China significantly disrupts Q3 results for Burberry
Burberry has reported its result for the third quarter of the 2023 financial year, achieving a 5% increase in retail revenue.
Read More...Burberry has reported its result for the third quarter of the 2023 financial year, achieving a 5% increase in retail revenue.
Read More...Prada has reported its financial results for the first half of the year, achieving a revenue increase of 22% to €1.9 billion.
Read More...Burberry Group has released its financial results for the first quarter of the 2023 financial year, achieving minor sales growth.
Read More...Building on the success of similar competitions in the Taiwan region, Italy and the United Kingdom, Mainland China concluded its first Real Leather.Stay Different design competition after an eight month delay due to the pandemic.
Read More...Retail comparable store sales for the British fashion brand declined 9% as planned reductions in markdown and reduced tourist traffic in outlets are reported to have offset high single-digit full-price sales growth.
Read More...Bluebell Group, a distributor of luxury, premium and lifestyle brands throughout Asia, is taking a minority stake in Translatio, a China based distributor. The partnership could create Asia’s most comprehensive omnichannel distribution network for the luxury sector of fashion and lifestyle products.
Read More...Comparable sales for the British luxury brand declined 45% in the first quarter, easing to -20% in June. Growth in Mainland China and Korea in June was allegedly ahead of pre Covid-19 levels, with sales of full-price leather goods up strongly in these regions.
Read More...The British fashion label has closed 24 of its 64 stores in Mainland China, with remaining stores operating with reduced hours and seeing significant footfall declines.
Read More...The luxury French brand has already updated the prices on its Chinese e-commerce platform and across its physical stores.
Read More...The world’s largest footwear manufacturer now prefers to relocate its production units in other South Asian countries.
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