China Resources Land expects the number of operating shopping malls to increase to 116 by the end of 2028.

Hermès now has 34 boutiques in the Chinese Mainland.

Youngor Group refers to the multi-brand, multi-store setup it has established at Chongqing MixC as the “Chongqing MixC Model.”

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 2024, the group plans to open approximately 16 new shopping centers in Beijing, Shenzhen, Nanjing, Xi’an, Changsha, Zhengzhou, and other locations. It is estimated that by the end of 2027, the number of operational shopping centers will increase to 117.

The barricade of Louis Vuitton signifies the entry of the first luxury brand into Haikou’s Mixc.