Unmasking East Asia's Beauty IdealsHONG KONG, China – With over 270 million monthly users, Chinese technology company Meitu is in the business of vanity. The company has several apps, but their most famous one is MeituPic – China's number one photo retouching app. It gives users the ability to alter their appearance with...
Swiss Watch Exports Fall for 14th Month as Slump Spreads
Exports to Hong Kong fell 29 percent, while shipments to Germany slid 15 percent, the federation said. The US and Japan showed declines of 12 percent and 27 percent, respectively. One bright spot was the UK, where Swiss watch exports increased 24 percent after the Brexit-induced tumble in...
The China Edit | Lululemon Warms Up, Hunting for Watch Sales, Macau Openings"
(The New York Times)
"Even as Swiss watch exports continue to decline, watchmakers are sharply focused on trying to find just the right combination of marketing and retail strategies in Hong Kong and mainland China, the industry's No.1 and No.4 sales markets."
(South China Morning...
The Seven Bag Wonders of the World
Shop D4027, 4/F, SKP, 87 Jianguo Road, Chaoyang District
Shop G122, Ground Floor, Gateway Arcade
Via Montenapoleone, 11
NEW YORK CITY
647 Fifth Avenue
45, avenue Montaigne
Av. Brigadeiro Faria Lima, 2232
Luxury Brands Find Breathing Space
Hong Kong retail sales contracted for the seventeenth consecutive month. Watch and jewellery sales continued their spiral descent, resulting in the erstwhile coveted luxury shopping destination losing its crown to the USA as the Swiss watch industry's largest export market....
How American Eagle Dodged the Teen Retailer Trap As of July 30, 2016, the company owned and operated 98 stores in Canada, 25 in Mexico, nine in mainland China, six in Puerto Rico, six in Hong Kong and three in the United Kingdom, with 158 stores run by third-party operators in 23 countries.
"It's always been a very positive brand, very...
90's Grunge, Faux Fur From Iijin Fall 2016 fashion design, indie clothing, style, beauty
I visited the Iijin store in Hong Kong last winter. It was in a youthful, urban standout surrounded by Gucci and Prada in a very posh mall. It is one of those labels that blends high-end sensibility with fun streetwear without looking cheap. Celebs like Kylie Jenner are already fans. They...
Power Moves | Laura Brown to InStyle, La Perla Creative Director, Forever 21 CFO Descamps, who will be based in Hong Kong, was previously VIP relations manager and head of personal shopping at MyTheresa.
To explore exciting fashion industry career opportunities, visit BoF Careers, the global marketplace for fashion talent.
10 Things You Might Not Know About the Hermès Birkin It was sold to a phone bidder at a Christie's auction in Hong Kong for $221,844 in June 2015, according to the Wall Street Journal.
9 / 10
Tales abound of interminable wait lists and customers who buy other Hermès products in hopes of building a relationship with a sales associate at a...
Swiss Watch Slump Extends Beyond a Year as Hong Kong Demand Ebbs consecutive month in July as Hong Kong, traditionally the biggest market for luxury timepieces, slipped to second place for the first time in almost a decade.
Shipments fell 14 percent to 1.6 billion francs ($1.7 billion), the Federation of the Swiss Watch Industry said in a statement...
Top Fashion Schools in China: Pushing Forward Despite Philosophical Divide Institutions like the Beijing Institute of Fashion Technology (BIFT), Tsinghua University (TU) and Hong Kong Polytechnic University (HKPU) have nurtured the creative instincts of many graduates, and came 20th, 27th and 43rd respectively in BoF's ranking of undergraduate programmes.
Lululemon's CEO Sees Lots of Room to Grow So we invested heavily in our office in Hong Kong and our quality department.
AP: How do you view risks now?
LP: Two and half years ago, as a result of the snafus, there was a bit of a cultural fear ... of not trying new things. And today, we went from playing defence to playing offence,...
Alibaba Sales Beat Estimates on Cloud as Revenue Rises 59 Percent
"Alibaba's cloud business holds a significant market share in China," Yu Jianpeng, a Hong Kong-based analyst at ICBC International Research Ltd., said before the earnings. "It's still one of the fastest-growing sectors for the company."
Alibaba, which reached a 3 trillion yuan milestone...
The China Edit | Dior Bags on WeChat, Tech Trailblazers"
"Luxury's Pain as Others Gain in Hong Kong and China" (The Wall Street Journal)
"Consumers are simply not as interested in spending on luxury goods as they once were."
"Jack Ma Is Opening His Wallet to Europe But Not to Europeans" (Bloomberg)
"China's biggest third-party payments...
Tapping Travel Retail Amidst Terror With luxury retail sales contracting by more than 10 percent in 2015 in traditional destinations of Macau and Hong Kong, national Chinese tourists are emerging as a critical revenue driver for the luxury industry.
"Overall spending is growing in double digits in real terms," says Bain's...
The China Edit | Burberry Buys China Operation, $5.7 Trillion in E-Commerce By 2020"
"The Research Firms Breathing New Life into Hong Kong's Garment Industry" (South China Morning Post)
"The city's days as a mass clothing manufacturer are long gone, but scientists and entrepreneurs have given it a new role pioneering hi-tech fabrics, mannequins and more for producers...
L'Oréal Sales Miss Analyst Estimates on Western Europe Slowdown
The maker of Maybelline and Urban Decay makeup is looking to make acquisitions and roll out more premium-priced products in the US to help spur growth at a time when it is facing a slowdown in Hong Kong and Latin America. Last week the company agreed to acquire IT Cosmetics for $1.2 billion...
BoF Exclusive | The Second Coming of Thakoon
Now, the onus is on Chou, Panichgul, Yi and Borromeo, along with 60 employees working out of offices in Hong Kong and New York, to perform. The first test will be the introduction of the brand's new website in early August, which will start off by selling a small capsule collection of...
Chasing China's High-End Lingerie Market Kong-listed Embry Holdings <1388.HK>, which owns the Embry Form lingerie brand, said its group retail sales slipped by nearly a fifth in April-June on tougher competition and the economy.
Despite those bumps, the lingerie sector retains a strong appeal, said Eugene Mak, an analyst at China...
Swatch First-Half Profit Falls to Lowest Level in Seven YearsZURICH, Switzerland — Swatch Group AG, the maker of Omega and Tissot timepieces, reported its lowest first-half profit in seven years, weighed down by weak demand in Hong Kong, France and Switzerland.
First-half operating profit declined 54 percent to 353 million francs ($359 million), the...