In 2022, Frette’s revenue reached 128 million euros.
Jiangnanbuyi Group’s members who spend over 5000 RMB annually contribute to over 60% of offline retail sales.
Luxe.CO Intelligence releases the new edition of its mo […]
“Breakthrough” is not only a key word in Maggie Chan’s personal career but also a core theme for Sephora under her leadership in China.
According to the data compiled by Luxe.CO Tong, in the past year, 11 overseas high-end tableware brands have actively established a presence in the Chinese market.
From August 16, 2023, to August 31, 2023, the Luxe.CO Biweekly Ranking has compiled a total of 36 updates from 29 luxury brands in the Chinese market, including 8 marketing updates, 14 store expansion updates, 12 pop-up store opening updates, and 2 endorsement updates.
Looking ahead to the future, Brunello Cucinelli expresses a very optimistic outlook for the entire year of 2023. Revenue is expected to achieve a growth of 19%, with a healthy profit margin and highly appealing earnings growth.
During the period, the Greater China region exhibited robust growth of 13.9%. The group anticipates achieving the transformation of EBITDA from loss to profit as scheduled in 2024 after adjustments.
From August 2, 2023, to August 17, 2023, Luxe.CO Sports & Outdoor Brand List section of the magazine has compiled a total of 33 latest developments from 28 sports and outdoor brands/companies in the Chinese market.
Over the past two years, Baozun has remained Hunter’s e-commerce partner in China, effectively aiding in driving online business growth and sustained profitability.