China remains a market full of potential for the luxury industry, which hopes to overcome the current difficulties there due to the pandemic. The country saw its growth precipitated in the second quarter due to prolonged lockdown measures in several regions. However, this has not made luxury brands less enthusiastic about the region and they are continuing to expand there, as shown by Hermès and Missoni.
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PLAYMOBIL, one of the world's top ten toy brands, launched its first China store in Shanghai on July 8.
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The 315-year-old British retail and hospitality brand Fortnum & Mason is moving into the frontier of modern retail with the opening of its official store on China’s cross-border online marketplace, Tmall Global.
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A new retail model is emerging in China’s residential neighbourhoods as well as in smaller fashion commercial districts and retail complexes – best described as the new neighbourhood store.
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Apple opened a new store in Wuhan, China – the first in the Hubei Province. It also inaugurates an exclusive pickup area never seen before in the country
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Qeelin, Kering Group’s jewelry brand, launched a flagship store on JD.com on 22nd February.
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The members-only flash sales platform is expanding its footprint in Hong Kong with its latest showroom set to open in Taikoo Place on Monday 28 February.
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Reinforcing its commitment to Hong Kong, Dyson announced the opening of its first owner centre in Hong Kong on 21st February.
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The After You Dessert Café has opened its first overseas location in Causeway Bay, following a highly-successful Christmas pop-up in 2021.
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The UK sleep and wellness brand continues to grow in China thanks to high consumer demand for sleep products with the launch of a new store on Alibaba’s Tmall Global platform.
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Since inception in 2008, the Tokyo-based brand has seen steady growth has led to the opening of pop-up stores and standalone boutiques. Now the brand has opened a ground floor unit at Taikoo Li Qiantan.
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Global consumer-focused private equity firm, L Catterton, announced on 18th February that it has invested in Shanghai Enova Pet Products (“Enova”), the owner of Pure & Natural, a leading domestic premium pet food brand in China. This marks L Catterton’s foray into China’s pet food market, leveraging the firm’s global experience in the sector and capabilities in building enduring brands.
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The London-based eatery is expanding its presence in the Asia region by opening its first store in Macau.
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Bonnie&Clyde, China’s online and offline luxury beauty and lifestyle retailer owned by USHOPAL Group, has released their 2021 results, reinforcing their market-leading position in the luxury beauty retail sector.
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Footwear and apparel brand Hoka has collaborated with Design agency Green Room to launch a new global store concept in China and Southeast Asia.
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The brand has opened its first Originals flagship store in Chengdu, China in the popular Sino-Ocean Chengdu Taikoo Li Shopping District.
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French luxury house Lanvin has opened a pop-up café in The Atlantis resort, Sanya.
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Yum China grew its sales by 19 per cent last year to US$9.85bn despite multiple waves of Covid Delta outbreaks in the fourth quarter.
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The Belgian luxury house released ‘Beijing Stories’, a short film starring Chinese actresses Yong Mei, Liu Shishi, and Wen Qi to celebrate its 10 years milestone in China.
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Cettire will be available to Chinese consumers in the second half of the year.
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French high-jewelry house Chaumet is seeing huge opportunities from the Chinese market with more stores in the pipeline, after it saw significant double-digit growth in the nation last year, a senior executive said.
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Starbucks China has added a new delivery platform to its bouquet of services in China, in the form of a presence on Meituan, an e-commerce and delivery mobile app.
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The brand has unveiled its newly refurbished store in Hong Kong’s Pacific Place mall, a site it describes as a cherished location for the house since it opened there in 1991.
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On 11th January, Hyakunousha, the founding company of omusubi (Japanese rice balls) specialty stores hana-musubi, announced the launch of its new brand OMUSUBI in Hong Kong, unveiling a new logo, store design, product packaging and menu.
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Japanese high performance sportswear brand, Goldwin, opened its first flagship store in Beijing, China on 27th December 2021. The new store concept was designed in collaboration with the Japanese architectural firm New Material Research Laboratory.
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Located in K11 Musea on the Kowloon Peninsula, it provides the perfect setting for watch aficionados to relax, reflect, connect or disconnect, while enjoying the breath-taking view of Victoria Harbour.
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