After a breakout year, can Laopu Gold become China’s answer to Hermes?
On the same day, Laopu Gold disclosed financial results that many of its peers could only envy. For full-year 2025, it reported sales of RMB 31.375 billion (USD 4.6 billion), up 220.3% year-on-year (YoY), and revenue of RMB 27.303 billion (USD 4 billion), …