In 2022, Intersport France’s sales increased by 16.1% to 3.26 billion euros. Group leader Jacky Rihouet has promised to invest nearly 150 million euros in helping Go Sport get back on track within 7-8 years.
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.
ChimHaeres states that it is in an ideal position to become a significant player in the European luxury goods industry, considering its team’s experience and available capital, and is actively seeking investments in ambitious and strong brands.
Having been established for over 30 years, Nuxe brand’s founder, Aliza Jabès, still holds over 50% of the company’s shares.
As the pandemic restrictions are lifted, consumer demand in the Chinese market is starting to recover. LVMH has stated that it expects the Chinese market to drive growth in 2023.
The return of French athletes and consumers is undoubtedly a huge signal of Decathlon’s recovery.
“To truly achieve global decarbonization in our operations, we need to shift from reducing carbon intensity to absolute carbon reduction,” says Kering.
Founded in 1989 in Moirans-en-Montagne, in the Burgundy-Franche-Comté region of eastern France, UNT is a key player in the manufacturing of high-precision metal and mechanical components for the entire luxury eyewear industry.
Sales hit a record at €332m in Q4, up +4% on an organic basis vs. 2021, despite a high comparison basis.
Skincare, lipstick, and eye makeup products are the top three products in terms of export volume.
