Chanel Plans to Keep Investing in China Despite Demand Downturn
CEO Leena Nair pointed to the brand’s recent renovation of its Plaza 66 boutique in Shanghai, calling China ‘a market where the clients understand sophistication, refinement.’
Global Markets
A guide to unlocking opportunity in emerging and frontier fashion markets.
Walmart Attempts International Turnaround
The world's largest retailer has a renewed focus on catching up in key international markets, as it loses market share to rivals.
Alibaba to Invest $320 Million in Thailand, as Rivals Boost Presence
Alibaba-backed Lazada is already one of the most popular e-commerce businesses in Thailand.
Turkish Retailer DeFacto to Cut Debt, Open Stores With IPO Funds
The clothing retailer will use proceeds from a share sale to cut debt and fund an expansion at home and abroad.
Op-Ed | It’s Time for Vogue Africa
With international editions of Vogue for the Middle East, Latin America and more recently for Poland and even the Czech Republic, calls for Vogue Africa are growing louder.
Walmart Favoured Over Amazon to Buy India's Flipkart
Walmart is likely to reach a deal by the end of June in what could be the US retail giant's biggest acquisition of an online business, according to sources.
How Shanghai Fashion Week Got Its Groove
Buoyed by fresh talent, Shanghai’s fashion week is powering past regional rivals in Seoul and Tokyo, and ready to stand up to international scrutiny, reports Susanna Lau.
Dubai Showcases Modest Fashion Without Runways or Models
A weeklong fashion event in Dubai is being held without catwalks, models or skin-baring designs.
How Zara Transformed Its Hometown Into a Spanish Powerhouse
Inditex helped the city of A Coruña withstand Spain’s crisis.
China’s Rich Kids Get Entrepreneurial
The stereotype of China’s super-rich second generation continues to haunt many so-called “fuerdai,” who are criticised for their lavish lifestyles and vanity projects, but some are eager to disprove the notion they are spoiled slackers.
Top Chinese Fashion Groups Jostle for Market Share
Chinese fashion groups like EPO are keeping one step ahead by diversifying their portfolios and upgrading product ranges.
Alibaba, Tencent Rally Troops Amid $10 Billion Retail Battle
China’s tech giants, worth a combined $1 trillion, are on a retail investment binge, forcing merchants to choose sides amid a battle for shoppers’ digital wallets.
Can Hong Kong Keep the Cool Factor?
Hong Kong has long been a key player in the global fashion business, but as the creative industries become ever stronger on the Chinese Mainland, the city is losing its influence.
THE NEWS IN BRIEF
Fashion Empire Azzas 2154 to Split Two Years After Failed Merger
Both companies that previously comprised one of Brazil’s largest apparel exporters will retain a stake in Farm Rio after separating.
Indian Fashion Retailer Purple Style Labs Plans IPO
The Bollywood star-backed company behind multi-brand retailer Pernia’s Pop-Up Shop will launch its share sale next week as it taps demand for luxury wedding and occasion wear.
Trump Picks White House Ally Overton to Lead Embattled FDA
The US president chose an ally to steady an agency shaken by staff losses, low morale and fights over vaccines and drug approvals.
Russian E-Tailer Wildberries Hit by Wave of Ukrainian Drone Strikes
The e-commerce giant has seen at least 20 warehouses attacked since mid-July as Kyiv steps up strikes inside Russia and Moscow intensifies its bombardment of Ukraine, more than four years into its full-scale invasion.
Adidas Shares Plunge After World Cup Spend Dents Profit
Shares in the company fell the most on record after its marketing outlay for the World Cup resulted in lower-than-expected quarterly profit.
Chinese Jeweller Laopu Gold’s Shares Drop on Growth Outlook
The jeweller lost $2.1 billion in market value after forecasting first-half 2026 revenue growth of up to 66 percent, a sharp slowdown from last year that unsettled investors in one of China’s most viral consumer brands.
US Businesses File Lawsuit Challenging New ‘Forced Labour’ Tariffs
Two small businesses, backed by the group that successfully sued over previous tariffs, say the new policy similarly exceeds the president’s authority to tax imports.