CBRE: Shenzhen 28th most luxurious city in 2014
In its report ‘Global Luxury Retail 2015’, CBRE noted that City is the equal 28th most luxurious city globally. Some 58% of all luxury brands have a presence there. In 2013, 56% of brands could be found in Shenzhen. Some 69% of luxury and business fashion brands are targeting China for expansion in 2015. By this measure, China is seen as the most prospective of the 10 national/ territory markets profiled by CBRE.
Source : CBRE/November 2015/Shenzhen/RET