SYoung Group reports revenue growth recovery and a significant 72% surge in net profit.
In H1, mainland China resumed growth, with sales increasing by 53% year-on-year.
The Group’s Chief Financial Officer, Jean-Jacques Guiony, Financial Communications Director, Christopher Hollis, and Deputy Director of Investor Relations, Rodolphe Ozun, attended a conference call to interpret the performance for the first half of the year.
Including the Chinese market, the Asian region remains the largest market for LVMH Group, contributing 34% of its revenue, which represents an expansion compared to the same period last year.
L’Occitane Group Reports Strong 36% Growth in the Chinese Market for the Last Quarter
This building was originally commissioned by Georges Vuitton, the son of Louis Vuitton’s founder.
Cristal Union comprises over 9,000 beetroot growers, to improve the growing conditions of beetroot, used to extract alcohol for perfume production.
Sabé Masson, a niche perfume brand, positions itself as a new generation of fragrance products and specializes in the concept of “Soft Perfumes.” The brand currently operates a boutique store in Haut-Marais, Paris.
French skincare group L’Occitane recently achieved a significant milestone by surpassing €2 billion in sales in the latest fiscal year, with China as its second-largest market.
Advent will acquire a majority stake in SBGC company from Julien Sprecher, while Sprecher will retain his current position and a minority stake in the company.
