Featured Posts

To top
Title Image

China Tag

23 Dec

No. 3: China Lockdowns Dent Luxury Spending, Brands Look

No. 3: China Lockdowns Dent Luxury Spending, Brands Look
The Chinese fashion and luxury market has had a rough yr. Waves of strict lockdowns throughout 2022, especially the two-month-long one in Shanghai, wreaked havoc on fashion spending. Within the six months that ended June 30, LVMH Moët Hennessy Louis Vuitton said it saw significant gains in Europe and the U.S. but experienced “severe double-digit declines” in China. Kering Group, whose sales rose 23 percent year-over-year in the primary half, concluded that the Chinese market was “improving but still unstable” after a powerful global retail performance that offset losses within the second quarter in China. Compagnie Financière Richemont’s jewelry division grew greater than expected in the primary half to Sept. 30 but in addition witnessed double-digit sales declines in China. Swiss...
Continue reading
16 Dec

Armani Beauty Debuts Global Flagship in China – WWD

Armani Beauty Debuts Global Flagship in China – WWD
PARIS — Armani beauty has just opened a latest high-tech, high-touch global flagship, called Armonia, in Shenzhen, China. Situated within the One Avenue mall, the immersive, 3,230-square-foot retail space is supposed to bring forth and reflect harmony — armonia, in Italian — and mindful beauty. Those are on the core of the luxurious brand’s identity and purpose, in line with Véronique Gautier, Armani beauty global president, at L’Oréal. “[Armani’s] natural sophistication permits you to reveal who you might be — this inner self, inner power,” she said. For the flagship, the brand conceived quite a few latest ways for people to disconnect from day by day life’s hubbub and reconnect with themselves. The thought is for them to seek out their very own...
Continue reading
10 Dec

LVMH-owned Cha Ling Shuts Stores In China – WWD

LVMH-owned Cha Ling Shuts Stores In China – WWD
SHANGHAI — LVMH Moët Hennessy-owned Cha Ling is the newest skincare brand to shut its brick-and-mortar operations within the China market after COVID-19-related disruptions. Founded in 2016, Cha Ling is a luxury skincare brand based on pu’er tea culled from China’s Yunnan Province and developed into formulations in France. After launching at Le Bon Marché in 2016, Cha Ling expanded to Hong Kong and mainland China in 2017. In the next years, Cha Ling opened three independent stores in Chinese shopping malls, including Shanghai HKRI Taikoo Hui, Shanghai IFC, and Hangzhou’s MixC Mall. In accordance with Dianping, the Chinese version of Yelp, Cha Ling’s Pudong and Hangzhou stores have closed in recent times. The brand announced the closure of the HKRI Taikoo Hui...
Continue reading
25 Nov

Aesop Soap Bar First China Store In Downtown Shanghai

Aesop Soap Bar
Aesop Soap Bar SHANGHAI — Aesop Soap Bar For its first brick-and-mortar retail store in China, Aesop picked a leafy serpentine street called Dongping Road in the previous French Concession of downtown Shanghai. Aesop’s in-house design team spent almost a yr fine-tuning the shop. The 2-story, 3,230-square-foot space touts a homely ambiance with locally sourced materials that “pays homage to Chinese craftsmanship,” in accordance with the brand. Sleek basins that take center stage at the shop are made with Guizhou travertine stone, which local artisans sculpted. A ceiling cushioned by a wheat-straw installation handwoven by Chinese artist Didi Wu evokes local handicraft traditions still utilized within the Shanghai region. Vintage French furniture and light-weight fixtures that furnish the shop add to its discreet...
Continue reading