After the resumption of domestic tourism, there has been a release of vacation demand.

Between 29 July to 4 August 2023, Luxe.CO Tong released a total of 557 news articles involving 429 brands, 94 commercial centers, and 69 cities.

From July 16th to July 31st, 2023, Luxe.CO Biweekly Ranking featured a total of 43 updates from 26 luxury brands in the Chinese market. These updates included 9 marketing activities, 5 store expansion news, 24 announcements about opening pop-up stores, and 5 updates about Chinese celebrities endorsing the brands.

Hang Lung Properties and Hang Lung Group’s property rental income increased by 5% and 4%, respectively, reaching HKD 5.237 billion and HKD 5.523 billion.

The Greater China region recorded a remarkable 24% year-on-year growth, which, when calculated at a fixed exchange rate, increased by 31%. This growth played a pivotal role in leading the Asia-Pacific region to achieve a further 13% overall increase.

In 2022, Klättermusen demonstrated impressive performance in the Chinese market, achieving a sales revenue of 50 million Yuan, representing a remarkable year-on-year growth rate of over 1000%.

Voolga’s stock price surged 27% on its first day of trading.

Hilton’s second-quarter revenue increased by 18.75% YoY, and its net income attributable to shareholders rose by 11.68% YoY.

WWP Beauty’s production operations in China account for over 90% of its total workforce, including packaging and formulation experts.

Based on data from Luxe.CO Tong, we have exclusively compiled eight charts to examine how luxury jewelry brands are positioning themselves in the Chinese market