Over the past three years, Ralph Lauren’s women’s business in China has achieved a compound annual growth rate (CAGR) of 40%
Nike’s management candidly acknowledged that the Chinese market is facing “structural challenges,” and that its recovery will follow a “different timeline.”
“China is one of the most dynamic markets in the global fragrance industry. What we hold in our hands is gold—the key lies in how we make it shine.”
Management has decided: even at a time when there are more opportunities for our brand, we have chosen not to accelerate either in distribution or in communication.
Brunello Cucinelli: “We don’t want to open stores blindly in China. We’re not looking to achieve 15%–20% growth through China. We don’t want to be acquired by anyone. We want balanced growth.”
Chinese retail partners include: B1OCK, DongLiang, Dover Street Market, Lane Crawford, and SND.
The new store is located in Tower 5 of Pacific Place in the vibrant Wan Chai district of Hong Kong, China.
On the occasion of the opening of HOKA ONE ONE’s first-ever Global Brand Experience Center in Shanghai, Luxe.CO sat down for an exclusive interview with Orris Wu, General Manager of HOKA ONE ONE China Division.
Recently, five more sports and outdoor brands have entered the Chinese mainland market.
Topsports is responsible for the brand’s end-to-end operations in the Chinese market, including brand communication, marketing promotion, channel sales, and consumer engagement.