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.
"China's Seven-Minute Selling Frenzy That Shook Global Markets" (Bloomberg)
"Spiraling declines on the first day of China's circuit breakers show how measures meant to help restore calm to one of the world's most volatile equity markets risk doing just the opposite."
"Hong Kong Retail Sales Figures Fall for 12th Straight Month" (South China Morning Post)
"Hong Kong retail sales fell 7.8 per cent in November — a drop worse than expected that prompted retailers to draw parallels to 2003, when the city was hit by SARS."
"Fashion in 2016: From India and China to Wearable Tech and Streetwear" (The Independent)
"The Chinese yuan crashed back in June — and the fashion industry felt it. The question now is: 'who next?' Or rather, 'where next?'"
"Chen Man: China's 'Annie Leibovitz' Is Changing How the World Sees China" (CNN Style)
"Highly-stylized through the use of modern post-production techniques, and incorporating a range of eastern themes and iconography, her shoots can be viewed as representative of a new aspirational China."
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.