China


Wal-Mart to Open 115 Stores in China

wal-mart china

Wal-Mart is pushing further into China.Wal-Mart Stores Inc. plans to expand in China by opening 115 new stores by 2017, … [Read more...]

Fashion Industry Eagerly Awaits ‘China: Through the Looking Glass’ and Met Gala

Dress, John Galliano for House of Dior, Fall 1997

Fashion royalty and A-list celebs are certainly planning their Chinese-inspired outfits to wear on the Met Gala's Red Carpet May … [Read more...]

Iconix Buys Out China Joint Venture Partner for $56 Million

materialgirl

New York—Iconix Brand Group Inc. has bought out its joint venture partner Novel Fashion Brands Ltd., acquiring its 50% stake in … [Read more...]

Hong Kong Protests Dampen Burberry’s Asian Sales Gains

Campaign stars Naomi Campbell and Jourdan Dunn wearing Burberry Prorsum for the Spring/Summer 2015 campaign

London—The pro-democracy activists who camped out in Hong Kong’s main business district for two months to bring attention to their … [Read more...]

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)

singles_da

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

China

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

crocs

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

usa - china flag (2)

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

Luxury-Goods-Shop-Receipt-0414

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...]