Agenda-setting intelligence, analysis and advice for the global fashion community.
"China's Turmoil May Stall Rebound in Watch Sales" (The New York Times)
"After nearly three years of government austerity and slow economic growth, sales of luxury watches in China are showing signs of rebound — although many factors, including the recent weakening of the renminbi and stock market turmoil, could stall that momentum again."
"Europe's Earnings Recovery Threatened by China Slowdown" (The Financial Times)
"As China slows and emerging markets come under pressure, investors need to ask themselves whether an economic slowdown in the world's poorer countries will derail the long-awaited recovery in corporate profits in Europe."
"Prada Tries to Renegotiate Hong Kong Shop Rents Amid China Slowdown" (Reuters)
"Italian fashion house Prada is trying to negotiate lower shop rents in Hong Kong and Macau to reflect weak sales and the dwindling flow of wealthy tourists from mainland China, its chairman said on Thursday."
"Chinese Medicine" (The Business of Fashion)
"The Savigny Luxury index ("SLI") recorded in August its worst monthly drop since the global banking crisis in 2008, plunging 12.3 percent and erasing all gains since the beginning of the year."
"Metro Joins Alibaba in Chinese E-Commerce Partnership" (Bloomberg)
"Metro AG, Germany's largest retailer, is forming an alliance with Alibaba Group Holding Ltd. to develop e-commerce on the Chinese online retailer's website."
