Qeelin Archives - Inside Retail Asia
Kering sales growth significantly outpaced its rivals during the third quarter, up 27.6 per cent as reported.
Kering sales rocketed 36.5 per cent in the first quarter of this year, reaching €3.108 billion.
Kering revenues in Asia-Pacific, (excluding Japan), soared 34.4 per cent in the first half year.
Hong Kong-based Qeelin plans doubling its China store network, banking on increasing jewellery purchasing. The jewellery retailer plans to increase its network in mainland China to at least 24 stores over the next two years. Qeelin, founded by Chinese designer Dennis Chan and French entrepreneur Guillaume Brochard, who is also its CEO, is owned by luxury goods group PPR. It has 12 stores in China, seven in Hong Kong and two in Europe. Brochard says they see no signs of slowing demand fo…
Majority stake will fund expansion plan for Chinese jewellery brand.