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The China Edit | Asia's Fashion Empires, Chanel, Ferragamo, Gucci

The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
Chanel handbag | Source: Shutterstock
Chanel handbag | Source: Shutterstock (Shutterstock)
By
  • Kate Abnett

"Exposing Asia's Fashion Empires(The Business of Fashion) "The fortunes of many global brands are now in the hands of a few powerful families pondering what comes next for their fashion dynasties."

"Shoppers Seek Bargains as Chanel Lowers Prices in China(Bloomberg) "Chinese shoppers are seeking bargains after Chanel started cutting prices in the region to account for the weak euro that has driven many Asian shoppers to make their luxury purchases abroad."

"Salvatore Ferragamo in $7m Fight Against Fakes" (The Financial Times) "Salvatore Ferragamo, the Italian fashion house, said it had blocked, seized or destroyed more than 100,000 fake products in a 'fierce global battle against counterfeiting' focused on China and the internet."

"Discount Malls Bring Gucci Within Reach of More Chinese" (Bloomberg) "The falling euro has sent many Chinese shoppers abroad in search of deals. Those who can't swing a trip to Paris now have an alternative — luxury discount malls."

"Fashion Wars: China Takes On the West" (BBC News) "Just as Chinese artists are growing in confidence, Angelica Cheung sees the same thing happening in other creative fields, such as fashion."

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