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The China Edit | Luxury Spenders, Apple Watch, Factory Strike

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.
Chinese shopper looking at bags | Source: Bloomberg
By
  • Kate Abnett

"China's Big Luxury Spenders are Young, Trendy and Not So Rich" (Reuters)
"Global luxury brands expanding in China are better off targeting the HENRYs – "high earners, not rich yet" – instead of the ultra-wealthy, as a slowing economy and a government that frowns on official excesses usher in an era of less showy spending."

"Apple Watch Targets Chinese Aspirations in $16 Billion Market(Bloomberg)
"Apple Inc. jumped to the top of the Chinese market by adapting the iPhone to local tastes. It's using the same recipe with the Apple Watch."

"China Shoe Factory Workers End Strike Over Benefits" (Reuters)
"Employees at a shoe factory in southern China that lists international fashion houses among its customers returned to work on Wednesday after going on strike this week over benefits."

"Chinese Manufacturers Roll Out Apple Watch Lookalikes(Associated Press)
"A month before Apple Inc.'s smartwatch hits the market, China's thriving copycat manufacturers are selling lookalikes, some openly advertised as Apple copies."

"Wired Women: The $3 Trillion Women Powering China's Tech Boom(The Guardian)
"China's 115 million upper middle class women are driving ecommerce and social media in China, outspending their US equivalents by double on the biggest shopping days of the year."

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