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The China Edit | Empire's New Clothes, Exports Plummet, Pity the Personal Shopper

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.
Guo Pei Haute Couture evening gown, Spring/Summer 2007 | Photo: Cheryl Zhao
By
  • Kate Abnett

"The Empire's New Clothes" (The New Yorker)
"High fashion is still the province of a few designers who earned their cachet in the West, and in most cases trained there."

"China February Exports Post Worst Fall Since May 2009(Reuters)
"Exports fell 25.4 percent from a year earlier, twice as much as markets had feared as demand skidded in all of China's major markets, while imports slumped 13.8 percent, the 16th straight month of decline."

"Chinese Tourists Buy Uniqlo, Coach Plus Makeup, Vitamins and Milk Powder" (CNBC)
"'High street' brands also remain popular but retailers don't benefit equally, other research found, with some unexpected brands carrying particular cache with mainland buyers."

"Pity the Personal Shopper as Snack Packs Replace Gucci Bags" (The Financial Times)
"Taxes and prices have been tweaked in China, enabling many people to procure luxury brands at home."

"China's Alibaba Says Agrees $3 Billion Five-Year Loan(Reuters)
"China's Alibaba Group Holding Ltd. said it has signed a deal for a $3 billion five-year loan, which will help the e-commerce giant as it snaps up stakes in companies within China and overseas."

In This Article

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