The CEO of Adidas pointed out, “The supply chain will become more localized. China will become China’s China.”

China Lilang invested 150 million yuan, securing a 54% stake in Munsingwear (China) Co., Ltd.

Including Belle Fashion Group, Allbirds has completed transactions with nine international distributors to date.

Lanvin Group CEO Eric Chan and Sergio Rossi Global CEO Helen Wright recently gave an exclusive interview to Luxeplace.com.

lululemon CEO stated, “In terms of brand awareness, except for the domestic market in Canada, our independent brand awareness in every country/region we operate in is still very low.”

With a series of actions, Richemont Group has become one of the most active luxury giants recently.

We are confident in the long-term development of the group in China and will further increase innovation investment with Estée Lauder China Innovation Research Center as the engine.

The total sales of the jewelry brand divisions, including Buccellati, Cartier, and Van Cleef & Arpels, increased by 6%, surpassing the €14 billion mark.

In 2023, 9% of the sales growth came from pricing adjustments, while 7% came from increased sales volume.

In late April, the Italian luxury group Ermenegildo Zeg […]