Following the tours in Tokyo, Paris, Taipei, Los Angeles, and Hong Kong, the enchanting theater production of “On the Wings of Hermès” embarks on its global journey and arrives in Shanghai.
The demand in the Chinese luxury goods market is recovering, but the pace of recovery may not be as fast as anticipated.
Max Mara, Bottega Veneta, Versace, Valentino, and other luxury brands are currently undergoing construction in the north area of Sanlitun Taikoo Li.
From October 16, 2023, to October 31, 2023, the Luxe.CO Biweekly Ranking has compiled a total of 40 updates on 30 luxury brands in the Chinese market.
From pandas, bamboo, and old houses to the Sanxingdui site, luxury brands like Hermès, Louis Vuitton, Loewe, and Arc’teryx are embracing creativity in Chengdu.
Hermès is often regarded as a “luxury trendsetter,” and the information shared by its executives holds significant reference value for understanding the ever-evolving luxury industry.
Hermès employs nearly 20,000 employees worldwide, with approximately one-fourth of them being leather craftsmen.
From September 1, 2023, to September 15, 2023, the Luxe.CO Biweekly Ranking compiled a total of 44 updates from 41 luxury brands in the Chinese market. These updates encompass marketing activities (14), store expansions/renovations (15), pop-up store launches (14), and online channel developments (1).
From January to August this year, a total of 18 luxury brands have upgraded 21 stores in Beijing, including both new stores and renovated old ones.
From 2022 to the present (18 months), luxury brands have strategically positioned themselves in the four central cities of the Greater Bay Area – Shenzhen, Guangzhou, Hong Kong, and Macau.
