Faced with an erosion of its growth on the domestic market, Alibaba has announced the creation of separate divisions for its Chinese and international activities, and heralded the arrival of a new CFO.
Shiseido, impacted by the pandemic in 2020, is launching three of its perfume brands on Chinese online platform Tmall with the aim of attracting young consumers who are increasingly interested in the world of fragrance.
The second hand luxury market is gaining momentum. Our LuxurynsightXFashionNetwork podcast guest Maximilian Bittner, CEO of Vestiaire Collective since last year, shares his perspective on the sector’s potential.
One of the biggest names in online fashion resale is linking up with one of the world’s top department stores for a year-long physical store with Vestiaire Collective to open at Selfridges, Oxford Street on October 30.