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The Business of Fashion

Shanghai, China

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.

Global Markets

Dispatches From Shanghai: Inside China’s New Luxury Landscape

On his first visit to Shanghai since before the pandemic, Imran Amed finds a market that has fundamentally changed — from status spending to stealth wealth, from megabrands to homegrown labels, from fashion focus to lifestyle emphasis — and asks, can Western brands catch up?

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Fashion Week

In Shanghai, the Martens-Margiela Synchronicity

Glenn Martens staged an opulent outing that underscored the depth of his connection to Maison Margiela, but the designer may have found his comfort zone too early, writes Angelo Flaccavento.

Fashion Week

Can Shanghai Fashion Week Give Rise to Global Labels?

The Shanghai shows can be formulaic and unoriginal, but China’s fashion capital is producing a handful of talents with the potential to go global, reports Angelo Flaccavento.

Sports

Nike’s China Stumble Exposes Execution Gaps

Operational missteps and fierce competition from domestic rivals like Anta have left the sportswear brand trailing in its second-largest market outside North America.

Global Markets

Second-Tier Cities Are Critical to Reviving Luxury Growth in China

Hubs like Nanjing and Changsha are drawing increased attention from brands such as Louis Vuitton and Burberry as middle-class consumers relocating from Beijing and Shanghai in search of higher quality of life take their appetite for luxury goods with them.

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Retail

Despite Tariffs, China Consumer Giants Push Into the US As Domestic Market Stalls

Brands like Urban Revivo and Pop Mart are expanding into the US retail market to seek higher margins and offset slower domestic spending.

Global Markets

China’s Singles’ Day Shopping Winds Down With ‘Muted’ Sentiment, Sales Expectations

The world’s largest shopping event failed to spark widespread excitement as ongoing consumer malaise tempered spending.

Luxury

Luxury Brands Turn On the Charm in China to Kindle Spending Recovery

Companies are shifting focus from rapid expansion to deeper engagement with wealthy consumers as they seek growth in the uncertain market.

Global Markets

Chinese Zara Rival Urban Revivo Steps Up Global Push With New Stores in Fashion Capitals

The fast-fashion retailer is expanding with new store openings in London, New York, and Hong Kong, aiming for 200 overseas locations within five years.