LONDON — SKP, one of the most profitable luxury retailers globally, logged a group-wide 15 percent increase in turnover in the year ending Dec. 31, 2025, according to sources familiar with the matter, who requested anonymity. Annual turnover of its flagship project SKP Beijing recorded a 6.8 percent gain to 23.5 billion renminbi, or $3.4 billion, in the period, sources added. More from WWD Faced with industrywide headwinds, SKP Beijing’s annual turnover dropped about 17 percent in 2024 to 22 billion renm ...