HONG KONG — The rising buying power of Chinese consumers and a corresponding drop-off in European demand was readily apparent at the latest Interstoff Asia fabric fair.
Suppliers at the show, who were mostly from China, noted a surge in domestic Chinese buyers over the last two years. At the same time, order sizes from American and particularly European buyers have become smaller and less frequent, they said.
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)