Louis Vuitton extended its Spring Summer 2022 show season with an additional catwalk presentation in Shanghai on Wednesday for local media and clientele. With the ceiling of the Shipyard Repair Docks venue covered in chandeliers, creative director Nicolas Ghesquière created 19 new looks in addition to the 45 shown during Paris Fashion Week on 5...
Nov. 18, 2021
Moschino has stated that it is “close” to directly managing its distribution and stores in mainland China as part of its ongoing repositioning strategy. Currently, Moschino stores in China are operated by Scienward Fashion and Luxury (Shanghai) Co. Ltd, a fashion brand management group in China, and through this deal, Moschino will assume direct...
Nov. 15, 2021
On the eve that China and the U.S. signed a deal to curb greenhouse gas emissions, the Double 11 gala, better known as Singles Day, the Alibaba annual online shopping bonanza, kicked off in China. This is the first retail event since China began clamping down on surging corporate profit and tech giants, but the contrast between the highly...
Nov. 11, 2021
Danish fashion platform Miinto will launch its overseas official flagship store on JD.com on November 12, offering its fashion clothing and accessories to more than 500 million customers on JD. Miinto joins JD through the Just-In-Time project, enabling cross-border merchants to synchronise products and orders via system integration, providing...
Luxury department store Harrods has launched its inaugural pop-up focused on young Chinese designers, featuring looks from 2021 Yu Prize winner Chenpeng. Located on the first floor of its Knightsbridge flagship, the concept space looks to promote emerging designers as a follow on from its Shanghai Fashion Week ‘The Harrods Hive’ concept....
Nov. 8, 2021
The manufacturing industry closed October in the red, falling for the second consecutive month, according to data published by the Chinese National Statistics Office.. The purchasing manager index (PMI) stood at 49.2 points, 0.4 points less than in September and below the 49.7 points forecast by the market. Zhao Qinghe, a statistical expert at...
Nov. 1, 2021
China’s president Xi Jinping has launched a national campaign aimed at pursuing “common prosperity” through the redistribution of the country’s wealth. The initiative has set the alarms within the luxury goods industry, which has in China one of its main markets. “In the past three months, the [luxury] sector has underperformed the European...
A report made in collaboration with Tony Wang, from consultancy firm Office of Applied Strategy, and streetwear site Highsnobiety has unveiled details on where brands may be missing the mark with Chinese consumers and what they can do to attract the younger generation leading the way. Entitled ‘The New Key Opinion Leader is Here’, Highsnobiety...
Oct. 26, 2021
American outerwear brand Woolrich has taken its primary steps into China and is rapidly expanding its wholesale presence across Europe, the Middle East and Africa (EMEA). As part of its growth into the Chinese market, the label has opened three seasonal shop-in-shops in partnership with the luxury department store, Galeries Lafayette Beijing....
Apparel retailer Uniqlo has announced it will be opening its global flagship store in Beijing on November 6, set to offer a sneak peek of the new location at the upcoming 2021 China International Import Expo (CIIE). The store will be Uniqlo’s first in Beijing, and the third flagship in mainland China, with the new location created in...
Oct. 21, 2021
Ever since China announced in August it is cracking down on wealth distribution, European luxury-makers have seen shares drop amid a market that is showing signs of a slowdown. If alarm bells haven’t sounded off before, Kering and LVMH saw their values fall by 3.5 percent on the stock market as China foresees growth to tumble from 7.9 percent...
Oct. 19, 2021
Contemporary luxury brand Zadig & Voltaire have appointed Jean Lahirle as Greater China chief executive officer, with immediate effect. Lahirle has more than 25 years of experience in Asia advising luxury brands including Chanel, Céline and most recently Delvaux. He helped them to build their images in Asia as well as develop their retail...
Oct. 18, 2021
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