The provisional estimate of Hong Kong’s total retail sales value for June is HKD 29.9 billion.

Chinese menswear brand LILANZ participated as a strategic menswear partner, exploring the enchanting natural landscapes and rich cultural history along the route, witnessing the exchange of civilizations on the Silk Road.

According to statistics from Luxeplace.com, from January 2023 to July 2024, the Luxe.CO Luxury Stock Index decreased from 249.1 to 226.7, a decline of 9.0%. Contrary to many expectations, the global luxury market did not experience a resurgence.

In a more challenging macroeconomic environment, all regions continued to show strong growth momentum, except for Asia, which was impacted by the decline in foot traffic in the Greater China region.

Sergio Rossi Italian luxury footwear brand Sergio Rossi […]

Retail value in the Chinese Mainland declined by 18.6% year-on-year, accounting for 87.8% of the group’s retail value.

Chanel Beauty Anne Kirby, President of Chanel Parfums e […]

The business environment in the Chinese market remains challenging.

In the first half of the year, Hang Lung Properties’ overall rental income and tenant sales in the Chinese Mainland decreased by 3% and 13%, respectively, when measured in RMB.

Both brands under the group achieved strong growth in the DTC channels across all markets.