After the capital increase and delivery, Sanfo Outdoor will shift from exclusive agency to joint venture operation for Klättermusen, starting from January 1, 2024, with a joint venture period of ten years.
Saucony became the first profitable new brand under the Xtep Group in the first half of 2023.
Youngor has changed its Chinese name from “Youngor Group Co., Ltd.” to “Youngor Fashion Co., Ltd.”
In the first half of the 2023/2024 fiscal year, Snow Flying, a subsidiary of Bosideng, saw its revenue soar by 52.2% year-on-year, leading the way among the Bosideng Group.
Yatsen Global’s Third Quarter Net Revenue Meets Expectations, Stock Price Soars by 12%.
GIC’s ownership stake in Li-Ning has increased from 4.81% to 5.11%.
The increase in Proya’s average selling price has driven the gross profit margin to achieve a historic high.
Li-Ning’s latest performance fell short of expectations, causing the stock price to drop by over 20%.
Jiangnanbuyi Group’s members who spend over 5000 RMB annually contribute to over 60% of offline retail sales.
Starbucks China Innovation and Technology Center is set to commence operations this September.
