Radiance will continue to indirectly hold a 42%–45% stake in Beijing SKP and will retain control over the company, which will maintain its pre-transaction operational and management structure.
As early as 2006, Li-Ning proactively released its first Corporate Social Responsibility Report.
In 2024, Youngor exited the real estate sector it had operated in for over 30 years and committed fully to the development of the fashion industry.
Recently, four international fashion brands have opened their first stores in the Chinese Mainland.
Luxury brands are moving beyond superficial symbolic expressions, striving to discover new perspectives and engage in deeper dialogue with Chinese consumers.
In 2024, cocoon sales generated RMB 846 million [approx. USD 117 million] in revenue for silkworm farmers in Ningnan County, with the overall industry output reaching RMB 3.184 billion [approx. USD 441 million].
The Chinese outdoor market continues to surge in popularity, prompting a new wave of international outdoor brands to enter and compete for market share.
In the first quarter of 2025, Luxe.CO Intelligence tracked and analyzed 105 major developments by luxury brands in the Chinese Mainland. From these, it selected five of the most exemplary cases that offer valuable insights for the industry, accompanied by exclusive commentary.
China Resources Land expects the number of operating shopping malls to increase to 116 by the end of 2028.
In 2024, Maogeping added new overseas distributors, including Sephora Hong Kong Cosmetics Co., Ltd.
