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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PwC Mainland China. (April 15, 2024). Number of new luxury stores in China from 2021 to 2023 [Graph]. In Statista. Retrieved October 31, 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 October 31, 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: October 31, 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 October 31, 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/