In December 2023, the third flagship store worldwide was opened in Ximending, Taiwan, with record-breaking sales on its opening day.

The company completed a comprehensive upgrade in all aspects including products, channels, and brand, transforming into a stronger enterprise from the inside out.

Brunello Cucinelli’s outlook suggests that the company’s full-year revenue for 2024 is expected to grow by approximately 10%, while maintaining a healthy and balanced profitability.

Swire Properties plans to double the total floor area in the Chinese Mainland by 2032.

The Asia/Pacific region led the growth with a 13.6% (ca) increase in sales. 

In 2023, Longchamp also renovated its online store. The brand’s online sales increased by 56% in 2023.

Axel Dumas, who has led Hermès for ten years, rarely shares his latest views on the entire luxury industry and the Chinese market, and provides a detailed analysis of the company’s long-standing development strategy.

Based on the data from January, the growth in Swiss watch exports is showing a slowdown but remains at a “significant level.”

Despite a weaker market environment in the second half of 2023, Lanvin Group, in a year of transformation, achieved overall growth: sales for the full year 2023 increased by 1% year-on-year.

In January 2024, the actual sales volume in the mainland China market was very optimistic, and the group was very satisfied.