The China Edit is a weekly curation of the most important must-read fashion business news and analysis from and about the world’s largest luxury market.
The Future of Armani (WSJ Magazine) “Few people in the fashion world are as entwined with their brands. In most companies, a creative director designs and an executive manages. Armani does both. Many important designers, including Karl Lagerfeld and Marc Jacobs, work under contract for brands that aren’t their own. Armani hasn’t designed for anyone else in more than 30 years.” ASOS profit jumps on overseas
Burberry cut to neutral at J.P. Morgan (WSJ) “J.P. Morgan downgraded fashion company Burberry group to neutral from overweight, saying the group is now trading at a 5 percent discount to the luxury goods sector, compared to a historical average discount of 20 percent.” Taobao Partners with UNIQLO to Grow China’s Online Fashion Market (Businesswire) “UNIQLO, a new-style casual wear brand under Japan’s leading