In 2020, DVF shifted to a digital-first, China-centered wholesale strategy and signed a global business licensing agreement with Glamel, entrusting them with the responsibility for the brand’s production and sales.
Tapestry Group’s fiscal year 2024 sales revenue grew by 1% on a constant currency basis, with Coach’s sales surpassing $5 billion for the first time, setting a new record.
“China has long been an important market in VF Corporation’s global strategic landscape.”
Brooks Running has maintained the top market share in the U.S. adult performance running shoe market for 10 consecutive quarters and held the leading market share in the U.S. specialty footwear retail market in the first half of 2024.
Luxeplace.com’s on-site visit to explore how Hermès consistently strengthens its localization strategy.
Versace Capri Group’s Italian luxury brand Versac […]
lululemon CEO stated, “In terms of brand awareness, except for the domestic market in Canada, our independent brand awareness in every country/region we operate in is still very low.”
The CEO stated that the Chinese market has significant growth potential in store expansion, digital business, and brand awareness.
The group is confident about the acquisition of Capri and is committed to actively addressing the lawsuit filed by the Federal Trade Commission, striving to complete the acquisition transaction by 2024.
Editions de Parfums Frédéric Malle Recently, Frédéric M […]
