The beloved L'Occitane, favored by the wealthy women in the county, is delisted.
The Chinese market has seen a significant decline.
The soaring gold price did not lift chow tai fook.
Consumer rationality has increased.
A difficult Q2 report card for luxury goods: zero revenue growth, price increases and promotions together, with Hermès "holding up the roof".
Bank of America Merrill Lynch stated that the second-quarter weighted average income of the luxury goods industry recorded zero growth, the lowest in fifteen quarters, and also showed trends such as brand polarization, negative growth in hard luxury income, and deteriorating demand in the USA.
Han Shu has topped the Douyin beauty ranking for 6 consecutive months, and its net income in the first half of the year on the US stock market soared by 308.7%.
Shangmei Corporation achieved revenue of 3.502 billion yuan in the first half of the year, an increase of 120.7% year-on-year; achieved net income of 0.412 billion yuan, an increase of 308.7% year-on-year; and gross margin reached 76.5%, an increase of 7.5 percentage points year-on-year.
Chow Tai Fook Jewellery Group Limited Goes Ex Dividend Tomorrow
61% premium! L'Occitane announced privatization, ending 14 years of Hong Kong stock listing history
Following the suspension of trading on April 9, L'Occitane shares are expected to resume trading on April 30. L'Occitane Chairman Geiger decided to privatize L'Occitane at a premium of 61% higher than the average price in the 60 days before the public offer. If the acquisition is successful, L'Occitane will be delisted from the Hong Kong stock market, ending its 14-year listing history. On April 30, L'Occitane surged nearly 13%.