Compared to the year before, just over 40 percent of luxury store openings in the world was centered in China in 2023. North America and Europe accounted for a combined 35 percent of luxury openings that year. In the Middle East, new luxury stores only contributed three percent of all luxury store openings that took place worldwide.
Distribution of luxury new store openings worldwide in 2023, by region
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Savills. (May 16, 2024). Distribution of luxury new store openings worldwide in 2023, by region [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1394680/regional-breakdown-of-luxury-new-store-openings-worldwide/
Savills. "Distribution of luxury new store openings worldwide in 2023, by region." Chart. May 16, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1394680/regional-breakdown-of-luxury-new-store-openings-worldwide/
Savills. (2024). Distribution of luxury new store openings worldwide in 2023, by region. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1394680/regional-breakdown-of-luxury-new-store-openings-worldwide/
Savills. "Distribution of Luxury New Store Openings Worldwide in 2023, by Region." Statista, Statista Inc., 16 May 2024, https://www.statista.com/statistics/1394680/regional-breakdown-of-luxury-new-store-openings-worldwide/
Savills, Distribution of luxury new store openings worldwide in 2023, by region Statista, https://www.statista.com/statistics/1394680/regional-breakdown-of-luxury-new-store-openings-worldwide/ (last visited November 21, 2024)
Distribution of luxury new store openings worldwide in 2023, by region [Graph], Savills, May 16, 2024. [Online]. Available: https://www.statista.com/statistics/1394680/regional-breakdown-of-luxury-new-store-openings-worldwide/