The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
"Fashion Faux Pas: Why Hong Kong Designers Struggle to Make a Global Impact" (South China Morning Post)
"Despite the government investing huge sums and the undoubted creative talent in the city, questions remain about the best way to develop the industry."
"Op-Ed | Why the Brexit Will Deter Chinese Tourists" (Jing Daily)
"Chinese tourists are generally very risk-averse and plan their trips in detail — but the unclear situation following the British referendum leaves both the Brits and the Chinese with more questions than answers."
"Alibaba Goes Off Track" (Bloomberg)
"Alibaba's plans for online-to-offline commerce are going off track."
"VCs Are Betting on the Great Chinese Fitness Boom" (Tech Crunch)
"China, it seems, is in the midst of a workout craze — and that represents a once-in-a-lifetime opportunity for venture investors."
With consumers tightening their belts in China, the battle between global fast fashion brands and local high street giants has intensified.
Investors are bracing for a steep slowdown in luxury sales when luxury companies report their first quarter results, reflecting lacklustre Chinese demand.
The French beauty giant’s two latest deals are part of a wider M&A push by global players to capture a larger slice of the China market, targeting buzzy high-end brands that offer products with distinctive Chinese elements.
Post-Covid spend by US tourists in Europe has surged past 2019 levels. Chinese travellers, by contrast, have largely favoured domestic and regional destinations like Hong Kong, Singapore and Japan.