This article has selected quotes from 16 executives of luxury brands, offering insights into their perspectives on luxury and how to build luxury brands.

This article has summarized and selected 10 memorable quotes from 10 executives of luxury brands. Through their perspectives, we gain insights into the latest observations and judgments within the industry regarding luxury brand boutiques.

The “Luxury Jewelry and Watch Brands China Vitality Ranking 2023H1” released by Luxe.CO Intelligence covers a total of 36 luxury jewelry and watch brands and 159 dynamics in China.

“In the Swarovski strategy, the China market is of the highest priority,” emphasized Nasard multiple times.

In this edition of Luxe.CO Founder’s Talk we delve into the reflections of this Beijing-based entrepreneur as she reviews the ninth year of her entrepreneurial journey and the fifth year of formal company operations. As the top executive of the company, how does she lead the brand through iterative upgrades?

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

For major brands, the gold rush presents four significant “new” opportunities that cannot be ignored in brand building: new target audiences, new wearing preferences, new craftsmanship styles, new brand positioning, and new opportunities to capture consumers’ mindshare.

The sales in the US market experienced a significant year-on-year surge of 52%, reaching £653 million, which accounted for 42% of the group’s total revenue.

Currently, Morellato Group’s brands are present in over 40 countries, with a strong focus still centered in Europe. However, in the coming years, the company’s priority will shift towards the Middle East and further attention will be given to the United States and China.

The group expressed optimism regarding the gradual recovery of its key markets. With the recovery and growth of same-store sales in mainland China, Hong Kong, and Macau, the fiscal year 2024 is expected to be a year of recovery and a return to normalcy.