Yohji Yamamoto’s Y-3 Opens in Beijing, and Alexander Wang to Open First Flagship in Old Yohji Yamamoto Space The fifth free-standing Y-3 location opened last Friday in Beijing Yohji Yamamoto’s financial problems are not new, as he filed for bankruptcy and abruptly closed his flagship store on Grand Street in New York a little over…
Beijing’s Little-Known, Tradition-Infused High Fashion
Celebrities, Wealthy Beijingers Flock To Designer Zhang Binqiao’s Boutique At 15 Guanghua Road Designer Zhang Binqiao Jing Daily has previously looked at the growing interest (or “re-interest”) in traditional Chinese clothing in China, noting that clubs based around dressing in ancient Han Dynasty style (Hanfu) have popped up in a few cities and home-grown fashion…
When (And How) Will China Create A World-Class Brand?
Chinese Upstarts “Don’t Realize It Takes Years To Create A Luxury Brand,” Says Christian Blanckaert High-end, Hermes-sponsored Shang Xia's first boutique, at Hong Kong Plaza in Shanghai Although international luxury brands are plagued with challenges in mainland China, from uneven consumer education and poor buyer loyalty to 0ften low profit margins, the sheer size and…
Will Prada Go Through With Hong Kong IPO?
Rumors Began Circulating Earlier This Year Prada's potential Hong Kong IPO could be a game-changer Once again, rumors are flying that Prada may be considering an IPO in Hong Kong rather than its home base of Milan, attracted by the prospect of a higher price in the red-hot Asian consumer market. We heard similar rumblings…
Burberry Buys Out Chinese Trading Partner, Aims At Unifying Brand
British Brand Ends 20-Year Partnership With Kwok Hang Holdings Burberry hopes to have over 100 franchises in China within the next five years The Guardian reports today that Burberry has bought out its Chinese trading partner, Kwok Hang Holdings, for £70 million (US$107.65 million) as part of the brand’s restructuring efforts. According to the article,…
Lane Crawford To Open 3 New Mainland China Locations By 2014
HK-Based Department Store Recently Hosted Phillip Lim Event In Beijing High-end department stores like Lane Crawford are thriving in cities like Beijing This week, the Hong Kong-based retailer Lane Crawford announced plans to open three new locations in mainland China by the end of 2014. According to new Lane Crawford head Andrew Keith, the company…
Will Chinese Luxury Shoppers Embrace The “Logo-Less” Trend?
New Collections By Louis Vuitton, Gucci, Chanel Eschew Conspicuous Logos For More Understated Look Will Chinese shoppers still shell out for a "logo-less" LV bag? (Image: LVMH) This week, Britain’s Telegraph reported on the recent luxury industry trend towards subtler, “antibling” collections that minimize conspicuous logos in favor of more low-key designs. According to the…
5 Things We Know About Hèrmes’ New China Brand, Shang Xia
China-Designed, Managed Luxury Brand To Launch In Shanghai This September, With Future Plans For Beijing, Paris Locations Shang Xia, Hermes' new China sub-brand The September launch of Shang Xia, Hèrmes’ China-designed, manufactured and managed luxury sub-brand, is a little over a month away, yet despite close to a year’s worth of outside speculation we’ve heard very…
Chinese, Indians Going From Brand Worshippers To Brand Purchasers
Chinese, Indian Companies Increasingly Acquiring Pedigreed Western Brands To “Leapfrog” Ahead Some Chinese brands like Trands are hoping to break into the international mainstream without acquisitions With the possible exception of the Warren Buffett-feted Trands, Shanghai Tang, and JNBY, which recently set up shop in New York’s Soho district, higher-end Chinese fashion brands are virtually unknown…
Don’t Miss: Triple-Major Concept Store Grand Opening and Inaugural Exhibition In Beijing (Oct. 29)
Store Stocks Over 20 Designers From More Than 10 Countries, Including Finland, Austria And The Netherlands Triple-Major is a breath of fresh air in Beijing's commercialized fashion market Tomorrow night (October 29, 8-10 PM), fashion and/or art lovers in Beijing should be sure to check out the grand opening of the vintage and avant-garde concept…