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.
Currently, more than 71 designers and brands have confirmed their participation in the event. Among them are esteemed names like Ralph Lauren, Theory, 3.1 Phillip Lim, Tory Burch, COS, Dion Lee, Michael Kors, Gypsy Sport, and Jonathan Cohen, among others.
The Group’s Chief Financial Officer, Jean-Jacques Guiony, Financial Communications Director, Christopher Hollis, and Deputy Director of Investor Relations, Rodolphe Ozun, attended a conference call to interpret the performance for the first half of the year.
Including the Chinese market, the Asian region remains the largest market for LVMH Group, contributing 34% of its revenue, which represents an expansion compared to the same period last year.
L’Occitane Group Reports Strong 36% Growth in the Chinese Market for the Last Quarter
Unilever marks its 100th year of investment in China.
Unilever sees improvement in the Chinese market with 7.9% sales revenue growth.
From 2022 to the present (18 months), luxury brands have strategically positioned themselves in the four central cities of the Greater Bay Area – Shenzhen, Guangzhou, Hong Kong, and Macau.
“Because there is no planet B.”