Category: Fashion

Key Takeaways: During the last two and a half years, practically all luxury growth came from China. And the country’s wealthy, highly educated, and entrepreneurial young Chinese Gen-Z and millennial consumers have been the driving force behind this boom. An additional 400 million Chinese consumers will transition from low-income to middle-class or higher over the next 10-15 years. Hainan has become a second Dubai, reflecting the massive domestic infrastructure measures that should have a big…

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Key Takeaways: Sequoia China established a “Fashion x Technology” equity investment fund. Chinese venture capital firms have expanded their portfolios by pursuing investments in fashion and luxury startups. In the near future, venture capitalists will continue to bet on disruptors that offset risks in supply chain management, offer disruptive retail solutions through digital transformation, and create unique products and services. Even before the pandemic, Venture Capital funds were betting on the personal luxury goods market.…

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Key Takeaways: Price points are generally high for premium products. Yet, they can help assure consumers that New Luxury is frequently still within financial reach. Chinese consumers are attracted to brands that feel special. This specialness is at the core of New Luxury, and consumers anticipate stores like these to embody innovation. Consumers are likely to reject New Luxury brands that look like they were intended for the masses, as they seek aspirational lifestyles. The…

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What Happened: This summer, Call Me By Fire (披荆斩棘的哥哥) became one of China’s most popular reality shows after multiple idol-casting shows were canceled by authorities due to explosive celebrity scandals and toxic fan culture. The hashtag for the show on Weibo garnered over 637 million views ever since it premiered on August 12 — a massive amount of social traffic. The newly released program, featuring actresses and male musicians in their thirties, forties, and even…

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Key Takeaways Video sharing site Bilibili reported a 72 percent increase in net revenue and a nearly 40 percent increase in average monthly active users in the second quarter of 2021 .One of Bilibili’s key value propositions is its ability to leverage the trends that matter to younger consumers in China. While beauty brands have successfully added Bilibili to their marketing mix, the young age of the average Bilibili user raises the question whether luxury brands…

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What Happened: Mytheresa is the latest luxury retailer pledging to go fur-free, starting in the spring/summer of 2022. The German retailer will begin the process of phasing out its surplus inventory by the end of 2022. Fashion United reports that Mytheresa’s ban covers both exotic fur and fur from factories and farms that breed and kill undomesticated animals for fashion. The ban does not affect leather, shearling, sheepskin, or cattle fur. “At Mytheresa, we believe…

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WWE has released the above and below videos. After defeating Asuka & Becky Lynch, Billie Kay & Peyton Royce continue to claim that they’re better than The Empress of Tomorrow. Eric Young, Alexander Wolfe & Killian Dain are prepared to purge Team Blue. Drew McIntyre On Being ‘Dangerous’ WWE Raw star Drew McIntyre Tweeted the following after this week’s Raw win: What makes me ‘dangerous’ isn’t just my in-ring style. It’s the fact I have…

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Below is the complete order of entrants and eliminations in the fist-ever 50-man WWE Greatest Royal Rumble match. The winner of the match, Braun Strowman, had the most eliminations tossing 13 other superstars over the top rope. Entrance Order: 1- Daniel Bryan2- Dolph Ziggler3- Sin Cara4- Curtis Axel5- WWE Hall of Famer Mark Henry6- Mike Kanellis7- Hiroki Sumi8- Viktor9- Kofi Kingston10- Tony Nese11- Dash Wilder12- Hornswoggle13- Primo14- Xavier Woods15- Bo Dallas16- WWE Hall of Famer…

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“Jimmy Kimmel Live” has released the above video featuring the cast of “The Avengers: Infinity War”, which includes former WWE Champion Batista, reading Mean Tweets. Titus O’Neil Gets a WWE GRR Fall T-Shirt As seen below, WWE is releasing a “Rumble, Stumble or Slide” t-shirt after Titus O’Neil’s epic botch at WWE Greatest Royal Rumble. Tomorrow morning you can all #WORLDSLIDE over to @WWEShop and pickup a sweet #TitusWorldWide TShirt to Rock with @WWE #WWEGRR…

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PROGRESS Wrestling kickstarts its Super Strong Style 16 tournament tomorrow at the Alexandra Palace with a huge card for the day one action. All of the First Round matches for the tournament, which concludes on Monday, will take place today, and there are some fantastic matches on the card, which you can see below: Tyler Bate vs Jordan DevlinChris Brookers vs Kassius OhnoPete Dunne vs Doug WilliamsJoey Janela vs Grizzled Young VeteransAngelico vs Mark AndrewsKeith…

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