LuxePlace.com will be publishing updates on exclusive collaborations between high-end hotels and fashion brands in China bi-weekly.
In the European region, sales surpassed North Asia, making it the top market, while the mainland China market demonstrated strong recovery in the second quarter.
SYoung Group reports revenue growth recovery and a significant 72% surge in net profit.
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According to the current schedule, over 100 fashion brands are participating in London Fashion Week, including well-known names like Burberry, JW Anderson, Simone Rocha, as well as the winners of prestigious awards such as the BFC/Vogue Designer Fashion Fund recipient 16Arlington, the 2023 BFC Fashion Trust Award winner Chopova Lowena, Molly Goddard, and the brand Labrum London, which received the Queen Elizabeth II Award for British Design earlier this year.
Through in-depth conversations with Guan Lin, we have gained three important insights into the growth of designer brands: being grounded allows managers to have a good “feel” for things, gathering popularity enables the brand to have broad appeal, and resonating with the emotions of the times allows consumers to follow in harmony.
In H1, mainland China resumed growth, with sales increasing by 53% year-on-year.
Between 22-28 July, Luxe.CO Tong released a total of 557 news articles involving 429 brands, 97 commercial centers, and 63 cities.
Meanwhile, in Q1, UGG® brand net sales decreased 6.0% from $207.9 million to $195.5 million.