Max Mara, Bottega Veneta, Versace, Valentino, and other luxury brands are currently undergoing construction in the north area of Sanlitun Taikoo Li.

Based on data from Luxe.CO Tong, Luxe.CO Intelligence has exclusively created four charts to provide insights into the significant trends of luxury brands in Hangzhou over the past year.

During the reporting period, the group also initiated a stock buyback plan, repurchasing approximately 5.7 million common shares for approximately $300 million in the open market.