ABG Group’s global annual retail revenue reached $29 billion.

L’Oréal Group held the “Riding the Waves of Civilization, Great Beauty Abounds—2023/2024 Annual Development Strategy Annual Communication Conference” in Shanghai.

Porsche plans to launch its largest-ever product release offensive in the company’s history in 2024.

Jean-Jacques Guiony admitted that compared to the high growth of the past few years, the current “normalization” seems abnormal.

“We need to show more resilience, we need more engines, and one of them is certainly China, as we see the rise of the middle class. The primary goal is to establish visibility and credibility in the Chinese market.”

The inaugural products launched by Camper’s Shokutaku include a selection of 10 items, ranging from frozen pizzas to Vienna sausages and bacon.

Rapha’s products and series will be available for sale in the Tmall flagship store in April and are currently available at Trek and selected high-end retailers, including CLUB100.

Brunello Cucinelli’s outlook suggests that the company’s full-year revenue for 2024 is expected to grow by approximately 10%, while maintaining a healthy and balanced profitability.

Despite Uniqlo’s total store count in China surpassing 1000, ranking first globally, its sales still fall short of the domestic market in Japan.

“Luxury brands have now entered the sportswear field. In the Chinese market, sports footwear brands must offer new and better experiences and products.”