“If you want to be a brand truly rooted in the Chinese market, you absolutely cannot ignore the ‘other half’ of the Chinese market beyond physical stores.”
The “beauty of China” is a profound and bou […]
This year, Parfums Christian Dior’s Hong Kong K11 achieved the highest scores across all eight categories, earning the Best Store for the Environment Award (Store of the Year).
Ultra-high-net-worth (UHNW) tourists represent only 0.1% of tax-free shoppers, yet contributed 13% of total tax-free spending over the past 12 months.
Eight Chinese designer brands took part in the Paris Fashion Week for Spring/Summer 2025. These eight brands are: Caroline Hu, Dawei, Didu, RUIbuilt, Ruohan, Shiatzy Chen, Shuting Qiu, and Uma Wang (listed alphabetically).
Global Comparable Store Sales Accelerate YoY Recovery, Reaching 110% in March, Driven by Chinese Mainland Consumers’ Gradual Return.
Since China reopened its borders in January, the recovery of mainland Chinese shoppers has been steadily improving, with a recovery rate of 22% for consumption in the European mainland region and 27% for consumption in the Asia-Pacific region.
The recovery of consumption to support China’s economic rebound is of utmost importance.
China’s e-commerce giant, Yatsen Holding Limited, saw a 36.5% dip in net income from RMB 58.4 billion in 2021 to RMB 37.1 billion (approximately USD 5.37 billion) in 2022.
IFS Chengdu and Sino-Ocean Taikoo Li ranked first and second with annual sales of over RMB 8 billion each. The MixC Chengdu ranked third with annual sales of RMB 5.4 billion.
