China’s Anti-Corruption Campaign is Masking the Real Causes of the Luxury Slowdown

A Gucci store in Beijing | Source: Shutterstock

Contrary to numerous reports, broad changes in Chinese consumer behaviour and sentiment — not the country’s much publicised anti-extravagance campaign — are the likely causes of China’s luxury slowdown, says Anne Zhang, a reporter for Chinese business magazine CBNweekly.

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Global Briefing | Brazil’s Changing Fashion Calendar

The scene at Alexandre Herchcovitch's Spring/Summer 2012 show at São Paulo Fashion Week | Source: Nowfashion

SÃO PAULO, Brazil — Effective this month, Luminosidade, the company that organizes São Paulo Fashion Week and Fashion Rio — previously held, back-to-back, in January and May/June of each year — is preponing its events, staging Autumn/Winter in October-November and Spring/Summer in March-April, not long after the close of the four main fashion weeks. But this means that while many international buyers and journalists have just

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Global Briefing | Chinese Fashion Brands Look West

LONDON, United Kingdom — It’s nearly impossible to go a week without reading about international fashion brands expanding their operations in China. But what about Chinese brands targeting the West? A number of Chinese fashion and apparel brands are now aiming to build upon their domestic success and establish themselves in Western markets. Among them are companies like Bosideng, with recorded revenues of $1.3 billion in 2012 and

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Global Briefing | Forget the Beach, Mall Culture Rises in Brazil

SÃO PAULO, Brazil — In emerging markets like India and China, luxury shopping malls have often struggled to successfully take root. Quality and execution issues have plagued many of India’s new shopping centres, while, apart from the very best developments, many of China’s large-scale malls are often worryingly empty. But despite the fact that the sun is always shining and the breeze is always blowing, Brazil’s luxury malls are

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Are Fashion Brands Underestimating the Importance of China E-Commerce?

Gap Store on Tmall | Source: Tmall

BEIJING, China — With its burgeoning middle class and status-conscious consumer culture, China remains the primary engine driving luxury market growth, even in a rapidly weakening global economy. But recent reports from China’s National Bureau of Statistics show that even China’s economy is experiencing what one Chinese cabinet member called a “sharp slowdown.” For fashion brands operating in China, this presents a distinct

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Global Briefing | Could Africa be the Next Frontier for Fashion Retail?

Westgate Mall, Nairobi | Source: kamalkaur.net

NAIROBI, Kenya — In recent weeks, the media hype around Africa has been remarkable, with several articles in major publications proclaiming the continent “the next Asia.” In fashion, Franca Sozzani even dedicated the entire May issue of L’Uomo Vogue to “rebranding Africa,” while this year’s IHT Luxury conference will discuss “the potential of Africa, both as a producer and ultimately consumer of luxury goods.” But to what extent is

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Three Women Behind the Scenes of Brazil’s Fashion Industry

Alice Ferraz

SÃO PAULO, Brazil — For many, Brazil’s body culture, eternal summer, and supermodels — not to mention its successful bids to host both the 2014 World Cup and the 2016 Olympic Games — make it the sexiest of all the BRIC countries. But data released in February by Brazil’s official statistics bureau revealed that the country’s GDP grew by just 2.7 percent in 2011, a dramatic reversal compared to the 7.5 percent surge registered in

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The Top 20 Movers, Shakers and Decision-Makers in China Fashion

Adrian Cheng | Source: Getty

BEIJING, China — For the past few years, all eyes have been on China. Captivated by the country’s rapidly expanding economy, large population and seemingly insatiable appetite for luxury goods, global fashion brands have focused their efforts on the Middle Kingdom, opening glittering stores in megacities like Beijing and Shanghai, as well as fast growing middleweight cities like Guangzhou, Hangzhou, Shenzhen and Tianjin, and

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The Fashion Trail | 36 Hours in Qatar

The Pearl in Doha, Qatar is a massive luxury real estate development | Source: The Pearl

DOHA, Qatar — Just before the madness of fashion week season began, I couldn’t resist accepting an invitation from Lama El Moatessem to visit Doha, the capital city of the tiny nation of Qatar, to attend the opening of the Peter Marino-designed flagship for Toujouri, Ms El Moatessem’s three year old fashion brand. How did a little-known Middle Eastern brand get Mr Marino, the go-to architect for powerhouse brands like Louis

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