The Chinese owner of Lanvin, St Johns and Wolford adds the Italian luxury shoemaker to its growing stable of brands.
The Chinese owner of Lanvin, St Johns and Wolford adds the Italian luxury shoemaker to its growing stable of brands.
Navigating China’s celebrity ecosystem has always been a high-risk, high-reward gamble for global luxury brands, but the stakes are even higher in this volatile, politically charged year.
Navigating China’s celebrity ecosystem has always been a high-risk, high-reward gamble for global luxury brands, but the stakes are even higher in this volatile, politically charged year.
Unequal distribution of savings in the wake of Covid-19 and lingering virus worries have prompted more conservative spending habits.
Unequal distribution of savings in the wake of Covid-19 and lingering virus worries have prompted more conservative spending habits.
Chinese students are increasingly pursuing fashion education in their home country rather than attending fashion school abroad.
Chinese students are increasingly pursuing fashion education in their home country rather than attending fashion school abroad.
Surging demand and supply disruptions are driving up prices for raw materials, labour and shipping in fashion’s largest manufacturing hub.
Surging demand and supply disruptions are driving up prices for raw materials, labour and shipping in fashion’s largest manufacturing hub.
Young consumers are driving spectacular growth in China’s fragrance sales, creating new opportunities in one of the few market segments where the country is not yet a dominant force.
Young consumers are driving spectacular growth in China’s fragrance sales, creating new opportunities in one of the few market segments where the country is not yet a dominant force.
The Chinese tech and retail giant has vowed to change practices deemed anti-competitive and support merchants in a bid to move on from recent regulatory troubles.
The Chinese tech and retail giant has vowed to change practices deemed anti-competitive and support merchants in a bid to move on from recent regulatory troubles.
The pandemic and conflict between pro-democracy protesters and the government have dealt a severe blow to Hong Kong’s status as a corporate hub. Shanghai and Singapore will benefit most.
The pandemic and conflict between pro-democracy protesters and the government have dealt a severe blow to Hong Kong’s status as a corporate hub. Shanghai and Singapore will benefit most.
LVMH and Hermès saw sales surge in the first quarter of the year, buoyed by strong demand in China. What lessons can other brands learn from their strategies?
LVMH and Hermès saw sales surge in the first quarter of the year, buoyed by strong demand in China. What lessons can other brands learn from their strategies?
From border re-openings to the repatriation of spending, several factors will shape how and where Chinese customers buy luxury goods in the coming years.
From border re-openings to the repatriation of spending, several factors will shape how and where Chinese customers buy luxury goods in the coming years.
Both global players and local upstarts have failed to make the business model work in a market obsessed with product discovery, but a different kind of box is making waves.
Both global players and local upstarts have failed to make the business model work in a market obsessed with product discovery, but a different kind of box is making waves.
China is the world’s largest consumer of fashion and a major production hub. How it tackles its mountain of annual waste will impact global brands’ ability to embrace a more circular supply chain.
China is the world’s largest consumer of fashion and a major production hub. How it tackles its mountain of annual waste will impact global brands’ ability to embrace a more circular supply chain.
The ultra-fast fashion retailer plans to invest over $1.45 billion into intelligent supply chain systems in Southern China in a bid to reinforce ties with Beijing as it deals with mounting challenges.
China will provide nearly $9 billion to subsidise its consumer goods trade-in drive next year, extending a stimulus program aimed at shoring up domestic demand and countering external headwinds.
China’s consumer prices unexpectedly increased in October, as holidays during the month boosted travel, food and transport demand.
China Tourism Group Duty Free Corp. shares rose as much as 28 percent in Hong Kong and Hainan Haiqi Transportation Group Co. surged by the 10 percent daily limit on the mainland.
The country's luxury market declined by 18 to 20 percent in 2024 but should move out of negative territory this year, according to consultancy Bain and Company’s latest report.
The Shanghai-listed company, which shares an owner with Lanvin Group, may seek to raise more than $300 million in an offering, Bloomberg reported citing unnamed sources.
The country's commerce ministry said it plans to summon the Calvin Klein and Tommy Hilfiger owner in the near future, without elaborating on its allegations.
Shoppers visiting Hainan, known for its glitzy seafront hotels and sandy beaches, spent 30.94 billion yuan ($4.24 billion) on duty-free goods in 2024, local customs data showed on Thursday, falling 29.3 percent from a year earlier.