For the recently reopened Sephora flagship store in Paris, the CEO of Sephora anticipates that during the Olympic Games, the foot traffic is expected to reach 15,000 people.
Hermès is often regarded as a “luxury trendsetter,” and the information shared by its executives holds significant reference value for understanding the ever-evolving luxury industry.
Duplaix also acknowledged that the performance of the Chinese market has not actually reached the levels predicted earlier this year.
During the period, the Greater China region exhibited robust growth of 13.9%. The group anticipates achieving the transformation of EBITDA from loss to profit as scheduled in 2024 after adjustments.
Nike, adidas, Under Armour, On, ANTA, and Li-Ning, among these six major sports brands, have all been consistently focusing their efforts on top-tier products, particularly in the realm of technologically advanced footwear.
“Our fundamental belief is that when we focus on building our brand’s strength, engaging with our clients, taking care of our people, and integrating a long-term perspective in everything we do, our financial performance will follow.”
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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.
“Herno continues to evolve across the board: in addition to the new products introduced with this collection in various categories, it’s the company’s own organization, with the appointment of a new CEO, that is a driver of change.”
“We have designed our strategy for 2030, and our ambition is to achieve 100% regenerative practices in our own sourcing, resulting in 100% regenerated soils by 2030. In terms of addressing climate issues, our goal is to reduce our carbon emissions by half in absolute value by 2030, compared to our 2019 levels, encompassing scope 1, 2, and 3 emissions globally.”
