“Worth Every Glance” 2026 Xiaohongshu Luxury Summit was held at the Waldorf Astoria Shanghai.

Incense sticks are evolving into an important medium for daily rituals and emotional healing in modern urban life.

Supported by strong traffic conversion in the Chinese Mainland market, comparable sales in the Asia Pacific region achieved double-digit growth.

Growth across sub-regions and channels in the Asia-Pacific market was well balanced, with Greater China significantly outperforming the regional average.

Can a fine jewellery brand become one of the most fitting contemporary storytellers of cultural heritage? And how should a brand rooted in Eastern culture give back to this fertile aesthetic soil?

For the full fiscal year, sales in Greater China increased by 4%. In the second half, sales rose by 8%, offsetting the decline in the first half, while the fourth quarter recorded a 10% increase supported by domestic consumption.

Excluding Japan, the DTC business recorded growth across all regions, with North America and Latin America leading with double-digit increases.

The flagship brand YOUNGOR recorded revenue of RMB 5.005 billion (USD 689 million), down 4.37% year-on-year.

Net sales of the Coach brand increased 31% year-on-year to $1.701 billion.

The Asia-Pacific market returned to a growth trajectory, with sales increasing by 1% year-on-year to €123 million.