In the Chinese market, deliveries for the first nine months increased by 1.7% year-on-year, reaching 603,900 units.
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In the second quarter, PUMA’s sales increased by 11.1% year-on-year to 2.121 billion euros, and the Asia-Pacific region achieved growth of 24.4%.
By 2025, Hugo Boss is confident in achieving a revenue of 5 billion euros and a minimum EBIT (Earnings Before Interest and Taxes) of 600 million euros, with an EBIT margin of at least 12%.
CEO Bjørn Gulden stated that Adidas is expecting to achieve profitability in the years 2025 and 2026.
Saifu achieved sales of approximately 71 million euros in 2022.
According to official documents submitted by both parties to the French government, the value of this transaction is 16.32 million euros.
Wonnda offers a fully digitalized product sourcing solution, enabling brand owners and B2B buyers to efficiently discover new products, submit bids, and manage supplier relationships.
Nivea and the Derma division performed well, achieving growth of 18% and 26.9%, respectively.
Hugo Boss’s sales in China were far higher than the same period last year, with a growth of 25% adjusted for exchange rates.
