Parent company L Brands files for credit protection in the U.K., a move that will impact the lingerie business’ 25 U.K. stores.
Chinese consumption is recovering earlier than expected. But it’s unlikely to be quick enough to make a significant difference to dire predictions for this quarter.
Chinese Premier Li Keqiang wants the revival of street vendors to revitalize small businesses, how should fashion capitalize on the policy?
McKinsey presented the results of a research conducted in collaboration with the Italian fashion chamber and Pitti Immagine.
While uncertainty looms over LVMH’s $16.2-billion offer for Tiffany & Co., the jeweler presses ahead with its China expansion.
Faced with mounting debts, it will focus on restructuring its portfolios, high-tech fabrics, and automated production to improve profitability.
Thanks to live-streaming and free delivery, the Alibaba-owned retailer saw online business quadruple and revenue bounce back in May.
Instead, the luxury retailer emphasized the markets around the globe where it continues to grow.
The tropical isle boasts natural beauty and as of June 1, a duty-free allowance that has more than tripled to 100,000 rmb.
The Italian accessories company has been streamlining its distribution globally and raising its positioning.
The fashion house hopes to have the majority of its retail fleet open by July.
Carle was credited with discovering Liu Wen when she was a fitting model and the launch of the Chinese editions of Marie Claire and Numéro.
It aims to achieve more than 650 billion renminbi in revenue this year, indicating the speed of growth will slow down from 35 to 27.5 percent.