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.
"SuperGroup Embarks on China Expansion" (The Guardian)
"SuperGroup is stepping into China via a joint venture deal with Trendy International Group, a casual fashion company backed by LVMH, the luxury goods house that owns Louis Vuitton and Céline."
"The Truth Behind Macau's Luxury Market" (The Business of Fashion)
"With gambling revenues that dwarf those of Las Vegas and non-stop retail expansion, why are there so many mixed messages about China's gambling mecca?"
"Alibaba to Invest over $100 Million in China's Mei.com" (Reuters)
"Chinese e-commerce company Alibaba Group Holding Ltd is investing more than $100 million in Mei.com, a 'flash sales' platform for luxury and fashion goods, according to a source with knowledge of the deal."
"Chinese Counterfeiting in America" (Associated Press)
"China is not the only country with a counterfeiting problem. Most fakes are made in China, but they are sold in America, where counterfeiting is rarely prosecuted as a crime."
ADVERTISEMENT
"Chinese Influx Buoys Japan Port City of Fukuoka" (Financial Times)
"The Chinese coming here used to be the rich, says Miwa Mochizuki, a spokeswoman for the Canal City mall. Now it is the middle class."
"Fashion Design in China: 'The Trick Is to Embrace the Chaos'" (The Guardian)
"After Ma became one of the few mainland-born designers ever to be invited to show at Paris Fashion Week – still the ultimate destination for any designer – media coverage about her at home exploded."
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.
While travel to Europe remains muted, Chinese shoppers are flocking to Singapore, Thailand and other Southeast Asian destinations where fashion retailers are hoping Lunar New Year marketing investments will pay off.
Local fashion designers experimenting with puffers and other down clothing have scored collaborations with outerwear companies like Moncler and attracted the attention of prominent international retailers like H.Lorenzo.