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

In 2022, the luxury hotel industry ranked first in the list of transactions by category with 98 acquisitions, an increase of 16 compared to the previous year.

This series of reports is the first data-driven publication released by MICAM, specifically designed to provide footwear trend insights and buyer’s guides for major global trade shows.