Search Results: SMCP
SMCP Announces New 5-year Plan With a Strong Focus on China
SMCP, a global player in the accessible luxury market with four unique brands, announced its new 5-year strategic plan with a strong focus on China. Read MoreChinese Textile Conglomerate Shandong Ruyi Faces a Bleak Future
The Shandong Ruyi Technology Group, famous for snapping up international brands, has met frequent roadblocks in its way to become the “LVMH in China.” Read MoreCould the Sleeping Beauty Lanvin be Woken up This Time?
Four years and three designers later, Lanvin, the 130-year-old French fashion brand, has finally returned with new blood. Read MoreShandong Ruyi Listed on The Credit Watch List And More
Some analysts believe that Ruyi's debt problem is directly related to the purchase of luxury brands that cost more than 40 billion yuan in the past decade. Read MoreCan China Become a Leader in Sustainability?
After speaking with experts about sustainability, changes are slowly taking place in China through its consumers, brands, and government. Read MoreChinese Whispers: Why K-Beauty is Losing Relevance in China, and More
There are clear signs that the popularity of Korean beauty (K-beauty) brands is quickly fading after being trendy for almost a decade in China. Read MoreKeeping Up with the Daigous: an Industry in Flux
Four months after China enacted its first-ever e-commerce law to regulate daigou shoppers, we found the market is far from dead. Read MoreChina’s Ruyi Group is Growing Fast, But Can They Conquer the Luxury Market?
In the short-to-medium term, China's Ruyi Group will focus on integrating existing brands to maximize synergies within its fully integrated business model. Read MoreChinese Government Delays Shandong Ruyi’s Acquisition Spree
The completion of Shandong Ruyi's acquisition of an Israeli company has been delayed due to slower-than-expected Chinese government approval. Read MoreAt NYTimes Luxury Conference, Ruyi Chairman Predicts the Fashion Industry’s Future
His three predictions include luxury fashion will become seasonless; personalized fashion will become the norm; and the sharing economy will become the reality. Read More