Manufacturing Scale And Unit EconomicsExpanded manufacturing capacity and improved unit economics provide room for volume growth and lower unit costs, supporting scalable margin improvement.
Pricing Power And Margin ResilienceStrong product positioning and price increases, supported by a favorable product mix, underpin margin resilience and the ability to pass costs to customers.
Retail Expansion And Store EconomicsExpansion of owned retail stores, including push into Asia Pacific, is strengthening direct-to-consumer sales and can lift profitability as mature stores typically deliver higher margins.