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The China Edit | China's $1 Trillion Club, Shopping Villages, Lancôme Protests

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.
Shanghai Village | Source: Courtesy
By
  • Kate Abnett

"Welcome to China's Trillion Club. Now for the Hard Part" (Bloomberg)
"Thrown together, economic growth in the continent-sized economy of China is grinding down to its slowest pace in a quarter of a century."

"The Rise of China's Shopping Villages" (South China Morning Post)
"Shanghai Village opens near Disneyland, as China's shoppers wooed by upmarket outlet destinations close to home."

"TAG Heuer Pushing Brand in China, as Rivals Scale Back" (Reuters)
"The head of luxury group LVMH's Swiss watchmaking business said on Saturday the company is pushing its TAG Heuer brand in the Chinese market, as rivals scale back their investments due to weaker demand."

"Lancôme Shuts Main Hong Kong Stores as Protesters Accuse It of Bowing to China" (Reuters)
"Lancôme has shut main stores in Hong Kong as protesters gathered accusing it of bowing to China by cancelling a concert featuring a pro-democracy singer."

"Alibaba Expects to Nearly Double Transactions Volume by 2020" (Reuters)
"Alibaba said it expects to record 6 trillion yuan (over $900 billion) in gross merchandise volume in fiscal 2020, nearly double 3.09 trillion yuan in fiscal 2016."

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