Hong Kong hosts first Leaders of Luxury Summit, positioning itself as a global luxury hub.

Hong Kong hosted its first Leaders of Luxury Summit in 2024, attracting luxury industry leaders to discuss global trends. The city is a key luxury hub, ranked second globally in billionaire count and expected to see a 22.4% increase in ultra-high-net-worth individuals by 2028. As a gateway to Mainland China, Hong Kong offers vast opportunities for luxury brands. Executives praised the city's investment and tourism setup, highlighting its role in defining luxury globally.

December 02, 2024
7 Articles