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.
From May to June 2024, Luxe.CO Intelligence recorded 485 significant updates from 210 high-end beauty and fragrance brands/companies.
Luxe.CO Intelligence conducted a study on 218 developments from 105 luxury brands in the Chinese Mainland during the second quarter of 2024 and selected the top five cases for industry reference, providing exclusive insights.
Luxeplace.com’s on-site visit to explore how Hermès consistently strengthens its localization strategy.
In addition to the stores at the Peninsula Beijing and SKP, Hermès also has a boutique located at China World Mall in Beijing.
From March 16 to April 2, 2024, the 【Luxe.CO Biweekly Ranking】 included 30 brand activities
Louis Vuitton’s new flagship store in Bangkok is named Louis Vuitton The Place Bangkok. It is a brand-new concept store and marks the sixth Louis Vuitton store in Thailand. With the opening of this store, Thailand has become the country with the most Louis Vuitton stores in Southeast Asia.
Axel Dumas, who has led Hermès for ten years, rarely shares his latest views on the entire luxury industry and the Chinese market, and provides a detailed analysis of the company’s long-standing development strategy.
French luxury giant Hermès is expanding its store in on […]
From December 1, 2023, to December 15, 2023, the [Luxe.CO Biweekly Ranking] recorded 37 updates from 24 luxury brands in the Chinese market. This includes marketing dynamics (10), store expansions (13), pop-up store openings (11), and endorsement appointments (3).
