Fendi

 a runway collection at this year’s Paris Couture Week, which is scheduled for June 24 through June 27. The Roman luxury brand said in a statement that this decision is ‘part of a rescheduling of its shows.” The decision was unanimously agreed upon by the brand’s Artistic Director for Women's Collections, Kim Jones; Artistic Director for Fashion and Men’s Collections, Silvia Venturini Fendi; and her daughter, Creative Director for Jewelry, Delfina Delettrez Fendi. Furthermore, Fendi’s decision to sit out of the couture season is “due mainly to an internal review of its show and event schedule” and that it will continue its couture activities.

Fendi skips Paris couture week amid internal show review

 for the third consecutive month in April, while producer prices continued to decline, indicating improved domestic demand amid Beijing’s efforts to stabilize the economy. Consumer prices increased by 0.3% YoY, exceeding expectations, while core inflation, excluding food and fuel, rose to 0.7%. Despite these gains, concerns persist about the sustainability of this momentum due to cooling factory and services activity and an ongoing housing crisis. The producer price index fell by 2.5% in April, extending its decline for over a year. The central bank has pledged flexible monetary policies to support economic recovery, with the Politburo emphasizing the need for policy tools to boost growth, as meeting the 2024 growth target of about 5% remains challenging without further support.

China’s consumer prices rise, producer prices fall

Thom Browne

 its store at the Wynn Palace in Macau, featuring a store interior that emphasizes the brand’s classic visual identity. The design combines gold accents with gray-toned architecture, showcasing men’s and women’s ready-to-wear, accessories, bags, fragrances, and home collections. Additionally, the brand will exclusively present a renewed color series in Macau.

Thom Browne opens Macau store

Vuori

After launching its first pop-up store at Shanghai Jing’an Kerry Centre’s South District in August 2023, the Californian high-end sports brand Vuori 

 its first permanent store in China on May 17 in the North District of the same project. The store offers sports and casual apparel, displaying men’s and women’s clothing separately. Products include short-sleeve tops, sports vests, polo shirts, hoodies, sports shorts, and leggings, catering to activities like surfing, running, hiking, tennis, and yoga. Vuori launched a Tmall flagship store and joined Xiaohongshu before opening its first pop-up in August 2023.

Vuori opens 1st permanent store in China

Piaget

On May 18, to mark its 150th anniversary, Swiss luxury jewelry and watch brand Piaget 

 Chinese actress Tong Yao as its brand ambassador for China. Tong Yao, an award-winning actress. In the campaign, she wears iconic Piaget pieces, including the Possession collection and Piaget Polo watches.

Tong Yao

Piaget names actress Tong Yao as China brand rep

ICCF Group

ICICLE

ICCF Group, the Shanghai and Paris-based fashion company that owns Icicle and Carven, recently 

 its first garden-themed retail project in downtown Shanghai. Located at the heart of Shanghai’s historical downtown, Icicle’s ICCF Garden Store project encompasses four buildings, including two protected 1920s structures and two modern buildings from the 1990s, covering a total area of approximately 2,000 square meters. The complex houses the group’s fashion brands Icicle (with separate women’s and men’s stores), Carven, the integrated dining brand Silex, and the new concept café Silex Gourmet.

ICCF Group opens garden-themed retail project in Shanghai

Acne Studios

Frédéric Malle

 its first perfume, Acne Studios by Frédéric Malle. Announced in March, this fragrance is a collaboration between Acne Studios and Frédéric Malle, crafted by Symrise perfumer Suzy Le Helley. The perfume features a core of aldehydes complemented by floral notes, with rose and violet evoking a classical ambiance, and bright orange blossom adding intensity.

Acne Studios debuts 1st scent in collab with Frédéric Malle

Louis Vuitton

After 12 years, Louis Vuitton is once again 

 a new chapter of its Core Values ad campaign under the lens of legendary photographer Annie Leibovitz. Tennis legends Roger Federer, 42, and Rafael Nadal, 37, take center stage atop the Dolomites in Italy. The campaign, themed “There are Journeys that turn into Legends,” narrates a journey filled with dreams, determination, and the spirit of exploration.

Annie Leibovitz

Louis Vuitton relaunches Core Values campaign with tennis icons

Richemont

 the appointment of Nicolas Bos as CEO, effective June 1. He will report to Richemont Chairman Johann Rupert, join the Senior Executive Committee, and become a member of the Board of Directors starting September 11. Bos, a graduate of France’s ESSEC Business School, joined Richemont in 1992, initially working with the Cartier Contemporary Art Foundation. In 2000, he took on various roles at Van Cleef & Arpels and was promoted to Global President and CEO in 2013. He also served as CEO of the Buccellati brand starting in 2019.

China News BriefMay 20, 2024

China News Brief
May 20, 2024