“Going global” has been the core strategic focus of KORRES in recent years.

For major brands, the gold rush presents four significant “new” opportunities that cannot be ignored in brand building: new target audiences, new wearing preferences, new craftsmanship styles, new brand positioning, and new opportunities to capture consumers’ mindshare.

From July 1st to July 15th, 2023, the Luxe.CO Biweekly Ranking featured a total of 42 updates from 30 luxury brands in the Chinese market. These updates included 11 marketing highlights, 7 store expansion/renovation updates, 20 announcements of pop-up store openings, 1 update on online channel expansion, and 3 endorsements by Chinese celebrities.

For the second half of the 2023 fiscal year, the group anticipates excellent growth opportunities in all regions and across all price segments. However, the only concern is the unfavorable currency environment that could potentially pose challenges.

From July 1st, 2023, to July 15th, 2023, Luxe.CO Sports and Outdoor Brand Ranking compiled a total of 34 latest updates on 27 sports and outdoor brands/companies in the Chinese market.

Kiko’s CEO Simone Dominici asid the target for 2023 is to exceed 800 million in revenue and more than 100 million in EBITDA.

Luxe.CO’s comprehensive coverage of brand and business portfolio changes of luxury giants from January 2019 to June 2023

The inspiration for the three fragrances comes from rare plants of the Medici era and the gardens of several villas built by the Medici family, which were designated as UNESCO World Heritage sites in 2013.

The sales in the US market experienced a significant year-on-year surge of 52%, reaching £653 million, which accounted for 42% of the group’s total revenue.

“Bespoke customization is undoubtedly the pinnacle of products. At JOHN LOBB, customers can have a unique pair of shoes made specifically for their feet.”