We are confident in the long-term development of the group in China and will further increase innovation investment with Estée Lauder China Innovation Research Center as the engine.
Nike, adidas, Under Armour, On, ANTA, and Li-Ning, among these six major sports brands, have all been consistently focusing their efforts on top-tier products, particularly in the realm of technologically advanced footwear.
This year, no fewer than 18 LVMH-owned brands showcased 25 innovative achievements within two dedicated spaces at the venue: The Dream Box and LVMH Court.
Under the successful promotion of its dermatological cosmetic brands Avène, Klorane, and professional hair care brand René Furterer, Pierre Fabre China has become the group’s leading international subsidiary in the field of skincare cosmetics.
This funding will be disbursed over a period of 24 months and will be utilized to enhance TFI’s fundraising and sponsorship capabilities, enabling them to continue providing a wide range of resources to local fashion startups.