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Unit N1-08 frontage · The grooved wall echoes the grooves of the aluminium cases. ⓒRIMOWA
Unit N1-08 frontageThe grooved wall echoes the grooves of the aluminium cases. ⓒRIMOWA
Daily retail

A store selling new suitcases gives RMB 2,000 in credit for an old one (Shanghai, Retail)

2026.09.22

German luggage brand RIMOWA opened its first mainland China flagship at Shanghai's Jing An Kerry Centre and held the official launch on September 16. In a store of just over 200 sqm, the first thing it put forward was not a new product but a repair bench and a buyback of old cases. Bring in a used aluminium suitcase and you get a RMB 2,000 voucher.

1.The store sits in unit N1-08 on the ground floor of the north zone of Jing An Kerry Centre on Nanjing West Road. It opened in late June, and on September 16 the brand brought in table tennis player Fan Zhendong and actor Greg Hsu for the launch event. The floor area is a little over 200 sqm. It is RIMOWA's first flagship in mainland China and its fifth store in Shanghai.
2.The company led with three services at the launch. A repair centre that handles more than 85% of repair requests inside the store, Re-Crafted, a buyback and resale programme making its China debut, and Crafted For You, where customers order a case with their own choice of size, fittings and colour. The buyback terms: bring in a used aluminium case and you receive a voucher worth RMB 2,000, about KRW 390,000. It can only be spent on purchases of RMB 4,000 or more, and each person can trade in two cases a year.
Jing An Kerry Centre · A mixed-use complex on Nanjing West Road lined with luxury stores. RIMOWA is on the ground floor of the north zone. ⓒMNXANL · CC BY-SA 4.0
Jing An Kerry CentreA mixed-use complex on Nanjing West Road lined with luxury stores. RIMOWA is on the ground floor of the north zone. ⓒMNXANL · CC BY-SA 4.0
3.In the middle of the back wall stands an installation of aluminium bands wound into concentric rings. Inside the rings is a backlit stone panel, and on the shelf in front of it sits a single limited-edition case. White shelves on either side alternate orange and navy cases. Where the light lands, every groove in the aluminium picks up a thin line.
Light on the grooves · Each groove picks up a thin line. An aluminium cabin case lying on its side. ⓒ1971markus · CC BY-SA 4.0
Light on the groovesEach groove picks up a thin line. An aluminium cabin case lying on its side. ⓒ1971markus · CC BY-SA 4.0
Shop window and back wall · The window facing the mall corridor (left) and the back wall with the ring installation (right). ⓒRIMOWA
Shop window and back wallThe window facing the mall corridor (left) and the back wall with the ring installation (right). ⓒRIMOWA
4.One corner is a grey wall with nothing on it but the words CLIENT CARE. A stainless steel counter, two wooden stools, three small screens on the wall. At the workbench next to it, black leather name tags are clamped into a metal jig and stamped with a gold pattern. Two patterns are available only here: one of Jing An Kerry Centre, the other of the Jiuqu Bridge in Yuyuan Garden.
Client care corner and name tag · A pavilion pattern is hot-stamped in gold on a leather tag. ⓒRIMOWA
Client care corner and name tagA pavilion pattern is hot-stamped in gold on a leather tag. ⓒRIMOWA
5.A few trips through airports and an aluminium case gets dented corners and a build-up of scratches along its sides. Re-Crafted leaves that surface alone. Only the inside, wheels, handles and lining, goes through a 30-point check and repair, and the case is resold with a two-year warranty. Even travel stickers someone else stuck on stay where they are.
A well-used aluminium case · Worn corners and scratches built up between the grooves. Re-Crafted leaves this surface as it is. ⓒKofferfoto · CC BY 3.0
A well-used aluminium caseWorn corners and scratches built up between the grooves. Re-Crafted leaves this surface as it is. ⓒKofferfoto · CC BY 3.0
6.The secondhand market was already there. Aluminium cases last for decades, and in China listings for the brand are always up on the resale app Xianyu. The trouble was that buyers had no way of knowing whether a case was genuine or whether the wheels still worked. Once the brand buys cases back, repairs them and adds a warranty, trades that used to happen between individuals move to the store's till.
7.It also mattered that buyers did not want an old case made to look new. A dented corner is a record of trips someone actually took, and the wear is what this programme sells. Batches released in Germany, then Korea and Japan, sold out within hours, in some places within minutes. US online sales opened on March 25, 2025.
Grooved aluminium · A look that dates back to the 1950s. Scratches collect along the grooves. ⓒ1971markus · CC BY-SA 4.0
Grooved aluminiumA look that dates back to the 1950s. Scratches collect along the grooves. ⓒ1971markus · CC BY-SA 4.0
8.The timing helped. Bain & Company estimates that mainland China's luxury market shrank 18 to 20% in 2024. In a year when it is hard to give people a reason to buy something new, what brings them into a store? A customer who came in to replace one wheel still ends up standing in front of the shelf next to the counter.
9.The clearest figures come from the US. The voucher for a used case is $300, the refurbished case resells for $600 to $1,000, and a new aluminium cabin case of the same kind costs more than $1,400. Every case that goes through the cycle leaves a spread of $300 to $700, and what remains after parts and repair labour is the company's.
300달러에 받아 두세 배에 다시 판다 미국 기준, 단위 달러 · 진한 막대가 매입 때 내주는 상품권 매입 상품권 300 재판매가 하단 600 재판매가 상단 1,000 새 알루미늄 기내용 1,400+ ※ Gear Patrol 보도 기준(2025년 3월 미국 출시 당시). 상품권은 새 제품 구매에만 쓸 수 있다. ※ 중국은 상품권 2,000위안, 4,000위안 이상 구매 시 사용, 1인 1년 2개까지.
The money in one used caseWhat is left is the spread minus parts and repair labour.
10.There is one more calculation in the fact that the voucher is not cash. Spending RMB 2,000 requires a purchase of at least RMB 4,000, so every old case brings a new sale in with it. The real cost to the company is not the face value of RMB 2,000 but the cost-of-goods share of the discount on the new product. The buyback price is a discount, and the discount only goes out attached to a new sale.
11.Fixed costs are not light. Cushman & Wakefield put the average ground-floor asking rent in Shanghai's mid to high-end malls at RMB 728.7 per sqm per month in Q3 2025. Applying just that average to 200 sqm gives annual rent of about RMB 1.75 million, roughly KRW 340 million (estimate). Rents at Jing An Kerry Centre, in the heart of Nanjing West Road, are likely above average.
12.To keep rent at 15% of sales, the store has to sell about RMB 11.7 million a year. At around RMB 10,000 per aluminium cabin case, that is a little over three cases a day (estimate). The floor given to the repair bench and the client care corner adds nothing to that number. Leaving it off the sales floor looks like a bet on customers bringing their cases back instead of throwing them away, over the profit and loss of one store.
13.The company's roots are in a luggage workshop founded in Cologne in 1898. Paul Morszeck co-founded it, and after a factory fire in the 1930s burned almost everything but the aluminium, it turned to metal cases. LVMH bought an 80% stake in 2016 for 640 million euros. Annual sales were a little over 400 million euros at the time, and the industry now estimates them at about 1 billion euros.
An old trunk at the Cologne museum · The timeline below reads 1949. Two latches, one handle, and the same grooves as today. ⓒ1971markus · CC BY-SA 4.0
An old trunk at the Cologne museumThe timeline below reads 1949. Two latches, one handle, and the same grooves as today. ⓒ1971markus · CC BY-SA 4.0
Cologne production building · Even the exterior walls are ribbed. Production is in Germany, the Czech Republic and Canada. ⓒ1971markus · CC BY-SA 4.0
Cologne production buildingEven the exterior walls are ribbed. Production is in Germany, the Czech Republic and Canada. ⓒ1971markus · CC BY-SA 4.0
14.Brands buying back their own used goods is nothing new. Patagonia takes in old clothes through Worn Wear, repairs them and resells them, and Rolex opened a certified pre-owned programme in 2022. What sets the Shanghai version apart is the repair method. To restore archival cases, it used juci, the traditional Chinese technique of joining broken porcelain with metal staples. A repair that shows its seams rather than hiding the damage. The city guide map was made with Jin Yucheng, the Shanghai writer behind the novel Blossoms.
Inside and entrance · Past the glass block wall, wooden shelves and low tables run to the windows. ⓒRIMOWA
Inside and entrancePast the glass block wall, wooden shelves and low tables run to the windows. ⓒRIMOWA
15.In its first mainland China flagship of about 200 sqm, RIMOWA gave part of the floor to a repair bench and put a KRW 390,000 voucher on each old case to turn it back into a new sale. A brand trying to build the same structure in Korea first runs into the store's lease terms. Most imported brands sit in department stores paying a commission on sales, so repair space that produces no sales is booked straight as a loss. They would also need a separate place near the store for the bought-back cases and the repair technicians.
Daily Retail #044 · 2026.09.22
Sources: Jing Daily (Rimowa opens 1st mainland China flagship · June 24, 2026 · Jing An Kerry Centre · over 200 sqm · fifth Shanghai store · Re-Crafted China debut · monogram limited-edition cabin · Yuyuan tag pattern / Rimowa opens 1st mainland China flagship in Shanghai · September 21, 2026 · September 16 launch · north zone · over 85% of repairs handled in store · Crafted For You · archival pieces restored with Chinese porcelain-repair techniques · Fan Zhendong, Zhao Jinmai, Greg Hsu and Ma Yili attended), Sohu (RIMOWA 上海静安嘉里中心旗舰店 启幕 · June 25, 2026 · L1 N1-08 · RMB 2,000 voucher · usable on purchases of RMB 4,000 or more · two per person per year · store photos ⓒRIMOWA), Tencent News (上海再迎首店 日默瓦中国大陆首家旗舰店启幕 · September 20, 2026 · city culture map with Jin Yucheng · limited stickers · Jing An Kerry Centre and Jiuqu Bridge tags), Gear Patrol · HiConsumption (Re-Crafted US launch March 25, 2025 · $300 buyback voucher · resale $600 to $1,000 · new aluminium cabin over $1,400 · Germany, Korea and Japan batches sold out within hours), hube magazine (30-point check · two-year warranty), CNBC · LVMH (October 2016 · 80% stake · 640 million euros · 2016 expected sales over 400 million euros), Business Insider · BoF (industry estimate of about 1 billion euros in annual sales), Cushman & Wakefield Shanghai Retail Marketbeat Q3 2025 (average ground-floor asking rent in mid to high-end malls RMB 728.7 per sqm per month), Bain & Company (mainland China luxury market down an estimated 18 to 20% in 2024), Wikipedia (RIMOWA founded in Cologne in 1898 · switch to aluminium after a 1930s fire · production in Germany, the Czech Republic and Canada).
Actual rent and sales at the Jing An Kerry Centre store have not been disclosed. Annual rent, required sales and daily unit sales are estimates based on Shanghai average asking rents and US prices. Currency conversions at about KRW 195 per yuan and KRW 1,390 per dollar.