Sales in China for the quarter grew over 20% year-over-year, exceeding management’s expectations and making it the fastest-growing market in Asia.
“If Adidas wants to win over more consumers, we need to introduce more mass-market (go down) products without losing high performance,”
Lululemon is expected to open approximately 55 new stores globally in the 2023 fiscal year, with the majority of them planned for China.
Galeries Lafayette, the globally renowned French depart […]
In Laurent BOILLOT’s understanding, “culture” is not only the foremost pillar of luxury goods but also the source of long-term opportunities for luxury brands.
Today, Canada Goose has the largest network of direct-operated stores globally in China, with nearly 30 stores.
Overall, the Chinese market, Jewelry Division, and both retail and online retail collectively contributed 74% to the group’s sales revenue.
For the recently reopened Sephora flagship store in Paris, the CEO of Sephora anticipates that during the Olympic Games, the foot traffic is expected to reach 15,000 people.
The overall growth of the high-end beauty business in mainland China has slowed down, as evidenced by the current pre-sale stage data for the Double Eleven shopping festival.
Since the pandemic restrictions were lifted in Greater China last year, development activities have steadily improved, and this quarter has witnessed the highest number of newly signed projects since 2021.