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18 Apr

Mytheresa Spotlights Chinese Talent Via Exclusive Collections

LONDON — Mytheresa is prepared for an enormous reveal this week, unveiling 4 exclusive capsule collections from its debut China Designer Program. This system, which was announced last fall, is supposed to spotlight a recent generation of talent, and reflect Mytheresa’s ambitions in China and the Asia Pacific region. Designers Susan Fang, Di Du, Jaques Wei and Xuzhi Chen were chosen by a jury that included Tiffany Hsu, Mytheresa’s vp of fashion buying, and Chuxuan Feng, founding father of Huasheng Media and editor in chief of T Magazine China. Mytheresa will host a dinner in Shanghai on Tuesday with the 4 designers in attendance, and the collections will launch globally on Mytheresa the next day. The editorial and video were produced by a Chinese...
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4 Apr

Chinese Company Buys Cerruti 1881 and Kent & Curwen

LONDON – Guangzhou-based fashion company Biem.L.Fdlkk Garment has purchased the worldwide trademark rights of Cerruti 1881 and Kent & Curwen, two brands whose owners have included Trinity Ltd. and Shandong Ruyi. The Chinese firm said it paid the equivalent of $62.18 million for the worldwide trademark rights of Cerruti 1881, and $41.45 million for the worldwide trademark of Kent & Curwen. The 2 brands were once owned by Trinity Ltd., as was Gieves & Hawkes, which was sold to Frasers Group last November. Trinity Ltd. was sold in 2017 by its owner, the Hong Kong-based sourcing giant Fung Group, to the now debt-laden Chinese fashion manufacturing giant Shandong Ruyi Technology Group. As reported, Cerruti 1881 fell victim to cuts because the Chinese owners struggled to...
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30 Mar

Chinese Consumers to Drive Luxury Sales within the Middle East

SHANGHAI — Based on a recent report from Barclays, a healthy luxury consumption rebound within the Middle East might be partly fueled over the approaching months by China‘s reopening. “We expect Chinese tourists to supply a lift to Middle East luxury sales over the subsequent six to 12 months, which ought to be visible from the second quarter onward,” Barclays wrote within the report. “We estimate that Chinese tourism contributed around 10 to fifteen percent of luxury sales in Dubai pre-pandemic,” the report continued. “Taking a look at flight data, it is evident that travel from mainland China toward Dubai is recovering at a much faster pace than toward Europe since year-to-date, because of higher flight capability and targeted marketing campaigns from...
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