Following reports in July that Bain Capital, the contro […]
The strong performance of the DTC channel in the Chinese Mainland reflects robust consumer demand and deep resonance with the brand’s seasonal products.
Lululemon hosted the largest yoga community event in Beijing since its entry into China, with over 5,000 participants in attendance.
As the aesthetics and consumption values of the new generation of parents continue to evolve, brands that actively invest in design and artistry are gaining strong traction among mid-to-high-end consumers.
Sales in Greater China grew by 5.7% year-on-year, with additional year-on-year growth achieved during the Golden Week holiday.
Bosideng will become a key investor in Moose Knuckles, while Cathay Capital remains the controlling shareholder of Moose Knuckles.
Canada Goose continued its strong performance in Greater China from the fourth quarter of fiscal year 2024, with revenue increasing by 12.3% year-on-year.
Canada Goose experienced strong growth in the mainland Chinese market last quarter, with foot traffic in its standalone stores doubling compared to the same period last year.
Lululemon is expected to open approximately 55 new stores globally in the 2023 fiscal year, with the majority of them planned for China.
In the Asia-Pacific market, revenue saw a remarkable 13% year-on-year growth, outperforming all other markets.