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 heartthrob, Gong Jun, celebrated Valentine’s Day earlier this week by becoming the global brand ambassador for Hogan.
The 29-year-old actor, known for roles in wildly popular dramas such as ‘Word of Honour’, is closing in on 20 million followers on social media platform, Weibo, where news of his ambassadorship with the Tods’ Group-owned brand was announced.
This marks a flurry of new Chinese celebrity tie-ups with luxury brands announced in recent weeks. Last week, Fendi announced that actress and singer, Tang Yixin, who has 17 million followers on Weibo, would be its brand ambassador, and in the first week of February, Omega announced short-track speed-skater, Fan Kexin, a winner of gold and bronze medals at Beijing’s Winter Olympics, as its new “brand advocate”.
Even though celebrities are under more scrutiny than ever in China and several big names have found themselves effectively erased from public view due to real or perceived problems with their morality, global luxury brands aren’t slowing down when it comes to linking with famous Chinese faces in order to sell more products in the growing luxury consumer market.
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China Circulates New Rules for Celebrities Promoting Brands, Products
China’s cyberspace regulator has released a circular outlining new guidelines for celebrity-produced and celebrity-related content online.
As the country’s economy moves into deflationary territory, manufacturing output declines and a real estate crisis worsens, some consumers are becoming increasingly cautious.
Its flagship brand struggled following the departure of its creative director but better growth was seen at other labels.
After years of outsized growth in prestige cosmetics, consumers have pulled back on the typically recession-proof category.
Last year’s harsh pandemic restrictions and recent raids on foreign firms have made it harder for Western fashion companies to persuade top international talent to move to the country.