Casetify Launches Shanghai Pop-up, Chanel Reports Drop in Profit and Amer Sports Lifts 2025 Outlook

Casetify Launches Travel-Themed Pop-Up in Shanghai Featuring Luggage Series

From May 15 to June 2, Casetify is hosting a limited-time pop-up at Shanghai’s Jing’an Kerry Centre, inspired by an airport departure lounge. The event showcases the new Casetify Travel Shock-Resistant Luggage Collection, with interactive displays such as live durability testing, custom boarding pass printing, and photo zones. Celebrities and designers were invited to personalize luggage pieces, highlighting the brand’s focus on travel, individuality, and tech-infused lifestyle design.

Chanel Reports 28 Percent Drop in Profit Amid Market Challenges

Chanel’s net profit for 2024 dropped by 28.2 percent to $3.4 billion, with global revenues falling 5.3 percent to $18.7 billion due to challenging market conditions. Sales in North and South America decreased by 4.3 percent, and those in the Asia-Pacific region dropped by 9.3 percent. Despite these setbacks, Chanel made record investments, including acquiring properties in Paris and New York, and expanded its store network, notably in China.

Trip.com Releases 2025 Dragon Boat Festival Travel Trends

Trip.com’s 2025 Dragon Boat Festival travel report shows that 50 percent of domestic travelers are opting for local and nearby trips, with interest rising in short getaways, cultural experiences, and family activities. The overlap with Children’s Day has boosted family travel demand, while pet-friendly travel continues to grow. Inbound tourism is gaining momentum with increased hotel searches from international visitors, and outbound travel favors nearby destinations like Japan, Korea, and Thailand.

Bilibili Reports Strong Q1 2025 Earnings with 24 Percent Revenue Growth

Chinese streaming platform Bilibili reported a 24 percent year-on-year revenue increase to RMB 7 billion for Q1 2025. The company saw a 58 percent rise in gross profit to RMB 2.54 billion, driven by rapid growth in its high-margin advertising and gaming businesses. Adjusted net profit reached ¥360 million, marking continued profitability. User engagement also saw significant growth, with daily active users hitting 107 million and monthly active users reaching a record 368 million. The company ended Q1 with RMB 17.4 billion in cash and short-term investments.

Timberland Appoints Former Dr. Martens Creative Director

Timberland has named Darren McKoy, former creative director at Dr. Martens, as its new global VP of product design and creative direction. McKoy returns to VF Corp, having previously worked at The North Face as EMEA product manager. Before Dr. Martens, he held roles at Adidas, Asics, and Mamas & Papas. McKoy’s appointment follows Timberland’s February hire of Drew Villani as global creative director, marketing, signaling the brand’s strengthened creative leadership.

Amer Sports Lifts 2025 Outlook as Arc’teryx and Salomon Sales Drive Growth

Amer Sports reported a 23 percent year-on-year revenue increase in Q1 2025, led by strong demand for Arc’teryx and Salomon products. Technical apparel revenue rose 28 percent to $633 million, while outdoor performance grew 25 percent to $502 million. The company raised its full-year guidance, projecting 15–17 percent revenue growth. CFO Andrew Page noted tariffs would have a minimal impact on profits. Shares rose over 19 percent following the report.

Guerlain Opens Largest-Ever Fragrance Exhibition in Shanghai

French luxury house Guerlain has launched its largest fragrance-themed exhibition in Shanghai. The exhibition spans four immersive halls exploring the brand’s nearly 200-year history, including archival scents, virtual ecological installations, and a multi-sensory symphony developed with IRCAM. Highlights include the debut of limited-edition perfumes and iconic bottle designs. The exhibition invites visitors to reflect on the future of fragrance through scent, sound, and visual storytelling.

Proya Considers Overseas Acquisitions

At its 2024 annual shareholders’ meeting, Proya’s Chairman Hou Juncheng announced plans to pursue acquisitions through its Paris office to enter the baby care, fragrance, and men’s skincare markets. The company intends to introduce the acquired brands to the domestic Chinese market following the deals.