Several luxury brands' first stores or flagship stores about to land in Beijing

2023-08-20

By the end of this year, the "New National Tide" shopping center - Wangfujing Joy City at the south end of Wangfujing Street is expected to officially open. The independent flagship stores of Louis Vuitton and Dior in Taikoo Li are also about to open, and the first Hermès Maison in Beijing is already in the planning stage. This year, "international style" has become an important direction in the construction of Beijing as an international consumer center city.

According to the "2022 China Luxury Report", the sales of China's luxury goods market will finally reach 956 billion yuan in 2022, accounting for as much as 38% of the global luxury goods market. Chinese people are still the most important force in global luxury consumption. The operating level and sales of high-end shopping malls such as Beijing SKP, Wangfujing Central Plaza, China World Mall, and SOLANA Blue Harbor are all on the rise.

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