China


Tod’s 9-Month Profit Falls 21.6%

Tod’s Portraits enters the world of Sonia Sieff, the French photographer and film director.

Ancona, Italy—Tod’s reported that its nine-month profit dropped 21.6% as costs rose and fewer of its high margin leathergoods were … [Read more...]

China Touts Top Accessories Brands in Times Square on “Singles Day “(11/11)

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Shenzhen, China—It’s known as “Singles Day,” a reference to the day (11/11) and has become the Cyber Monday for China especially … [Read more...]

Retailers Applaud Extended Chinese Visas, Encouraging International Shopping

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Washington–The National Retail Federation today was among the retail groups that applauded the announcement that the United States … [Read more...]

Crocs Q3 Earnings Up, But Forecast Weak

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Niwot, CO—Crocs Inc. said Monday afternoon that its third quarter nearly a 5% sales increase but its profit missed analysts’ … [Read more...]

AAFA, China Counterpart Forge Partnership

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Arlington, VA—The U.S. and Chinese governments may be on dicey terms, but two major fashion industry groups are in … [Read more...]

LVMH Sales Up Despite Weakness in Asia

What happens when Christian Louboutin designs for Louis Vuitton's Monogram Collection: a Shopping Trolley. Retail: $23,000

Paris—LVMH, “the world's biggest luxury group,” reported today that sales were up in its third quarter as business picked up in … [Read more...]

Global Luxury Business to Hit $405 Billion in 5 Years

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London--Euromonitor International, a market research firm, predicts that the worldwide luxury business will grow 19 percent to … [Read more...]

Metropolitan Museum to Salute Chinese Art, Fashion at Costume Institute

Tom Ford for Yves Saint Laurent, Paris Fall/winter 2004–5
Courtesy of The Metropolitan Museum of Art, Photograph by Marcio Madeira, © firstVIEW

New York–Greater China and Asia are hot! It’s not just a matter of economics either. The Spring runways featured an array of … [Read more...]

Week in Review: What You Missed

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New York—Finally something spooky for retailers that won’t frighten even most cynical of Wall Street analysts: potential Halloween … [Read more...]

Li & Fung: China Consumption Growth to Bring Major Change

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Paris--Not content with dominating the global exporting landscape, China is now switching its focus to growth in domestic … [Read more...]

Li & Fung Profit Rises 16% on Improved Sales to U.S.

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Hong Kong—Li & Fung, one of the world’s largest suppliers to retailers, , the world’s reported first-half profit rose 16% … [Read more...]

Week in Review: 10 Things to Know

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New York—Thank heavens for international sales. Especially if you are a Michael Kors, Coach or Prada. Those luxury leathergoods … [Read more...]