Author Archives: CLD-Admin

In “Headlines From China,” we share the biggest news stories about the luxury industry in China that have yet to make it into the English language. In this week’s edition, we discuss: Jewelry Sales Expected to Plummet in China This Valentine’s Season  Hangzhou Department Store Group Launches Livestreaming Initiative with Taobao China Fashion Week To […]

It’s been nearly a long half-month since the outbreak of coronavirus, and Monday, February 10th, marked the first day many Chinese citizens returned to the workplace. This could initiate another wave of infections if proper precautions aren’t taken, and medical experts from the University of Hong Kong estimated that the outbreak should stubbornly hang around […]

After last season’s debut, the Jing Daily team is pleased to bring back the Jing Daily Fashion Week Score, which, through a range of parameters, evaluates how a brand’s collection resonates with the Chinese audience.  For NYFW Fall 2020, Jing Daily reports on the brands that have a stake in the Chinese market, from Carolina […]

This post originally appeared on Moodie Davitt Report, our content partner.  Normally South Korea – the world’s biggest duty-free market – would be celebrating news of a record year in sales, writes Martin Moodie. As reported recently, duty-free sales in 2019 leapt by +23.7% year-on-year to a record US$21.32 billion (KRW24.86 trillion). But there’s no […]

When I was standing in front of the three giant screens playing a Dior advertisement in Pudong Airport in Shanghai at the end of January, there were five other people around. If only brands would have known then the OTC during this Chinese New Year — usually is the busiest time of year. No one […]

Kering wrapped up 2019 with a modest 13.3% increase when compared to their monstrous 29.4% increase in 2018. Their annual growth of recurring operating income also slumped from 46.6% to 19.6%, as suggested in their 2019 full-year financial results released today. While faced with many uncertainties given the coronavirus outbreak, Kering Chairman and Chief Executive […]

On October 24, Italian puffer-jacket maker Moncler reported another year of double-digit growth over the first nine months of 2019, according to its latest financial report. Its revenue grew by 15 percent at the current exchange rate, exceeding $1.7 billion (€1.6 billion), and its net profit climbed to $723 million (€663 million). But despite a […]

The day before President Donald Trump’s coronavirus travel ban took effect, Mukzin’s team of four arrived in New York for their first runway show in the city. Short Staffed and jetlagged, Kate Han (韩雯), the co-founder and designer of Mukzin, borrowed equipment from Parsons School of Design to continue with her runway looks as production […]

Dear Jing Daily Readers, To date, the full impact of the coronavirus on the Chinese community remains unknown. Currently, there are over 42,000 reported cases in China. Over 1,000 individuals have died. The virus’s death toll has surpassed that of comparable disease SARS and the effect on daily life in China has been great. Members of our […]

According to Daxue Consulting, a Chinese-focused market research and management consulting firm, menswear accounts for almost half of the clothing industry’s total sales value in China. This shouldn’t come as a great surprise given China’s gender imbalance. Today, China’s roughly 33 million surplus men have become a powerful consumer base that turns to shopping to […]