Management has decided: even at a time when there are more opportunities for our brand, we have chosen not to accelerate either in distribution or in communication.
Adjusted EBITDA loss widened to €52 million (approximately USD 56.5 million).
James Zheng stated: “A high-quality retail network is far more important for long-term success than pursuing rapid expansion.”
The core drivers behind Anta Group’s high-quality growth stem from increasingly refined performance across three dimensions: multi-brand synergy, retail operations, and globalization.
Brunello Cucinelli: “We don’t want to open stores blindly in China. We’re not looking to achieve 15%–20% growth through China. We don’t want to be acquired by anyone. We want balanced growth.”
Adidas maintains its initial full-year outlook, expecting operating profit between €1.7 billion and €1.8 billion.
“China will once again be our fastest-growing market in 2025.”
The global sports-fashion industry, led by running, undoubtedly continues to find its opportunities in the Chinese market, where high-end opportunities are still emerging.
Mr. Leonardo Ferragamo, Chairman of the Board of Directors of Salvatore Ferragamo S.p.A., recently gave an exclusive interview to Luxe.CO.
“BIEM.L.FDLKK Group will not transform KENT & CURWEN into a localized Chinese brand.”
