Female Fashion Addicts Change China’s $19 Billion Market

Louis Vuitton in Shanghai | Source: Flickr

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.

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Luxury in China Loses Lustre as Wealthy Flee

Dior store in Beijing | Source: Shutterstock

HONG KONG, China — Wealthy Chinese are likely to buy fewer luxury goods again this year after the steepest cut-back on spending in at least five years, changing the game for high-end retailers like Louis Vuitton which have staked their growth on China.

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Market Pulse | Cashing In

Savigny Luxury Index December 2013 | Source: Savigny Partners

Uncertain expectations over Christmas trading amidst mixed retail signals led many institutional investors to take their profit before closing their books at year-end. Meanwhile, the travel retail channel continues to surge and M&A activity remains buoyant, reports Pierre Mallevays of Savigny Partners.

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Luxury Brands Step Up Battle for Travelling Shoppers

Dior concession at London Heathrow Airport | Source: Heathrow Airport

PARIS, France — Luxury brands are stepping up the battle for travelling shoppers with more outlets at airports and on cruise ships, tapping into one of the fastest growing sections of the market that looks set to keep booming thanks to soaring numbers of Asian tourists.

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Chanel Takes Inspiration From Dallas for Show

Chanel Métiers d'Art in Dallas | Source: Chanel

DALLAS, United States — The inspiration for Chanel's Metiers d'Art traveling fashion show this year will come from Dallas, the Texas city where Coco Chanel was once given a warm welcome that included being picked up at the airport in a white Rolls-Royce and being feted at a Western-themed party complete with a catwalk featuring cows.

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Fashion’s Art Fair Love Affair

Dior Homme campaign S/S 2014 | Photo: Karim Sadli

Today, to coincide with the start of Art Basel Miami Beach, Hettie Judah considers the increasingly intertwined markets for fashion and art. Tomorrow, we examine the anatomy of fashion’s most spectacular artist collaboration to date: Yayoi Kusama for Louis Vuitton.

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Top 10 Fashion Films of the Season

This season, brands embraced strong scripts, serious acting talent and heavy-hitting directors like never before, resulting in a crop of winning fashion films largely driven by the kind of compelling storytelling long missing from the genre. Sit back, relax and enjoy BoF’s Top 10 Fashion Films of the Season.

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Chanel’s Wertheimer Family Seen With $19 Billion Fortune

Chanel A/W 2013 | Sonny Vandevelde

PARIS, France — Chanel designer Karl Lagerfeld, with his shock of white hair, black glasses and leather gloves, will be the center of attention in Paris next Tuesday when he debuts the luxury-goods company’s latest ready-to-wear collection during the city’s Fashion Week.

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Airport Retail Flying High

Dior concession at London Heathrow Airport | Source: Heathrow Airport

Once a profitable but rarely discussed sideline business, airside retail is now a highly lucrative, core component of a successful luxury strategy and airport operators are innovating to take sales even higher. BoF investigates.

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