Both Italian houses have installed new management to oversee their businesses in China, a crucial market for luxury goods consumption. At Gucci, Laurent Cathala will …
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China
The Biggest Mistakes Luxury Brands Make in China
For the luxury sector, the Chinese are the most important consumer nation, accounting for about 30 percent of total sales. By 2025, that number is …
Russia Looks to Retailers From Turkey, China, India and Brazil as European Brands Exit
The Russian Union of Shopping Centers is reportedly in negotiations with retailers from Turkey, China, India and Brazil to open new stores in the country’s …
Bottega Veneta Takes Over the Great Wall of China for Lunar New Year
In celebration of the Lunar New Year, Bottega Veneta has taken over the Great Wall of China, marking he first campaign of the brand’s newly-appointed …
Mytheresa Partners With JD.com in China
The German luxury e-commerce company has joined the Chinese e-commerce giant, launching an official e-boutique on its platform. The online store offers luxury brands such …
Power Moves | Josh Schulman Exits Capri; Adidas Names New China Chief – Business of Fashion
Images and Article from www.businessoffashion.com. Michael Kors chief executive Joshua Schulman to exit Capri, group head John Idol to remain. Schulman became chief executive of …
Adidas Expects Russia Hit in 2022, but China Recovery
Images and Article from www.businessoffashion.com. German sportswear company Adidas said it expected a halt to its business in Russia due the war in Ukraine to …