Compared to 2023, Lao Pu Gold added seven new stores and upgraded or expanded four existing stores.
“If you want to be a brand truly rooted in the Chinese market, you absolutely cannot ignore the ‘other half’ of the Chinese market beyond physical stores.”
In the third fiscal quarter, all Richemont business segments showed significant sales improvement compared to the first half of the fiscal year.
The “beauty of China” is a profound and bou […]
What Underpins Wellendorff’s Low-Profile Confidence and Long-Term Vision?
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The Hanfu Bo Bo Pendant is limited to just 18 pieces globally.
Chow Tai Fook plans to open a new five-story store in Shanghai in 2025, which will also be the group’s first flagship store in the Chinese Mainland.
The Chinese market is the company’s most significantly declining market.
At constant exchange rates, sales in the Asia-Pacific region contracted by 18%. Although certain markets, including South Korea and Malaysia, experienced growth, combined sales in the Chinese Mainland, Hong Kong, and Macau declined by 27%.
