The group expects that in the second half of the 2024 fiscal year and for the full year, the business in the Greater China market is projected to achieve revenue growth and a slight increase in profit.

The inaugural products launched by Camper’s Shokutaku include a selection of 10 items, ranging from frozen pizzas to Vienna sausages and bacon.

According to the agreement, the joint venture will be founded in April this year in Changshu City, Jiangsu Province, with Goldwin holding a 65% share and SGAR holding 35%.

In terms of mainland China operations, during the fiscal year 2023, Shiseido Group is transitioning from a growth model primarily driven by large-scale promotions to a more sustainable growth model, focusing on value-based brand and product communication to meet consumer demands.

In the fiscal year 2023, business in mainland China regained vitality; however, Chinese consumers have become more discerning when it comes to products and prices.

Founded in 1914, headquartered in Avesta, Sweden, Haglöfs primarily engages in the design, production, and sale of outdoor apparel and equipment.

This year, Shiseido Company has introduced a new mid-term strategy called “SHIFT 2025 and Beyond.”

Since the beginning of this year, the company’s stock has experienced a significant increase of nearly 33%. As a result, the current market value stands at approximately ¥684.1 billion.

On June 3rd, Snow Peak opened its first Snow Peak Cafe in China, as well as its sixth store, in Ziyang Mountain Villa, Mentougou, Beijing.

Currently, the Japanese tourism industry is shifting towards wealthier clientele because they are more willing to spend on high-end luxury goods and services.