In 2024, Maogeping added new overseas distributors, including Sephora Hong Kong Cosmetics Co., Ltd.
In 2024, Li-Ning increased its research and product development expenditure to RMB 676 million [approx. USD 93.5 million], raising its share of total revenue from 2.2% to 2.4%.
Pop Mart expects its full-year performance in 2025 to surpass RMB 20 billion [USD 2.77 billion], with overseas revenue exceeding RMB 10 billion [USD 1.38 billion].
The establishment of the ESG Management Committee and the release of the first standalone ESG report mark LILANZ’s shift in ESG efforts from “regulatory compliance” to a “core corporate strategy.”
The opening of UR’s New York store has validated the feasibility of Chinese fashion brands expanding overseas.
Compared to 2023, Lao Pu Gold added seven new stores and upgraded or expanded four existing stores.
POP MART’s stock price reached a record high of HKD 107.6 per share during trading on February 12, bringing its total market capitalization to HKD 144.5 billion.
Intime Department Store has developed or plans to develop over 60 projects.
[Luxe.CO China Designer Brands Monthly Report] for November 2024 Issue recorded 24 brand activities from 17 Chinese designer brands.
To date, the brand’s parent company, FMG Group, operates nearly 20 stores overseas, covering countries such as Singapore, Malaysia, the Philippines, Vietnam, and Thailand.
