Adrian Cheng's Xiamen K11 Select Surpasses 2M Visitors, Posts 32% Sales Growth
SingTao · 3 SOURCESabout 2 hours ago5 MIN
Summary
K11 by AC Group, founded by Adrian Cheng (鄭志剛), has announced that its Xiamen K11 Select art shopping center has recorded over 2 million visitors since opening, with weekly sales surging 32 percent. The landmark project, developed in partnership with state-owned Xiamen Metro Group, spans approximately 95,000 square meters and hosts over 200 brands, including around 80 first-store locations. Three Michelin-starred chef-led dining concepts have achieved near-full occupancy rates, while the group's A-points loyalty members account for nearly 40 percent of total sales.
Key Points
- Xiamen K11 Select, China's first wetland conservation-type cultural tourism landmark, opened in Wuyuan Bay TOD hub, with commercial area of about 95,000 square meters
- The project achieved nearly 90 percent opening rate with about 80 first-store brands and over 200 total brands, including three Michelin-starred chef-led restaurants
- Weekly sales jumped 32 percent, with beauty and fashion retail categories growing about 50 percent, and Michelin-starred restaurants maintaining near-100 percent occupancy
- A-points members contributed nearly 40 percent of total sales, demonstrating strong appeal to high-spending consumers and brand loyalty
- A one-kilometer elevated "Sky Ribbon" walkway connects the shopping center to the wetland park and eco-viewing base, while Philip Colbert's lobster art exhibition debuted
Why It Matters
The Xiamen K11 Select's strong performance validates Adrian Cheng's 16-year "cultural commerce" model and introduces the Cultural Tourism District (CTD) development framework, combining art retail with urban regeneration . The success demonstrates how Hong Kong-developed cultural shopping concepts can expand into mainland cities while preserving natural environments, potentially serving as a template for future cross-border developments .
The Xiamen K11 Select's strong performance validates Adrian Cheng's 16-year "cultural commerce" model and introduces the Cultural Tourism District (CTD) development framework, combining art retail with urban regeneration . The success demonstrates how Hong Kong-developed cultural shopping concepts can expand into mainland cities while preserving natural environments, potentially serving as a template for future cross-border developments .