Penhaligon’s and Editions de Parfums Frederic Malle were the two most active high-end fragrance brands in the Chinese market over the past year.
In the fourth quarter, The Wharf (Holdings) will introduce its third hotel brand.
By 2025, Hugo Boss is confident in achieving a revenue of 5 billion euros and a minimum EBIT (Earnings Before Interest and Taxes) of 600 million euros, with an EBIT margin of at least 12%.
CEO Bjørn Gulden stated that Adidas is expecting to achieve profitability in the years 2025 and 2026.
The convertible sports car culture is the next stage of challenge proposed by Cattaneo in the Chinese market.
Jean-Marc Loubier’s role goes far beyond that of a typical brand CEO; he is a pragmatic and visionary individual with a mission to revive the world’s first luxury leather goods family heritage.
After the resumption of domestic tourism, there has been a release of vacation demand.
Between 29 July to 4 August 2023, Luxe.CO Tong released a total of 557 news articles involving 429 brands, 94 commercial centers, and 69 cities.
From July 16th to July 31st, 2023, Luxe.CO Biweekly Ranking featured a total of 43 updates from 26 luxury brands in the Chinese market. These updates included 9 marketing activities, 5 store expansion news, 24 announcements about opening pop-up stores, and 5 updates about Chinese celebrities endorsing the brands.
Hang Lung Properties and Hang Lung Group’s property rental income increased by 5% and 4%, respectively, reaching HKD 5.237 billion and HKD 5.523 billion.