The data displays the number of company-managed luxury stores in China as of year-end 2015, by brand. By the end of 2015, the Italian fashion label Gucci operated 60 stores in China.
Luxury brands in China – additional information
With growing economic power and global influence, China has become an attractive target for the international luxury market. A sevenfold growth in luxury sales revenue to around 74 billion Euros was predicted for China by 2020, owing to a rising number of high net worth individuals and affluent households.
