The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
As fashion’s centre of gravity moves steadily south and east, driven by the changing global distribution of both wealth and fashion creativity, Paris’ monopoly on the dazzling couture trade is being challenged by a handful of new overseas events with their own ideas about couture.
BEIJING, China — Lisa Yan is the new face of the Chinese luxury consumer: female and fashion-forward. The 26-year-old finance saleswoman checks social media daily to see what celebrities or friends are wearing. She wears Burberry coats, alternates between a light blue Valentino bag and a black Dolce & Gabbana one for work, and reads magazines such as Vogue.