news
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POP MART’s Revenue Grew by 116.8% to RMB 1.773 Billion and its Memb...
POP MART (HK:09992), a pop culture toy retailer headquartered in Beijing, released its 2021 mid-term financial report on August 27. As a pioneer and major promoter of China’s pop culture, POP MART achieved RMB 1.773 in revenue in the first half of 2021, an ...
August 28,2021 -
DESCENTE: Became the New Growth Engine of ANTA Group
According to the 2021 Mid-term Performance Report of ANTA Group, its outdoor brands, including DESCENTE and KOLON SPORT, maintained fast growth and grew increasingly important to the group. In the first half of 2021, DESCENTE and KOLON SPORT achieved RMB 1 ...
August 28,2021 -
FILA: Reached a Wider Audience and Made a Breathrough in the Shoes ...
Since ANTA acquired FILA’s business in China in 2009, it has been expanding the brand’s business in Mainland China, Hong Kong, Macau and Singapore, and has successively launched FILA KIDS for children and FILA FUSION for young people. According to the 2021 ...
August 28,2021 -
The ANTA Brand: Switched to DTC and Kept Increasing Investment in P...
According to the 2021 Mid-term Performance Report of ANTA Group, the ANTA brand has achieved a revenue of RMB 10.578 billion in the first half of 2021, an increase of 56.1% year-on-year and accounting for 46.4% of the overall revenue of the group — a growt ...
August 27,2021 -
ANTA Group Surpassing Adidas for the First Time in the Chinese Market
ANTA Sports Products Limited (2020.HK) released the 2021 Mid-term Performance Report on August 24. As of June 30, 2021, the group’s revenue reached RMB 228.1 billion, an increase of 55.5% and 54% over the same periods in 2020 and 2019, respectively. Net pr ...
August 26,2021 -
Swiss Sports Brand On: From Zero to USD 4 Billion in a Decade with ...
Swiss sports brand On, which has a close relationship with tennis superstar Roger Federer, filed an application for an IPO with the US Securities and Exchange Commission on August 23. Its Class A ordinary shares are expected to be listed on the NYSE under ...
August 24,2021 -
A Firsthand View of the Luxury Retail Stores at Chengdu Tianfu Inte...
With Chengdu Tianfu International Airport going into operation on June 27, 2021, Chengdu becomes the third city with two airports in Mainland China after Beijing and Shanghai. A few days ago, Luxe.CO’s reporter paid a visit to the new airport and had a fir ...
August 5,2021 -
Chinese Menswear Brand LILANZ: Operating Cash Flow Increased 27% in...
LILANZ, a Chinese menswear brand listed on Hong Kong Stock Exchange (stock code: HK1234), released the 2020 Performance Report on March 18, 2021, according to which the company had kept cash flow strong, resumed retail sales growth in the second half of th ...
March 20,2021 -
China To No Longer Require Animal Testing on Imported General Cosme...
A long-awaited revision to China’s animal testing rules for cosmetics was finalized Thursday, according to documents released by the National Medical Products Administration (NMPA), with imported general cosmetics to be exempted from undergoing animal test ...
March 10,2021 -
UK Premium Skincare Brand Eve Lom Acquired by Owner of Perfect Diary
The owner of C-Beauty brand Perfect Diary announced on March 2 that it is acquiring Eve Lom, a UK-based premium skincare brand from Manzanita Capital, which will retain a minority stake in the business and enter into a strategic partnership with Yatsen. Th ...
March 3,2021 -
From Shiseido to Japanese Dessert Tea House, Multiple Japanese Cons...
The first China International Consumer Products (CICP) Expo will be held at the Hainan International Convention and Exhibition Center between the 7th and 10th of May, 2021. This will be the first national exhibition focused on consumer products. The layout ...
February 27,2021 -
What technology did Estée Lauder, L'Oreal and Shiseido bring to the...
From November 4 to 10, 2020, the third China International Import Expo (hereinafter referred to as the CIIE) was held in Shanghai. Luxe.CO’s special report team went behind the scenes at the CIIE to reveal the latest ingenuity and technological innovations ...
November 20,2020 -
Five Important Trends brought by the Eight Fashion Giants at the CIIE
From November 4 to 10, 2020, the third China International Import Expo (hereinafter referred to as the CIIE) was held in Shanghai. Luxe.CO’s special report team went deep into the scene and successively presented the latest ingenuity and technological inno ...
November 12,2020 -
What surprises did Richemont, Kering, and Fosun Fashion bring to th...
From November 4 to 10, 2020, the third China International Import Expo (hereinafter referred to as the CIIE) was held in Shanghai. Luxe.CO’s special report team went deep inside the CIIE to present you with the latest ingenuity and technological innovation ...
November 8,2020 -
Luxe.CO List | Ranking of Top Ten Luxury Brands: Who has the Best D...
From Paris Haute Couture Fashion Week and Paris Menswear Week to Milan Fashion Week, COVID-19 has moved these top events in the global fashion industry “online”. Luxury brands have demonstrated their magic and launched colorful digital fashion conferences. ...
July 27,2020 -
Getting to Know Three Chinese Women Who Sit on the Boards of Wester...
The announcement that Jean Liu, President of Didi Chuxing of China, had been appointed to the board of French luxury giant, the Kering Group, on June 17, 2020, attracted widespread attention in the industry. In an email in response to Luxe.CO, a spokespers ...
June 25,2020 -
Luxe.CO China Investment Weekly March 28 to April 03, 2020
Since 2016, Luxe.CO has regularly released "Luxe China Investment Weekly", a compilation of investment and financing news across the fashion and lifestyle industries in China. It includes fashion brands, fashion e-commerce, beauty & skincare, food & ...
April 4,2020 -
Luxe.CO China Investment Weekly March 21 to 27, 2020
Since 2016, Luxe.CO has regularly released "Luxe China Investment Weekly", a compilation of investment and financing news across the fashion and lifestyle industries in China. It includes fashion brands, fashion e-commerce, beauty & skincare, food & ...
March 27,2020 -
Beijing’s SKP-S Is Creating The Biggest Pop-up Store Ever!
Beijing SKP recently created a new shopping space called SKP-S, which may be the biggest pop-up store ever with the entire mall and all the brands in it engaged in a bold experiment. Beijing SKP is breaking all stereotypes of luxury retail with even the to ...
March 17,2020 -
Why Annoushka Entered China Market with Chow Tai Fook?
At this stage, the Chinese jewelry industry still consists of single-brand stores taking the lead, supplemented by brand collection stores. However, with more and more local and overseas new and cutting-edge brands entering the high-demand Chinese consumer ...
March 12,2020