The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
"Op Ed | The End of Orientalism" (The Business of Fashion)
"The Met's new fashion exhibit in New York marks the end of the Orientalist era for Western designers, says Liz Flora."
"Review: In 'China: Through the Looking Glass,' Eastern Culture Meets Western Fashion" (The New York Times)
"In a way, it's all just fashion business as usual, the product of a culture that speaks a language of overkill."
"Alibaba Boosts Its Stake in Online Retailer Zulily to 9.3%" (Bloomberg)
"Alibaba Group Holding Ltd., China's biggest e-commerce company that held its initial public offering last year, bought $56.2 million of stock in U.S. online retailer Zulily Inc. this week, according to a regulatory filing."
"JD.Com Retreats Before Earnings as Chinese Stocks Drop in US" (Bloomberg)
"JD.com Inc. slumped the most in three months as investors moved to lock in profits before the company's earnings report."
"Alibaba's Unparalleled Rise Has Changed the Face of Global Business" (Quartz)
"Alibaba's experience has shown that, although e-commerce was slower to take off in China than in the West, when it did take root, it was far more important to the overall economy."
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.
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.
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.
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.