Core Insights - The luxury retail sector is showing resilience despite a general decline in overall consumer spending, particularly in the high-end market [2][3] - The holiday shopping season is expected to maintain strong momentum, especially in high-end ready-to-wear and fine jewelry categories [4][5] - The trend of "silent luxury" continues to thrive, but there are signs of a potential comeback for more colorful and embellished items as seen in recent fashion weeks [6][7] Consumer Spending Trends - Overall consumer spending has declined, but high-end retail spending remains robust, with a notable double-digit per capita revenue growth among the top 40% of customers [2][3] - The luxury sector is experiencing a positive sentiment driven by stable stock markets, real estate, and commodities, which supports consumer confidence [10] Inventory Management - Inventory levels are crucial in the luxury industry, with a need for alignment between supply and demand to avoid discounting [11] - There was an oversupply of products in 2023, but the industry has since improved the calibration between supply and demand, leading to a resurgence in full-price sales [12]

Core Viewpoint - The 8th China (Ordos) International Cashmere and Wool Exhibition aims to enhance the international influence and integration of the cashmere industry, featuring participation from over 30 renowned international companies from six major fashion and cashmere-producing countries [3][5]. Group 1: Event Overview - The exhibition includes a series of international trade activities, showcasing a nearly 500 square meter area filled with top global cashmere and wool brands, high-end garment designs, innovative fabric technologies, and quality yarn materials [3][5]. - The event is supported by the Ordos Municipal Council for the Promotion of International Trade, which aims to connect government and enterprises, facilitating supply and demand [3]. Group 2: International Participation - The exhibition features participation from international design masters and buyers, promoting a "national theme + full-chain display" model that integrates cutting-edge technology, top design concepts, and high-quality products [5]. - Countries represented include France, Italy, the UK, South Korea, Japan, and Mongolia, highlighting a diverse range of styles and innovations in the cashmere industry [3][5]. Group 3: Supporting Activities - Concurrently, the Ordos Municipal Council will host various events such as the 2025 High-end Cashmere and Wool Design Seminar, International Procurement Matching Conference, and discussions on green textiles and sustainable fashion [5]. - These activities aim to gather global industry resources, linking international designers and multinational buyers to create a world-class cashmere industry ecosystem [5].