Since the beginning of this year (January to December 2023), a total of 65 luxury brands have collectively opened 89 different types of “First Stores” in mainland China.

After the capital increase and delivery, Sanfo Outdoor will shift from exclusive agency to joint venture operation for Klättermusen, starting from January 1, 2024, with a joint venture period of ten years.

In the past year (November 2022 – October 2023), Luxeplace.com recorded 448 marketing initiatives and channel expansion movements from 151 Chinese designer brands in its “Chinese Designer Brand Monthly Watch.”

“I first came to China when I was 25 years old, and of course, I love Shanghai,” said Miuccia Prada, aged 74, at the opening of the Pradasphere II exhibition in Shanghai.

Based on the 113 valid questionnaires collected this time, Luxe.CO Intelligence has specially created 6 charts.

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).