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.
Shanghai Fashion Week, which will run from April 6 to 13, has tapped livestream sensation Li Jiaqi (aka Austin Li) to host two events on its opening day, including the launch of its consumer-facing Shanghai Fashion and Lifestyle Carnival. The influencer, who boasts nearly 50 million followers across Weibo, Xiaohongshu and Alibaba platforms, is considered one of China’s most powerful sales drivers and will host an event in partnership with Alibaba’s Tmall platform alongside a livestream to promote Chinese design with emerging designer platform Labelhood.
Shanghai Fashion Week also named Xiao Xue, former editor-in-chief of Elle China, an ambassador for a three-year term. She will play a role in supporting Chinese brands, promoting sustainability and women’s empowerment.
Though the schedule will continue to place weight on B2B activations like runway shows, showrooms and trade shows, the two collaborations are a part of the organising committee’s post-pandemic bolstering of its B2C offering with events catering to a mass audience using influencers, digital campaigns and social commerce.
Shanghai Fashion Week experimented with this twice last year by collaborating with another livestreaming star, Viya. Her personal brand, ITIB, presented in October, attracted more than 20 million views and made nearly 200 million yuan ($ 30.72 million) in sales on the day.
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.