Strong U.S., DTC Channel, Zegna Brand Drive Parent Zegna Group 2024 Sales
The group reported preliminary sales of 1.94 billion euros, up 2.2 percent on 2023, while navigating the challenges in China ...
Bloom and gloom: China’s Spring Festival flower sales hit by weak demand, warm weather
Lunar New Year botanical fairs see stall costs and plant prices plunge amid consumption woes in lead-up to holiday, boding poorly for domestic demand Lunar New Year, arguably China's biggest annual ...
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China becomes largest online retail market for 12 consecutive years
BEIJING -- China has become the world's largest online retail market for 12 consecutive years, with online retail sales ...
Shein exec says tariffs shouldn't impact its cheap clothes — as long as they're applied ‘equally'
When asked if Shein will still be able to provide its ultra-low prices if tariffs take effect, Tang didn’t address whether the company would raise prices.
Puma Lacks an Edge but Is an Established Player in the Expanding Global Sportswear Industry
We view Puma as a leader in global sportswear but do not believe it has achieved a competitive advantage. Since 2014, Puma’s annual sales have risen to nearly EUR 9 billion from EUR 3 billion as the ...
How ‘dupes’, fast fashion and China’s economic slowdown spell disaster for the luxury sector
Alarm bells are ringing across the high-end sector. 2024 did not end as luxury brands had hoped, and the figures published by ...
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China's retail sales of textiles and garments in Dec, 2024
China's retail sales value of consumer goods totaled 4. 5172 trillion Yuan in Dec 2024, up 3.7 % year on year. In Jan-Dec 2024, the cumulative retail sales of consumer goods amounted to 48. 7895 ...