e.l.f. is another brand that has withdrawn from China, the world’s second-largest beauty market, amid fierce competition, due to the rise of local affordable makeup.
“We have a strong Scandinavian perspective as pioneers of minimalism since the early 90s, with a unique design approach that communicates warmth and sensuality.”
Dani Reiss, Canada Goose Chairman and CEO, said:“We are confident that the brand has regained its original momentum.”
The company was upbeat about a recovery in China, a key market for the luxury sector overall and Swatch Group in particular where it generates around a third of its sales, according to estimates by Zuercher Kantonalbank.
To improve the Group’s corporate governance structure and benchmark the international large-scale corporate governance model
This is indicative of how optimistic multinational companies are about the China market as well the potential for development of the Hainan Free Trade Port.
“The Playboy China joint venture continues PLBY’s evolution from a traditional licensing model to a selectively owned and operated business model to maximize the value of the Playboy brand across our businesses.”
From January 12th, Dior unveiled a limited-time ice and snow-themed pop-up boutique in Songhua Lake Resort, Jilin Province.
Luxe.CO interviewed Frederic Seiller, General Manager of Aesop Asia Pacific, and Marianne Lardilleux, Global Store Design Director.
The eye make-up category will achieve the fastest CAGR during 2021-2026, followed by the lip make-up category.
