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.
"Chinese Tourists Set Another Record and Change Shopping in Japan" (Bloomberg)
"The spending power of Chinese tourists in Japan is so impressive there is a special word for it: bakugai, or explosive buying."
"Chinese Lingerie Makers Urged to Innovate to Survive" (South China Morning Post)
"The market remains too fragmented with around 3,000 manufacturers operating across the country, none of whom hold more than a three per cent share."
"Luxury Brands Get Tough With Counterfeiters" (The Wall Street Journal)
"The court froze the websites and transferred their domain names — many of which are believed to originate in China — to Alexander Wang."
"Fast Fashion's Uncertain Place in China's Future" (Sourcing Journal)
"In the coming years, it will be up to China to stick with cheap clothing or drastically alter the global fashion supply chain."
"Tim Cook Is Back in China, This Time for Wedding Dresses and Fitness Classes" (Quartz)
"Yesterday he posted photos of himself with Guo Pei, one of China's most celebrated fashion designers."
"China's Alipay Deepens Push Into Europe With Ingenico Partnership" (Reuters)
"Ingenico Group has signed a deal with Alipay that will allow Chinese consumers to use the mobile payment app widely across Europe, the French company said."
Chinese celebrities made a comeback at the European shows this season, but the brands hosting them see the country’s A-listers as more high-risk, high-reward than ever amid fresh scandals and tightening government regulation.
Owners of international brands like Lanvin and Carven faced challenges in their home market under ‘zero-Covid’ rules but China’s economic recovery is now on the horizon.
Critics say they are dystopian, but ‘flawless’ virtual influencers may be worth considering in a market where celebrity brand ambassadors have become an increasingly risky investment.
Mainland shoppers have flocked to local tourism hubs like Macau and Hainan over Chinese New Year and are expected to visit Asian destinations like Thailand and Singapore before returning in droves to European fashion capitals later this year.