In 2023, 277 luxury stores were newly opened in China. This is significantly more than the figures in 2022 and 2021. About 74 percent of the new luxury stores were opened in non-tier-1 cities in 2023.
Number of new luxury stores in China from 2021 to 2023
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Number of new luxury stores
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PwC Mainland China. (April 15, 2024). Number of new luxury stores in China from 2021 to 2023 [Graph]. In Statista. Retrieved July 17, 2024, from https://www.statista.com/statistics/1478483/china-number-of-new-luxury-stores/
PwC Mainland China. "Number of new luxury stores in China from 2021 to 2023." Chart. April 15, 2024. Statista. Accessed July 17, 2024. https://www.statista.com/statistics/1478483/china-number-of-new-luxury-stores/
PwC Mainland China. (2024). Number of new luxury stores in China from 2021 to 2023. Statista. Statista Inc.. Accessed: July 17, 2024. https://www.statista.com/statistics/1478483/china-number-of-new-luxury-stores/
PwC Mainland China. "Number of New Luxury Stores in China from 2021 to 2023." Statista, Statista Inc., 15 Apr 2024, https://www.statista.com/statistics/1478483/china-number-of-new-luxury-stores/
PwC Mainland China, Number of new luxury stores in China from 2021 to 2023 Statista, https://www.statista.com/statistics/1478483/china-number-of-new-luxury-stores/ (last visited July 17, 2024)
Number of new luxury stores in China from 2021 to 2023 [Graph], PwC Mainland China, April 15, 2024. [Online]. Available: https://www.statista.com/statistics/1478483/china-number-of-new-luxury-stores/