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

Global Briefing | Global Currents

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

…Continue Reading

Week in Review | Graphite’s social commerce model, Luxury Index slides in May, Ethical fashion, Moda money

| Daily Digest

The Week in Review June 4 - 8, 2012

Is Graphite the Answer to F-Commerce Woes? (The Bottom Line) “8th Bridge has launched a new social commerce product that turns the traditional F-commerce model on its head. Rather than bringing the cash register to the watercooler, the platform, called Graphite, puts the watercooler next to the cash register, bringing a Facebook-powered social layer to existing commerce channels.” Clouds on the Horizon? (Market Pulse)

…Continue Reading

Burberry tech team, Atwood acquired, Tourist shoppers, Facebook’s Open Graph, Xander Zhou

| Daily Digest

Burberry’s Angela Ahrendts: High tech’s fashion model (Fortune) “Ahrendts has been boldly reinventing Burberry’s image and operations since she arrived at the British company six years ago. Her moves have paid off handsomely: Annual sales of some $3 billion are more than double 2007 levels, and the stock has returned nearly 300% since Ahrendts’ arrival.” Jones Group tries on new shoes

…Continue Reading

Loewe’s trajectory, Burberry rising, Vuitton’s top spot, Uniqlo expands, Prada and Polanski

| Daily Digest

Backstage at Loewe Fall/Winter 2012⎮Source: Wonderland Magazine

Spain’s got talent (Telegraph) “Stuart Vevers and Lisa Montague, the British duo who set Mulberry on the road to global superstardom, have taken their recipe to Loewe, the luxury heritage brand based in Madrid. Will it taste as sweet?” Burberry to invest in new, bigger stores (Reuters) “British luxury brand Burberry posted a 26 percent jump in profit as expected and said it would invest up to 200 million

…Continue Reading

Betsey bankruptcy, Chanel creativity, Claiborne sales up, Burberry reigns in Taipei, Cool Sewell

| Daily Digest

Betsey Johnson | Source: The Plaza

Betsey Johnson Declares Bankruptcy (Forbes) “A spokesperson at Betsey Johnson has confirmed that the 34-year-old fashion line has filed for bankruptcy protection. The filing will likely result in the dismissal of 350 employees and the closure of most of the brand’s 63 stores.” Chanel sticks to being creative (Daily Yomiuri) “In the 64th installment in a series on the world’s high-end brands, Bruno Pavlovsky,

…Continue Reading

678910

Latest Articles