The increase in Proya’s average selling price has driven the gross profit margin to achieve a historic high.

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.

Duplaix also acknowledged that the performance of the Chinese market has not actually reached the levels predicted earlier this year.

Li-Ning’s latest performance fell short of expectations, causing the stock price to drop by over 20%.

Anping Bridge was built during the Southern Song Dynasty and stands as the longest existing ancient sea-crossing stone bridge in China. It also held the distinction of being the world’s longest sea-crossing stone bridge during the medieval period. The bridge played a vital role in connecting the Maritime Silk Road, making it a crucial part of history. It is included in the first batch of national key cultural relics protection units and listed in the World Cultural Heritage List.

According to data compiled by Luxe.CO Tong, from January 2022 to September 2023, a total of 23 luxury brands have opened 26 stores in Hong Kong.

Luxe.CO Intelligence, the fashion industry research org […]

The China Luxury Brands Vitality Ranking White Paper for the first half of 2023, covers the period from January 1, 2023, to June 30, 2023. It includes statistical data from 93 luxury brands, comprising a total of 462 dynamic events. Please note that this report does not include dynamics from the beauty and personal care fragrance category.

This article has selected quotes from 11 executives of these 11 brands, providing insights into their understanding of Chinese consumers and niche markets.

From October 1, 2023, to October 15, 2023, Luxe.CO Biweekly Ranking has compiled a total of 27 updates from 18 luxury brands in the Chinese market. These updates include marketing initiatives (10), store expansions (9), opening of pop-up stores (7), and the appointment of brand ambassadors (1).