DEJI PLAZA AT PEAK OF CHINA'S LUXURY HILL

Glitzy Nanjing mall pushes long-standing champ SKP Beijing into second place

In a major shift in China's luxury retail landscape, Deji Plaza in Nanjing, Jiangsu province, achieved record-breaking sales of 24.5 billion yuan ($3.35 billion) in 2024, surpassing both long-time champion SKP Beijing and Shanghai IFC.

Deji Plaza's 2024 performance marks a new milestone, beating its own record of 23.9 billion yuan in 2023 and likely exceeding SKP Beijing's estimated 22 billion yuan for the same year.

This historic result elevates Deji Plaza to the top of China's brick-and-mortar retail rankings.