A slowdown in mainland Chinese tourist flows continues to erode business for stores. Retail sales fell 8.5 percent in December and 7.8 percent in November.
By on March 3, 2016
HONG KONG — It has been another tough month for retailers here.
January retail sales in Hong Kong slumped 6.5 percent on the year, according to figures released Thursday by the government’s Census and Statistics Department. A slowdown in mainland Chinese tourist flows continues to erode business for stores. Retail sales fell 8.5 percent in December and 7.8 percent in November.
Phoebe Philo is returning to fashion.
WWD reported yesterday that the English designer is planning a new collection and has been interviewing designers.
One of the most acclaimed designers of her generation, Philo made her name during a 10-year tenure at Celine. Season after season, she minted low-key modernist clothing and handbags and built an intensely loyal fan base.
Philo said the above quote in an exclusive interview when she joined @celine in 2008.
Report: Miles Socha & Samantha Conti
The Hervé L. Leroux label is returning to ready-to-wear.
The revived line will be presented to buyers during Paris Fashion Week and is designed by the late couturier’s sister Jocelyne Caudroy.
"Hervé left a fantastic heritage [of sketches and unfinished works]. When the project was suggested, I thought of Virginie Viard and how she had worked alongside Karl Lagerfeld. I accepted because this way, I can preserve the way Hervé worked. To continue, when given the opportunity, is important because this heritage lives within us,” Caudroy said.
📸: WWD Archives
French beauty exports grew 9% in 2019.
The sector’s sales to China rose 48 percent on-year.
Overall, France’s largest export beauty product category was skin care, which generated more than 7.3 billion euros, up 46 percent over the past five years.
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