According to the current schedule, over 100 fashion brands are participating in London Fashion Week, including well-known names like Burberry, JW Anderson, Simone Rocha, as well as the winners of prestigious awards such as the BFC/Vogue Designer Fashion Fund recipient 16Arlington, the 2023 BFC Fashion Trust Award winner Chopova Lowena, Molly Goddard, and the brand Labrum London, which received the Queen Elizabeth II Award for British Design earlier this year.
The sales in the US market experienced a significant year-on-year surge of 52%, reaching £653 million, which accounted for 42% of the group’s total revenue.
The sales in the UK market specifically experienced a decline of 10%.
Over the course of three years, Castore has achieved an impressive annual sales growth rate of 285.80%.
Benefiting from the improved market conditions in China in recent months, as well as the growth of the DTC (direct-to-consumer) model and brand awareness, the group’s performance in the second half of the year improved, recording a 9% year-on-year growth.
The William Wood Watches collection ranges in price from £520 to £2,525 and has been available for purchase on all Watches of Switzerland e-commerce platforms since late May.
This funding will provide the brand with sufficient liquidity to sustain its recovery strategy.
Aston Martin, the British luxury car brand, has signed a partnership agreement with Lucid, the American electric vehicle manufacturer!
Meanwhile, the Christopher Kane brand is also actively seeking refinancing or sale options.
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