As the pandemic restrictions are lifted, consumer demand in the Chinese market is starting to recover. LVMH has stated that it expects the Chinese market to drive growth in 2023.
The barricade of Louis Vuitton signifies the entry of the first luxury brand into Haikou’s Mixc.
In the central area of the North District Square, two adjacent standalone buildings are nearing completion behind red hoardings.
Karl Lagerfeld China has accumulated a total loss of over RMB 100 million in the past five years.
Luxe.CO has compiled a summary of the performance of Hang Lung Properties’ 7 high-end shopping malls.
The new FREITAG store is located in a 1980s building on Lane 319 Jiaozhou Road, far from the busy commercial areas of West Nanjing Road and West Beijing Road in Jing’an District, and surrounded by ordinary residential houses.
The conditions for the acquisition have been met and the parties are in the process of completing the relevant procedures for the transaction.
Expanding its retail network in new cities with caution and opening one new boutique store per year in a new city to increase its brand influence in China are two top priorities for Hermès in the Chinese market.
Compared to last season, this season’s MODE exhibition saw a whopping 59.04% increase in attendance and a significant rise of 49.8% in the number of buyers.
Suzhou Yanlord Cangjie, set to open in the third quarter of 2023, has partnered with four major brands under the OTB Group – Maison Margiela, JIL SANDER, MARNI, and DIESEL – to establish pop-up experiential stores.