Agenda-setting intelligence, analysis and advice for the global fashion community.
"China Devalues Its Currency as Economic Slowdown Raises Concerns" (The New York Times)
"As China contends with an economic slowdown and a stock market slump, the authorities on Tuesday sharply devalued the country's currency."
"Prada First-Half Sales Miss Estimates as China's Slump Persists" (Bloomberg)
"Prada SpA reported first-half revenue that missed analysts' estimates as demand for its handbags and wallets in Hong Kong and Macau continued to wane."
"Gucci Spars With Hong Kong Landlords as Chinese Demand Slumps" (Bloomberg)
"Landlords on Hong Kong's Russell Street a year ago could boast the highest retail rents in the world. Now they are adjusting to a new reality."
"How Western Fashion Brands Are Using Social Media in China" (Fashionista)
"In mainland China, one's activity on platforms like Sina Weibo and WeChat can mean the difference between having a booming Chinese business and having none at all."
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"Alibaba Inks Exclusive Tie-Ups with Global Brands to Sell in China" (Reuters)
"Alibaba Group Holding Ltd has signed exclusive partnerships with more than 20 apparel brands including Zara and Timberland."
"Alibaba Hires Former Goldman Banker Evans as President" (Reuters)
"Alibaba Group Holding Ltd has hired Michael Evans to oversee the e-commerce company's international expansion, a top priority as the firm looks beyond China to sustain its heady growth rates."
