The growing importance of Chinese consumers to luxury retail worldwide means luxe brands can’t afford to ignore Shanghai.
As well as catering to the needs of the city’s increasingly wealthy and sophisticated luxury consumers, having a retail presence in Shanghai means international luxury brands can introduce themselves to a population that is increasingly likely to spend its yuan overseas.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)