Due to the underperformance of the IRO Paris brand’s overseas operations, the company plans to make a provision for impairment of nearly 100 million yuan.
Peacebird implemented strict controls on retail discounts for merchandise and accelerated the closure of low-performing stores in 2023.
In this article, Luxeplace.com delves into the upgrading path the down industry has been taking by examining the recently opened flagship stores of six domestic and international feather clothing brands in the Chinese market.
Youngor has changed its Chinese name from “Youngor Group Co., Ltd.” to “Youngor Fashion Co., Ltd.”
In the first half of the 2023/2024 fiscal year, Snow Flying, a subsidiary of Bosideng, saw its revenue soar by 52.2% year-on-year, leading the way among the Bosideng Group.
The center was established as a joint laboratory by Botanee Group in collaboration with the Skin Research Center of Saint Louis Hospital in France, marking the group’s first international research center.
GIC’s ownership stake in Li-Ning has increased from 4.81% to 5.11%.
The increase in Proya’s average selling price has driven the gross profit margin to achieve a historic high.
Li-Ning’s latest performance fell short of expectations, causing the stock price to drop by over 20%.
In Jinjiang, Fujian province, where Quanzhou is located, digital art unexpectedly encounters fashion manufacturing, sparking surprising creativity.
