From July 1st to July 15th, 2023, the Luxe.CO Biweekly Ranking featured a total of 42 updates from 30 luxury brands in the Chinese market. These updates included 11 marketing highlights, 7 store expansion/renovation updates, 20 announcements of pop-up store openings, 1 update on online channel expansion, and 3 endorsements by Chinese celebrities.

According to the report, Chinese high-spending consumers exhibit a willingness to spend that is 50% higher than the global average.

For many investors, the luxury goods industry still holds appeal, but the sector is currently trading at historically high premiums compared to the overall market.

The Richemont analyst conference provided a wealth of valuable insights and disclosures.

The Chinese market saw a significant year-on-year increase of 29% to €88.6 million, accounting for 32.8% of Tod’s Group’s total revenue, making it the largest market for the group.

Jean-Jacques Guiony said that fashion leather dividend should benefit from a strong push from Mainland China in 2023.

In the last two weeks of 2022 (December 16-29, 2022), Luxury Brands in China Bi-weekly by Luxe.CO has compiled a list of 30 luxury brands that have launched Year of the Rabbit Spring collections.