As Citang Street in Chengdu officially opened its doors, it has become a favored destination for a series of beloved fashion lifestyle brands, attracting the attention of the public.

Between 15-21 July, Luxe.CO Tong released a total of 570 news articles involving 397 brands, 115 commercial centers, and 62 cities.

Luxe.CO Founder’s Talk sets off! Luxe.CO had an in-depth conversation with Luo Yuan, the co-founder of RE Riding is Living, a lifestyle cycling brand.

Chinese innovative electrical brand “Deerma” debuts on the ChiNext board with a market capitalization of 6.8 billion yuan.

Anta and FILA brands accelerate growth, DESCENTE and KOLON SPORT maintain high growth.

Hengli Group operates through four main entities: Jiangsu Hengli Chemical Fiber, Jiangsu Deli Chemical Fiber, Kanghui New Material Technology, Jiangsu Hengke New Material.

“Going global” has been the core strategic focus of KORRES in recent years.

For major brands, the gold rush presents four significant “new” opportunities that cannot be ignored in brand building: new target audiences, new wearing preferences, new craftsmanship styles, new brand positioning, and new opportunities to capture consumers’ mindshare.

From July 1st to July 15th, 2023, the Luxe.CO Biweekly Ranking featured a total of 42 updates from 30 luxury brands in the Chinese market. These updates included 11 marketing highlights, 7 store expansion/renovation updates, 20 announcements of pop-up store openings, 1 update on online channel expansion, and 3 endorsements by Chinese celebrities.

The opening of new stores by the company has led to improved sales, and there has been some optimization in expense ratios.