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.
Almost every major fashion country has one city that shines brighter than the rest. But China’s vast, diverse market defies the norm. In Part 1 of a two-part investigation, we examine the fashion capitals of Shanghai and Beijing. Next month, in Part 2, we explore Hong Kong and Guangzhou.
Swiss watch exports kept growing at the slowest rate since the financial crisis for a second year as shipments to China and Hong Kong dropped in the final quarter.
Five years since Konzepp helped transform the sleepy Sheung Wan district into a hipster zone, owner Geoff Tsui is crossing the harbour to the buzzing quarter of Tsim Sha Tsui with his fourth niche boutique, located in Hong Kong’s K11 ‘art mall.’
Alibaba Group Holding Ltd. failed to properly oversee merchants and allowed the sale of counterfeit products on its e-commerce platforms, according to a Chinese government report.
The franc’s record surge may prompt luxury watch retailers in Hong Kong to absorb some of the price increase from Switzerland’s high-end timepiece makers as demand stays weak amid a slowing Chinese economy.
Alibaba Group Holding Ltd., China’s biggest e-commerce company, fell for a fourth day in New York, extending a retreat from its November high as the peak shopping season ended and investors await quarterly results expected next month.
Hong Kong is expected to report a drop in October retail sales on Monday, providing the first broad look at the impact of pro-democracy protests on core shopping areas after demonstrators blocked key roads and scared off mainland Chinese tourists.
Cie. Financiere Richemont SA, the world’s largest jewelry maker, reported first-half operating profit that missed analysts’ estimates as luxury-goods demand in Asia weakened.