On the evening of November 30th, Louis Vuitton’s new menswear creative director Pharrell Williams brought the Pre-fall 2024 show to Hong Kong at Avenue of Stars in Tsim Sha Tsui.…
China
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AsiaChinaFashion Trend
China’s Demure ‘Good for Marriage’ Trend Sparks Feminist Furore
by Lola Martinby Lola MartinHONG KONG – A fashion trend in China dubbed “good for marriage” has generated a social media storm, with scores of women saying the demure, feminine style plays to gender stereotypes…
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AsiaBrandChinaFashionFashion BrandThailand
Sportswear Label Anta Opens Outlet in Thailand
by Angel Woodsby Angel WoodsChinese sportswear brands Anta has launched its first brick-and-mortar store in Thailand as part of its expansion plan in the Southeast Asia market. Located in Bangkok’s CentralWorld, the store covers…
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Shein, the China-founded fast-fashion retailer, has bought the Missguided brand from Mike Ashley’s Frasers Group, the e-commerce giant’s first purchase of a British brand. Frasers said on Monday, Shein will…
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AsiaChinaChinese FashionFashionFashion BrandFashion Industry
Chinese Fast-Fashion giant Shein Set to Raise $2.7b, Eyes US IPO Later This Year: Sources
by Audrey Marshby Audrey MarshThe United Arab Emirates’ sovereign wealth fund, Mubadala, is a major investor in this round, as are existing investors, private equity firm General Atlantic (GA) and venture capital group Sequoia…
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AsiaChinaFashionFashion BrandFashion Industry
Puma Raises Revenue Outlook, Handling China Woes Better Than Adidas
by Lola Martinby Lola MartinPuma said its earnings before interest and taxes (EBIT) rose 34.4% on the year to 146 million euros ($148 million), compared with analysts’ average forecast for 128.94 million euros. It…
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The luxury conglomerate was helped by strong sales of its fashion and leather goods. Solid results in Europe, the US and Japan also helped offset a poor performance in China,…
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The launch will be via a joint venture with E-Shine, also a local partner of listed fashion company Septwolves Industrial. Desigual aims to reach an annual turnover of US$40 million…
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Online fast-fashion retailers from China are making significant strides in the US fashion industry and steadily gaining market share, according to the latest industry figures. The e-commerce platforms have become…
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China’s Manufacturing FDI Inflow up 46.1% in 2022: Commerce Ministry
by Cole Burkeby Cole BurkeChina’s manufacturing industry saw a 46.1 per cent year-on-year increase in foreign direct investment (FDI) inflow to 323.7 billion yuan (approximately $47.93 billion) in 2022, according to the country’s commerce…