PARIS – Luxury goods rose on Thursday on the Paris bourse after China canceled its Rowing Blazers Launches Target Collection long-running group tour to more than 70 destinations, with immediate effect.
The gainer was LVMH Moët Hennessy Louis Vuitton, whose stock closed the day up 3.4 percent to 834.70 euros, while Hermès International stock rose 3.2 percent to 1,960.20 euros.
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China’s Ministry of Health and Tourism said on Thursday that it has lifted its travel ban for 78 destinations in the Asia-Pacific region, Europe, North America and Africa, three years after fighting to stop the spread of the coronavirus, in early 2020. .
Beijing suspended its zero-COVID-19 policy in December 2022, after which the following month allowed the group to visit 20 countries. That number expanded to 60 in March.
Other French luxury stocks that ended Thursday included Dior Couture, with a 2.7 percent increase to 781.50 euros, and Kering, with a 2.2 percent increase to 528.40 euros.
“Chinese people spent 70 percent of their luxury budget when traveling abroad before COVID [-19]. But we believe that some of that spending will be brought back to support China, there is still something like 50 percent of our spending expected to happen abroad because Chinese consumers benefit from [about] 30 percent lower tax benefits,” Maria Meiță Bernstein, a consumer goods expert, wrote in a research paper. “Our best choices in this situation are LVMH, Kering, Shiseido, and Estée [Lauder Cos.].”
Rowing Blazers Launches Target Collection Coins in Paris
On Thursday, luxury goods rose on the Paris Bourse after China canceled its long-running group tour to more than 70 destinations with immediate effect. LVMH Moet Hennessy Louis Vuitton and Hermes International saw a 3.4 and 3.2 percent increase in their stock prices, closing at 834.70 and 1,960.20 euros, respectively.
China Lifts travel ban
China’s Ministry of Culture and Tourism has announced the lifting of its travel ban for 78 regions in Asia-Pacific, Europe, North America, and Africa. This restriction was lifted in early 2020 to prevent the spread of the coronavirus. So, now Chinese tourists can visit America, Japan, South Korea, the UK, Germany, and Australia.
Blazers, an iconic New York brand, began with an idea for clothing. Since the start of 2017, RB has dominated the Ivy League with stylish rugby shirts and oxford buttons – but according to founder Jack Carlson, it’s brand directly borrows from beloved accessories such as Supreme, Noah, and Palace. In particular, Rowing Blazers has built a reputation as an exciting collaboration, producing close-knit work with the likes of Seiko, Gucci, Sperry, and stalwart New York bar Harry. Now, the surfers have hit their big catch: none other than mega store Target.
Rowing Blazers Launches its target collection.
“It’s an opportunity I’ve dreamed of for a million years,” said Carlson, who has relatives in the Midwest and knows the store’s name. and Turr-acquired culture. The Rowing Blazers x Target line will be the oldest collection. Spanning more than 100 products and expanding into styles beyond apparel. The first image of the collection shows the advanced preparation of the Rowing Blazers. The popular shirts, bright rugby shirts, and the sweatshirt with the word “MERE” emblazoned on the front, as a symbol of It is my beautiful school. I said. he hesitated to ask. The entire collection will be revealed in September and will be available in the country on September 23.
Carlson’s favorite thing is the opportunity to explore the sky and sail. Through the collaboration of Mission, Rowing Blazers dives into all new areas: children’s clothing, pet products, home accessories, outdoor sports, furniture – even a mini ping pong table. “I just get my creative vision,” says Carlson, “and there’s no end, ‘Well, we’re not going to be able to do this,’ or, ‘We don’t know what to do.’ .'” In the photo campaign, you can see some of the new products. The football belt that is mounted on the wing, the night table pads, the high quality pennant.
Special marines are a great next-target operator
The partnership between Target and the Rowing Blazers has been in the works for over a year. Carlson was excited to receive the first email from Target. But he didn’t get his hopes up too much about his products landing in stores across the country. Officials at Target said this was just an exploratory meeting, like the big box store with many manufacturers. But the seller sent a second email to Carlson confirming that they were interested in working together. Carlson said, “I’m very happy. The sailors join the ranks of Target’s many high-end designers, including Proenza Schouler, Sandy Liang, Lilly Pulitzer, and Phillip Lim.
Special marines are a great next-target operator
Partnering with Target is an opportunity for Carlson, giving the Mariners the ability to reach new audiences. “There will be millions of people seeing the original Rowing Blazers product or learning about the brand for the first time,” Carlson said. Due to the resources of Target, these items will be more expensive. Then the products of the Captain of the Rowing Blazers. According to Carlson, the price starts at $5, most items are less than $3 . And the clothes will – available in different combinations of different sizes. RB-size models can often be offered.
Despite several new positions being offered to him, Carlson did not repeat his plan. “It’s a great ending for the rowers,” Carlson said. “Educate them and invite them into the world of Rowing Blazers.”
