In the first nine months, the company’s gross profit margin reached 55.4%, and its operating profit margin was 17.4%, both setting record highs for the second consecutive year.

On November 8, 2024, the Luxe.CO Sports and Outdoor Investment Salon was successfully held at the Jing’an Shangri-La Hotel in Shanghai.

At constant exchange rates, sales in the Asia-Pacific region contracted by 18%. Although certain markets, including South Korea and Malaysia, experienced growth, combined sales in the Chinese Mainland, Hong Kong, and Macau declined by 27%.

In the third quarter, Ferrari’s global total shipments reached 3,383 units, a decrease of 2.2% compared to the previous year.

Phillip Lim Renowned Chinese-American designer Phillip […]

These 21 executives represent companies including LVMH, Kering, Richemont, L’Oréal Group, Tapestry, lululemon, and Asics.

Burberry British luxury brand Burberry has appointed Pa […]

In the first nine months of 2024, Zegna Group’s total revenue amounted to €1.3574 billion, marking a year-on-year increase of 1.7%, though with a 4.0% decline on an organic basis.

Sales in Greater China grew by 5.7% year-on-year, with additional year-on-year growth achieved during the Golden Week holiday.

X-BIONIC, in collaboration with Marco Odermatt, has launched the MARCO & X-BIONIC co-branded energy-accumulating performance ski base layer.