In 2020, DVF shifted to a digital-first, China-centered wholesale strategy and signed a global business licensing agreement with Glamel, entrusting them with the responsibility for the brand’s production and sales.
Since the acquisition agreement was reached, Capri’s performance and stock price have remained sluggish, and the gap with Tapestry has gradually widened.
The CEO of Adidas pointed out, “The supply chain will become more localized. China will become China’s China.”
Sales in the Asia-Pacific region, led by the Chinese Mainland, surged by 73.7% year-on-year to CHF 59.2 million, significantly outpacing the Americas (+24.8%) and Europe, the Middle East, and Africa (EMEA) (+21.8%). The region’s contribution to the brand’s overall sales increased to 10.4%, up from 7.7% in the same period last year.
On August 8, the company’s stock price dropped by JPY 700 to JPY 3,810 per share, hitting the lower limit, with a latest market capitalization of JPY 1.523 trillion.
Boucheron needs an icon that both carries on the spirit of innovation and meets the aesthetic and practical needs of contemporary consumers.
Including Belle Fashion Group, Allbirds has completed transactions with nine international distributors to date.
Brooks Running has maintained the top market share in the U.S. adult performance running shoe market for 10 consecutive quarters and held the leading market share in the U.S. specialty footwear retail market in the first half of 2024.
The business environment in the Chinese market remains challenging.
The UNIQLO market in the Chinese Mainland experienced significant declines in both revenue and operating profit due to several factors: a high comparison base from the previous year, low consumer willingness, and unfavorable weather conditions that affected product demand.
