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.
GetHarley positions itself as an affordable customized solution, bridging the gap between consumers and qualified skincare experts, including dermatologists and plastic surgeons, while also providing personalized skincare products.
For McLaren, China stands as one of its most crucial strategic markets. In terms of sales, China already ranks as McLaren’s second-largest market globally, with McLaren’s GT sports cars leading as the top-selling model worldwide.
