Chinese economy

In 2020, SKP sales in Beijing will reach 17.7 billion yuan, ranking first in the world

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Affected by the global epidemic, luxury goods sales in overseas markets will decline seriously in 2020, and China will become the only country with positive growth. According to Beijing Daily, the sales volume of SKP in Beijing will reach 17.7 billion yuan in 2020, ranking as the “king of stores” in China for ten consecutive years. And for the first time, it surpassed Harold’s department store and won the title of “store king” in the world.

Original title: Beijing SKP’s 2020 sales of 17.7 billion yuan: the top level of the shopping disdain chain was once hot because takeaway staff were not allowed to enter Shanghai

According to the data, in 2020, Beijing SKP will welcome 15 million passenger trips, with the sales volume of single store and sales output per square meter ranking the first in the world.

Statistics show that Beijing SKP is a global high-end fashion department store, located in China Trade Center, and has gathered nearly 1000 brands here, of which more than 80% are international famous brands.

On April 19, 2007, Beijing SKP grand opening, positioning high-end luxury, fashion, is one of the world’s most iconic fashion luxury department stores, but also Beijing’s ultimate fashion lifestyle and shopping destination.

Since its opening in 2007, the sales performance of Beijing SKP has been growing rapidly. It is praised by consumers and news media as “a model sample of high-end shopping malls in China”.

It is reported that there are mainly four high-end luxury business circles in Beijing’s Fifth Ring Road. From west to east along Chang’an Street, they are Cuiwei department store, Wangfujing central, international trade phase III and Beijing SKP. Among them, Beijing SKP, which stands at the top of Beijing shopping disdain chain, is the concentration of international high-end luxury goods.

In July last year, “Beijing SKP does not allow takeout personnel to enter” was hot searched on Weibo. As the largest luxury shopping mall in China, a pair of brand slippers of Beijing SKP can sell for 7600 yuan, a T-shirt with brand logo can sell for tens of thousands of yuan, and bags ranging from tens of thousands to hundreds of thousands of yuan can be found everywhere.

In addition, the supermarket on the first floor of SKP in Beijing is also an extraordinary luxury. Some media have reported that only 274 yuan can buy two durians, 189 yuan for 12 strawberries, and Zhangzidao sea cucumber, which costs 28888 yuan, can be seen here.

According to the previous report, in 2020, the global personal luxury market transaction volume fell 23% year on year, but the luxury consumption in mainland China is expected to rise 48% against the trend, reaching 346 billion yuan.

It is reported that in 2020, the proportion of Chinese consumers purchasing luxury goods abroad will drop from 70% to 30%, and now more luxury goods are consumed in the domestic market.

Industry insiders pointed out that today’s online luxury purchases have further accelerated, reaching about 20% in China. China is expected to become the world’s largest luxury market by 2025.

From People’s Bank of China: questionnaire survey report on urban depositors in the first quarter of 2019 people’s Bank of China: report on the implementation of China’s monetary policy in Q1, 2018 (attached with download) sharing opportunities: the impact of China International Import Expo on the commercial real estate market (attached with download) China Bureau of Statistics: the profit of national industrial enterprises above designated size increased by 16.2% from January to August, 2018 Ministry of Commerce: Ministry of Finance: in 2020, the national lottery sales will reach 333.951 billion yuan, a year-on-year decrease of 20.9%. National Bureau of Statistics: in 2020, the per capita disposable income of residents in 31 provinces of China will rank the top three. Beijing Bureau of Statistics: in December 2020, the overall level of consumer prices in Beijing will rise year-on-year 0.2% National Bureau of Statistics: Residents’ savings of 36 cities ranked the top four in Beijing, Shanghai, Guangzhou and Chongqing. In December 2020, Macao’s gambling revenue reached 7.82 billion Macao dollars, down 65.8% year on year. Wealth: China’s most influential female business enterprises in 2020 Huawei ranks second Guangzhou consumer market overview Foshan consumer market overview CCTV Finance: China will reduce over 40000 ATMs in the first half of 2020

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