The company cited challenging market conditions, including digital disruption and the Covid-19 outbreak, as reasons for agreeing to the deal.

HONG KONG, China — Founded in 1988, I.T swiftly established itself as a stockist of hard to find international brands throughout the Nineties in Hong

LONDON, United Kingdom — Owned by Comme des Garçons and known for its daring edit, creative visual merchandising and bi-annual “tachiagari” whereby

Owned by Comme des Garçons and known for its daring edit, creative visual merchandising and bi-annual “tachiagari” whereby the interior of the store

IDG Capital and Hong Kong-based I.T Group have acquired stakes of 30.1 percent and 10.9 percent of the company.

At the helm of a 750-store network across Greater China, Sham Kar Wai knows a thing or two about the Chinese consumer. On the eve of I.T Group’s 30th anniversary, the founder and CEO explains how he will double down on the market.

In spite of the country’s slowing economy, stock market turmoil and a climate of uncertainty, China’s luxury market still presents lucrative opportunities if you know which direction to look.

The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.