Wangfujing’s duty-free business generated revenue of ¥136 million with a gross profit margin of 13.46%. Currently, it accounts for 2.05% of the total revenue.
In the first half of the year, Karl Lagerfeld China saw a growth of 36.7% in revenue, reaching 170 million yuan. The net profit turned from a loss to a gain, reaching 15 million yuan.
Maison Francis Kurkdjian’s CEO Marc Chaya in an exclusive interview with Luxeplace.com.
The proportion of consumers planning to increase expenditures and “upgrade” to more expensive brands in the next six months has seen an increase.
Between 19-25 August 2023, Luxe.CO Tong released a total of 474 news articles involving 397 brands, 71 commercial centers, and 64 cities.
Pop Mart’s overseas business revenue soars by 140% in the first half of the year!
LVMH Chairman Arnault once stated that CELINE is among the fashion brands with the highest growth rate worldwide.
From January to August this year, a total of 18 luxury brands have upgraded 21 stores in Beijing, including both new stores and renovated old ones.
ANTA Group’s net profit surges by 40% in the first half of the year!
Luxe.CO Intelligence presents our research findings and sit down with representatives from Biologique Recherche and Chantecaille.