Chinese consumers’ enthusiasm for purchasing luxury goods overseas is gradually rekindling. However, factors such as increased overseas travel costs and further improvements in the domestic luxury goods consumption environment have prevented overseas luxury shopping from returning to pre-pandemic levels.
Other honorees include Kenya Hara, recipient of the DFA Lifetime Achievement Award, and Victor Lo, who won the DFA Design Leadership Award.
Saucony became the first profitable new brand under the Xtep Group in the first half of 2023.
“Chanel in 2023” has gathered a total of 258 major events that occurred from January 1, 2023, to December 18, 2023, both domestically and internationally.
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).
Torstein Hagen, the founder and chairman of Viking Cruises, participated in 16th China Cruise Shipping Conference & International Cruise Expo.
“If Adidas wants to win over more consumers, we need to introduce more mass-market (go down) products without losing high performance,”
According to the “China Premium Fragrance Brands Power Ranking” published by Luxe.CO Intelligence, Melt Season ranked 20th among the most active high-end fragrance brands in the Chinese market.
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.
Lululemon is expected to open approximately 55 new stores globally in the 2023 fiscal year, with the majority of them planned for China.