In this article, Luxeplace.com delves into the upgrading path the down industry has been taking by examining the recently opened flagship stores of six domestic and international feather clothing brands in the Chinese market.
From December 16 to December 31, 2023, the 【Luxe.CO Biweekly Ranking】 compiled 40 updates from 30 luxury brands in the Chinese market.
Luxeplace.com’s exclusive Interview with ALAÏA Global CEO Myriam Serrano.
Anthony Ledru, Global President and CEO of Tiffany & Co., sat down and granted Luxeplace.com an exclusive interview.
Orange Bay Education‘s Official Website (orangeba […]
Since the beginning of this year (January to December 2023), a total of 65 luxury brands have collectively opened 89 different types of “First Stores” in mainland China.
“I first came to China when I was 25 years old, and of course, I love Shanghai,” said Miuccia Prada, aged 74, at the opening of the Pradasphere II exhibition in Shanghai.
Chinese consumers’ enthusiasm for purchasing luxury goods overseas is gradually rekindling. However, factors such as increased overseas travel costs and further improvements in the domestic luxury goods consumption environment have prevented overseas luxury shopping from returning to pre-pandemic levels.
From December 1, 2023, to December 15, 2023, the [Luxe.CO Biweekly Ranking] recorded 37 updates from 24 luxury brands in the Chinese market. This includes marketing dynamics (10), store expansions (13), pop-up store openings (11), and endorsement appointments (3).
This is a highly scrutinized and challenging task. Every founding family takes pride in adhering to long-term strategies and maintaining unique corporate values. However, they also need to balance the vision of business expansion and investment.