater China region declined by 15% on an organic basis. Executives have stated that the slow overall consumer recovery is one of the reasons for the decline in this second-largest market.
