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The China Edit | Hong Kong, Apple Watch, Amazon, House of Fraser

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.
By
  • Kate Abnett
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"Luxury Brands Suffer as Hong Kong Spending Patterns Shift" (Bloomberg) "Instead of rich Chinese flying in, the city is seeing an increasing number of visitors with big luggages hoarding up space in its subways, on its buses and on the pavements."

"Apple Watch Targets Chinese Aspirations in $16 Billion Market" (Bloomberg) "Apple Inc. jumped to the top of the Chinese market by adapting the iPhone to local tastes. It's using the same recipe with the Apple Watch."

"Amazon Opens Store on Alibaba's Tmall" (Reuters) "Amazon.com Inc has opened an online store on Alibaba Group Holding Ltd's fast-growing online marketplace, Tmall.com as it seeks to expand in China."

"House of Fraser's Plans for China May Need More Than Britishness" (The Financial Times) "As Prince William arrived in Shanghai this week on a rare royal visit aimed at boosting British business in China, two of the UK's most famous retailers demonstrated just how hard it is to succeed in the country — even for well-known brands."

"Luxury Goods Market in China Shrinking Fast(Want China Times) "2014 appeared to be a miserable year for the luxury goods market in China, as evidenced by the closure of many luxury brand stores and the ouster of a number of their executives."

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