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The Business of Fashion

China

Luxury

Zegna to Take Summer Fashion Show to Beijing

The Italian label has continued to enjoy solid growth in China, defying a wider downturn in demand for European luxury. The June 11 presentation of its summer collection will be the latest in a series of travelling shows.

Global Markets

Paris, We Have a Problem: Why European Luxury Is Under Pressure in China

Savvier clients, stronger local competitors and a fragile economic recovery are eroding the conditions that fuelled decades of growth for the likes of LVMH and Kering.

Global Markets

Samuel Guì Yang Does Fashion at Its Own Pace

A subtle and contemporary Chinese-inflected aesthetic has long made the label the star of Shanghai Fashion Week. After over a decade in business, it is finally ready for growth.

Global Markets

Dongliang Wants to Be Luxury’s Gateway to China

The retailer’s rigorously curated and cultured approach has already made it stockist-of-choice for labels from The Row to Phoebe Philo. Now it aims to help Western brands build their own retail presence in China.

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Luxury

Dior to Host Cruise Show in Shanghai

The LVMH-owned megabrand will show its Cruise 2028 line in the Chinese fashion capital on May 14, 2027.

Luxury

Louis Vuitton Loses Sales in China After Fight With Local Tea Chain

A trademark fight with a local tea maker sparked a patriotic backlash that exacerbated a demand slump for LVMH’s most profitable label.

Global Markets

Opinion: China’s Luxury Setback Leaves Brands Reliant on the US

A renewed slowdown in Chinese luxury spending is raising fears of another false dawn for the sector, increasing brands’ reliance on American consumers and their exposure to a US stock market correction.

Beauty

China’s New Tourist Obsession Is a 24-Hour Spa

For less than the cost of many hotels, sprawling bathhouses offer soaking pools, sleeping lounges, lobster buffets and TikTok-ready wellness.

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Luxury

Luxury Sales Plunge in China as Tax Measures Hit Wealthy Shoppers

Global luxury brands face a deepening sales slump in China, as the country’s campaign to tax offshore wealth dampens spending by the country’s richest consumers.

Global Markets

Selling Love in China: How Qixi Marketing Strategies Are Shifting

As younger Chinese rethink romance and relationships, global luxury brands are adjusting their approach to Qixi — an ancient festival often compared to Valentine’s Day — with mixed success.

Retail

Shein IPO Value Could Fall Short of $30 Billion Targeted by Some Investors

Bloomberg Intelligence estimates the ultra-fast fashion retailer supports a valuation of $22 billion to $25 billion, well below the roughly $30 billion valuation some investors have pushed for.

Luxury

Hermès’ Chief Watches China’s Pork Prices to Gauge Luxury Demand

When it comes to gauging the possibility of a sales rebound for his luxury group in China, Hermès executive chairman Axel Dumas turns to an unusual metric.