Fashion

Moncler Leveled by the Coronavirus Despite Strong 2019 Sales

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 high earning period, the impact of the coronavirus was felt immediately. Just three weeks before news of the outbreak spread…

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Fashion

Luxury’s Response to the Coronavirus Must Look Beyond Revenue

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 own team have been unable to leave their homes for over two weeks now. The long-term impact on luxury also…

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Fashion

Interview: Mukzin Adds a Touch of Ancient China to New York Fashion Week

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 was halted in China upon the local government’s order. “This is the only time when I was still sewing clothes…

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Fashion

How to Reach Chinese Men with Your Luxury Brand

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 avoid loneliness and boredom. These Guanggun or “bare branches” have distinctive consumer habits and interests compared to men in Western…

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Fashion

How Will China’s Ban on Single Use Plastics Affect Fashion?

One fifth of the current global production of plastic — over 300 million tons — is produced in China. In fact, it’s the largest producer of plastic products, accounting for roughly 30% of worldwide manufacturing, according to Greenpeace. The mainland is also heavily reliant on coal to produce plastics and has been investing in incineration as a way to manage plastic waste (domestically and internationally), both of which pose significant threats to the climate. However, the…

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Fashion

How Technology will Change the Game for Luxury Brands

By 2030, nearly all of the world’s luxury markets will look completely different because of massive disruption, and, in many cases, those drastic changes will come at the hands of technology. Generation Z, which will become the most influential group of customers for luxury brands a decade from now, grew up surrounded by technology. For today’s 10-year-olds, a smartphone has been their window to the world since they were born, and 20-year-olds have used them…

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Fashion

‘Henderson stronger for taking on Gerrard challenge’ – Liverpool captain a ‘great professional’, says Lambert

The ex-Reds striker enjoyed a season playing alongside the current skipper at Anfield and is pleased to see him getting the recognition he deserves Jordan Henderson is “stronger” for having faced the challenge of succeeding Steven Gerrard as Liverpool captain, says Rickie Lambert, with the Reds skipper considered to be a “great professional”. The England international midfielder endured a testing start to his time at Anfield and appeared destined to be written off as an…

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Fashion

Michel Sardou : « Je ne suis ni menteur, ni radin, ni faux-cul! »

À partir du 22 septembre, Michel Sardou sera sur les planches du théâtre de la Michodière à l’affiche de «Représailles» (pièce d’Eric Assous mise en scène par Anne Bourgeois). À cette occasion, le chanteur fort en gueule a accordé une interview sans langue de bois à l’hebdomadaire Le Point. Les femmes, la politique, sa réputation de macho, le succès de la famille Bélier, ses enfants, etc… C’est une interview fleuve qu’a accordé Michel Sardou à…

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Fashion

Céline Dion: un émouvant cadeau de soutien

Alors que le combat de René contre le cancer est de plus en plus difficile, Céline Dion essaie de faire face à la maladie avec tout le courage possible. Soutenue par ses proches, ses fans et tous ceux qui l’aiment, Céline Dion n’est pas seule. Un cadeau de soutien de la part du Caesars Palace de Las Vegas lui prouve une nouvelle fois. “Je ne l’ai jamais vue flancher,” expliquait hier Michel Drucker dans les…

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Fashion

René Angélil: son fils Patrick à ses côtés

Pour mener son combat contre la maladie, René Angélil est entouré. Sa femme Céline Dion bien évidemment, ainsi que leurs trois enfants, mais aussi son fils Patrick, issu d’un premier mariage. Trop affaibli par la maladie et le difficile combat qu’il mène contre elle, René Angélil ne peut accompagner Céline Dion au Ceasar’s Palace de Las Vegas où elle a repris son tour de chant. Après avoir reçu des traitements dans un hôpital de Boston,…

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