Despite the fact that the Chinese market accounts for only 3% of Pandora’s revenue, the company hopes to achieve business growth through a brand reboot in Q3 of this year.
Taking root in the mountains and forests of the Heavenly Kingdom.
Estée Lauder stated that although there has been an increase in foot traffic in major shopping areas such as China’s Hainan Island and Korea, consumer spending on luxury beauty products has lagged behind.
Adidas plans to have at least 30% of all Adidas clothing and equipment sold in China by next year come from Chinese design. Before the crisis, this figure was only in the low single digits.
L’Oreal has developed a new “5 Prong” strategy: innovation, diversity and inclusivity, multi-polarization, global localization, and sustainability.
Arnault has stated that the group will participate in the 6th China International Import Expo, which will be held in Shanghai from November 5th to 10th.
The Cartier Into The Wild exhibition will be open to the public from Thursday, April 20th to Friday, May 21st.
Back in 2008, L’Oreal Group acquired YSL Beauty (Yves Saint Laurent Beauté) for 1.7 billion euros.
Suzhou Yanlord Cangjie, set to open in the third quarter of 2023, has partnered with four major brands under the OTB Group – Maison Margiela, JIL SANDER, MARNI, and DIESEL – to establish pop-up experiential stores.
Wealthy consumers are still flocking to buy Lululemon’s tops, yoga pants, and shorts, boosting both online and brick-and-mortar store traffic.
