Inside the Shanghai Tang Mansion on Duddell Street | Source: Shanghai TangToday, we bring you the first instalment of The China Edit, a weekly curation of the most important must-read fashion business news and analysis from and about the world’s largest luxury market.
Savigny Luxury Index November 2012 | Source: Savigny PartnersLONDON, United Kingdom — The Savigny Luxury Index (‘SLI’) increased by almost 3 percent in November, while the MSCI World Index (‘MSCI’) slipped nearly 1 percent for the month. From mid-November, global markets and the SLI enjoyed a strong rally on better economic news from China and hopes that the US might avoid the feared fiscal cliff. Big news A flurry of positive economic newsflow has lifted investors’
Nstle products, photo courtesy of BusinessWeekIn pursuit of beauty (The Economist) Nestlé, the Swiss food giant, may take over L’Oreal. From capitalism to communism (IHT) “From rampant capitalism to sober communism in a single year – that is the trajectory of menswear for the 2009/10 Paris season.” Proenza Schouler Stays The Course (WSJ) “While fashion labels have been trying to figure out what needs to be changed in order to survive this
