Golden Goose Q1 Revenues Up, Arket to Open Second Shanghai Store and LVMH Considers Price Hike

Hotel Investment Surges in China, Led by Tier-1 Cities

China’s hotel investment market is gaining momentum, with 283 deals recorded nationwide so far this year. Tier-1 cities accounted for 37 percent of transactions, while East China led regionally with 55 percent. From 2015 to 2024, total hotel investment reached 168.5 billion RMB, with Shanghai leading recent activity. New Tier-1 cities are also attracting growing investor interest. Increased transactions are driven by asset holders’ liquidity needs, shifts in real estate trends, and a rebound in travel demand.

Chinese Designers to Showcase at Paris Fashion Week Men’s SS26

The Fédération de la Haute Couture et de la Mode has released the preliminary schedule for Paris Fashion Week Men’s Spring/Summer 2026, set for June 24–29, 2025. The week will feature 40 runway shows and 30 presentations. Five Chinese designers—Ziggy Chen, Sean Suen, Feng Chen Wang, Sankuanz, and returning label Namesake—are included in the official lineup. Their participation highlights growing global recognition for Chinese menswear design.

Arket to Open Second Shanghai Store as China Expansion Continues

Swedish lifestyle brand Arket will open a new store in Shanghai’s iapm Mall in fall 2025, marking its second location in the city and fifth in China. Founded in 2017, Arket combines fashion, homeware, and food in a Nordic-inspired retail concept. The new store will offer men’s and women’s ready-to-wear, accessories, and home goods. The expansion aligns with Arket’s strategy to strengthen its presence and accessibility in the Chinese market.

Golden Goose Q1 Revenues Up 12 Percent, IPO Delayed Amid Market Volatility

Italian sneaker brand Golden Goose reported a 12 percent year-on-year rise in Q1 revenues to 164.5 million euros, supported by strong sales in EMEA and new store openings. Direct-to-consumer sales accounted for 76 percent of total revenue. The company ruled out an IPO in 2025 due to market volatility but remains open to M&A. US tariffs are expected to have limited impact under the first sale rule.

LVMH Considers Modest Price Hike Amid Tariff Uncertainty

LVMH may raise prices of high-end products by 2–3 percent annually without significantly impacting demand, according to Deputy CEO Stéphane Bianchi. Price increases on beauty and cognac lines are seen as less feasible. Executives noted softer spending from Chinese consumers but early signs of recovery in the US market, while ongoing trade tensions continue to pose challenges.

Elf Beauty Acquires Rhode Brand Amid 28 Percent Annual Sales Growth

Elf Beauty reported a 28 percent year-over-year increase in net sales to $1.3 billion, driven by growth in both US and international markets. The company also announced the $1 billion acquisition of Hailey Bieber’s Rhode brand to expand into the prestige beauty segment. Fourth-quarter growth slowed to 4 percent, and annual net income declined to $112.1 million. Bieber will remain involved as Rhode’s founder and strategic advisor.

Capri Holdings to Focus on Michael Kors Turnaround

Capri Holdings reported a $645 million Q4 net loss and a 15.4 percent revenue drop to $1 billion, citing strategic missteps and a challenging retail environment. The company plans to sell Versace to Prada for $1.4 billion to reduce debt and support brand reinvestment. Capri aims to revitalize Michael Kors and Jimmy Choo, forecasting $3.3–$3.4 billion in FY26 revenue. Leadership highlighted improving retail trends and a store renovation strategy for Kors.

Marcolin Extends Global Eyewear Licensing Deal with Adidas Through 2032

Marcolin and Adidas have extended their global eyewear licensing agreement through 2032, covering both Adidas Sport and Adidas Originals lines. The renewed partnership continues the collaboration that began in 2020, with Marcolin designing, producing, and distributing Adidas-branded eyewear worldwide. The Sport line focuses on high-performance designs for athletes, while the Originals collection blends streetwear aesthetics with lifestyle functionality. Both companies emphasized shared values around innovation, sustainability, and product excellence.