Lanvin Group Annual Revenue Flat in 2023
Its main brand Lanvin fell by 7 percent year over year, weighing on the group’s results.
Tiffany Ap
Senior Correspondent
China
Why L’Oréal Is Investing in Niche Chinese Fragrance Brands
The French beauty giant’s two latest deals are part of a wider M&A push by global players to capture a larger slice of the China market, targeting buzzy high-end brands that offer products with distinctive Chinese elements.
Why L’Oréal Is Investing in Niche Chinese Fragrance Brands
The French beauty giant’s two latest deals are part of a wider M&A push by global players to capture a larger slice of the China market, targeting buzzy high-end brands that offer products with distinctive Chinese elements.
Media
Margaret Zhang to Exit Vogue China
Condé Nast said it is searching for a successor to take over after Zhang, whose appointment never became less divisive.
Margaret Zhang to Exit Vogue China
Condé Nast said it is searching for a successor to take over after Zhang, whose appointment never became less divisive.
China
Why Fewer Chinese Are Shopping in Europe’s Fashion Hubs
Post-Covid spend by US tourists in Europe has surged past 2019 levels. Chinese travellers, by contrast, have largely favoured domestic and regional destinations like Hong Kong, Singapore and Japan.
Why Fewer Chinese Are Shopping in Europe’s Fashion Hubs
Post-Covid spend by US tourists in Europe has surged past 2019 levels. Chinese travellers, by contrast, have largely favoured domestic and regional destinations like Hong Kong, Singapore and Japan.
China
Where to Engage Shoppers This Chinese New Year
While travel to Europe remains muted, Chinese shoppers are flocking to Singapore, Thailand and other Southeast Asian destinations where fashion retailers are hoping Lunar New Year marketing investments will pay off.
Where to Engage Shoppers This Chinese New Year
While travel to Europe remains muted, Chinese shoppers are flocking to Singapore, Thailand and other Southeast Asian destinations where fashion retailers are hoping Lunar New Year marketing investments will pay off.
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Fashion Week
Elena Velez Brings Dimes Square, and Its Controversial Politics, to Fashion Week
The designer tapped ‘Red Scare’ podcast host Anna Khachiyan to host a salon centred around the novel Gone With the Wind in a conversation that seemed designed to ruffle feathers.
Elena Velez Brings Dimes Square, and Its Controversial Politics, to Fashion Week
The designer tapped ‘Red Scare’ podcast host Anna Khachiyan to host a salon centred around the novel Gone With the Wind in a conversation that seemed designed to ruffle feathers.
Retail
Can Pickle Make Fashion Rental Work?
The peer-to-peer rental service sidesteps some problems that have plagued Rent the Runway. But it’s not without its own complications (just ask Pickle power users’ dry cleaners).
Can Pickle Make Fashion Rental Work?
The peer-to-peer rental service sidesteps some problems that have plagued Rent the Runway. But it’s not without its own complications (just ask Pickle power users’ dry cleaners).
China
Why Chinese Brands Excel at Down Jackets
Local fashion designers experimenting with puffers and other down clothing have scored collaborations with outerwear companies like Moncler and attracted the attention of prominent international retailers like H.Lorenzo.
Why Chinese Brands Excel at Down Jackets
Local fashion designers experimenting with puffers and other down clothing have scored collaborations with outerwear companies like Moncler and attracted the attention of prominent international retailers like H.Lorenzo.
Retail
Why Is Vestiaire Collective Crowdfunding?
The move is more about marketing than finances. But it provides a good excuse to check in how the luxury resale player is adapting in a brutal marketplace for fashion start-ups and resale platforms alike.
Why Is Vestiaire Collective Crowdfunding?
The move is more about marketing than finances. But it provides a good excuse to check in how the luxury resale player is adapting in a brutal marketplace for fashion start-ups and resale platforms alike.
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China
China’s Luxury Market Set for Moderate Growth
Despite the country’s protracted property crisis, deflationary pressures and other economic headwinds, its domestic luxury market is expected to grow 4 to 6 percent in 2024, outpacing both Europe and the US.
China’s Luxury Market Set for Moderate Growth
Despite the country’s protracted property crisis, deflationary pressures and other economic headwinds, its domestic luxury market is expected to grow 4 to 6 percent in 2024, outpacing both Europe and the US.
China
How TikTok, Shein and Temu Are Changing the Look of E-Commerce
All three companies have embraced a busy, garish design that’s popular in China and ideally calibrated to sell plenty of low-cost products. Will the same be true as these companies attempt to move upmarket?
How TikTok, Shein and Temu Are Changing the Look of E-Commerce
All three companies have embraced a busy, garish design that’s popular in China and ideally calibrated to sell plenty of low-cost products. Will the same be true as these companies attempt to move upmarket?
Luxury
Lanvin Group Replaces Joann Cheng With New CEO
The share price of the group, which has seen frequent turnover in executives and creative talent, has fallen by 68 percent from its debut.
Lanvin Group Replaces Joann Cheng With New CEO
The share price of the group, which has seen frequent turnover in executives and creative talent, has fallen by 68 percent from its debut.
China
Redrawing China’s Fashion Retail Map
Brands looking to invest in new developments and rapidly changing shopping districts across China’s major cities are scrutinising locations harder than before the economic slowdown.
Redrawing China’s Fashion Retail Map
Brands looking to invest in new developments and rapidly changing shopping districts across China’s major cities are scrutinising locations harder than before the economic slowdown.
The News in Brief
China Online Beauty Sales Surge in January
Data from Bernstein indicates a market-wide recovery, once the impact of a protracted decline in duty-free beauty is stripped out.
Ronnie Chan to Step Down From Hang Lung Group
The property tycoon’s son Adriel Chan will take over as chairman of the major Chinese shopping mall developer.
Sephora Greater China Head Steps Down
Maggie Chan leaves after five years with no immediate replacement named as Sephora overhauls its China strategy.
Anta Sports to Acquire Chinese Athleisure Brand Maia Active
The Shanghai-based brand, which frequently draws comparisons to Lululemon, is one of China’s most popular for female active and loungewear.
Gucci Launches Official Store on JD.com
The platform’s advantages for gift shopping in particular is becoming a key distinguishing factor among e-commerce competitors, its head of international business said.
Li-Ning First Half Profit Slips 3%
The leading Chinese sportswear group maintained its previous expectation to grow its top line by about 15 percent for this year.
Report: Shein Says It Reached Record Profit in First Half
The acceleration comes despite multiple lawsuits and government scrutiny in the US.