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.
Prada SpA reported full-year sales that trailed estimates as fewer Chinese shoppers splurged on $2,950 leather handbags and other luxury products.
If in fashion, being late on a trend can be lethal, playing catch-up in terms of business strategy can be just as damaging. Prada is learning that lesson the hard way.
BoF weighs up the pros and cons of going public compared to other options for raising capital to fuel growth.
From Paris to New York, purveyors of luxury goods are teaching staff Mandarin, offering traditional New Year “hongbao” gifts and flocking to social media sites as well-heeled Chinese tourists pack their bags to ring in the Year of the Goat abroad.
As this season’s fashion campaigns go head-to-head on social media, a battleground now more important than the pages of print magazines, BoF picks the top 10 campaigns of Spring/Summer 2015.
Both the Savigny Luxury Index and the MSCI World Index suffered from profit-taking in the first half of December.
In the face of fierce competition and heavy cost structures, some brands are rethinking the logic of their diffusion lines.
Prada SpA reported a 44 percent drop in third-quarter profit as weaker spending by wealthy Chinese consumers weighed on the luxury-goods maker’s revenue growth.