Sales – Page 14 – Beautifaire

4 Apr

Golden Goose Reaches Sales Benchmark of 500M Euros

MILAN – The 12 months 2022 was “unforgettable” for Golden Goose, in accordance with chief executive officer Silvio Campara. Within the 12 months ended Dec. 31, the Italian company saw its revenues climb 30 percent to 500.9 million euros, compared with 385.6 million euros in 2021. Compared with 2020, sales soared 88 percent. Growth was driven largely by the expansion and strong performance of direct-to-consumer channels within the Americas, now the most important and fastest growing market, and within the Europe, Middle East and Africa region. In light of this strong performance, Campara said “that is only the start. The incredible results we achieved in 2022 prove the value of our people in constructing long-term and sustainable visions. In 2023 we’ll carry on crafting our successes through latest product launches, latest places to connect with communities, and an progressive platform” to rejoice them each. Market sources in...

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1 Apr

Fashion Sales Soar at John Lewis Despite the Company’s Losses

by Beauty Tips

Fashion, Featured

Fashion Sales Soar at John Lewis Despite the Company’s Losses

LONDON — British retail giant John Lewis and supermarket Waitrose, owned by the John Lewis Partnership, is undergoing internal changes in line with speculations from British tabloid newspapers after a shaky 12 months. The corporate has warned of potential job cuts and has scrapped its staff bonus after a 230-million-pound loss consequently of inflation and energy bills within the U.K. The 2022-23 fiscal 12 months results showed that John Lewis and Waitrose group sales were 12.25 billion kilos, a 2 percent dip from the previous 12 months. As an entire, the group reported a 78-million-pound loss. John Lewis sales rose by 16 million kilos on a like-for-like basis with last 12 months, but its overall sales only rose by 0.2 percent in total. Dame...

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30 Mar

Chinese Consumers to Drive Luxury Sales within the Middle East

by Beauty Tips

Fashion, Featured

Chinese Consumers to Drive Luxury Sales within the Middle East

SHANGHAI — Based on a recent report from Barclays, a healthy luxury consumption rebound within the Middle East might be partly fueled over the approaching months by China‘s reopening. “We expect Chinese tourists to supply a lift to Middle East luxury sales over the subsequent six to 12 months, which ought to be visible from the second quarter onward,” Barclays wrote within the report. “We estimate that Chinese tourism contributed around 10 to fifteen percent of luxury sales in Dubai pre-pandemic,” the report continued. “Taking a look at flight data, it is evident that travel from mainland China toward Dubai is recovering at a much faster pace than toward Europe since year-to-date, because of higher flight capability and targeted marketing campaigns from...

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27 Mar

How AI Can Revolutionize The Fashion And Beauty Industries

by Beautifaire101

Beauty, What's The Tea

'How AI is revolutionizing the fashion and beauty industries." How AI Can Revolutionize The Fashion And Beauty Industries Artificial intelligence (AI) is rapidly transforming various industries, and the fashion and beauty sectors are no exception. AI-powered technologies are being used in everything from product design to supply chain management, and the possibilities for the industry are endless. In this article, we'll explore how AI could revolutionize the fashion and beauty industries and what it means for the future of these sectors. Design and Production One area where AI could make a significant stride is in product design and production. AI-powered algorithms can be used to predict fashion and beauty trends, create designs, and generate patterns. Brands can use AI...

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