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.
This funding will be disbursed over a period of 24 months and will be utilized to enhance TFI’s fundraising and sponsorship capabilities, enabling them to continue providing a wide range of resources to local fashion startups.
ELLASSAY Group collaborates with the former Vice President of Canada Goose to establish a joint venture company for a down jacket brand.
Rennaï, with its brand concept of new retail beauty and health management, aims to redefine the future of self-care. It is dedicated to helping customers find the power of self-love throughout their journey of self-care and self-discovery. Rennaï strives to become the preferred one-stop destination for customers, offering a comprehensive range of care services.
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