Tapestry
Tapestry acquires Capri Holdings in a $8.5B merger that will rival LVMH, increase presence in China
The Tapestry-Capri Holdings merger is positioned as a direct challenge to European luxury conglomerates LVMH and Kering, which have long dominated the luxury market. Read MoreChina Rescues Burberry, Tapestry From Slowing Demand In North America
China’s recovery has renewed luxury brands’ optimism for the year. However, a new problem has emerged: American consumers are pulling back their spending. Read MoreAre Lower-Tier Cities The Growth Engine Of Premium Brands?
Due to the limited space for development in China’s big cities, American brand Coach is looking to lower-tier cities for expansion. Read MoreHomegrown Chinese Brands On The Rise As Foreign Rivals Hunker Down
Facing a more challenging economic and regulatory environment China, major global luxury and consumer brands are hunkering down for some tough times ahead. Read MoreAre Apologies Enough To Avoid Brand Scandals In China?
The sensitivities and particularities of the China market do not mean a global brand should simply lay low and keep its mouth shut to avoid controversy. Read MoreHow Can Luxury Brands Avoid Scandal in China?
A global brand should not keep its mouth shut to avoid controversy, nor should it compromise its foundational values to operate in mainland China. Read MoreAs Q1 Results Disappoint, Should Brands Look Beyond China?
From Tod’s to Tesla, many brands reported plummeting sales in the first quarter due to China’s lockdowns. Is this a lesson on overexposure? Read MoreChina Two-Year Sales Boost Tapestry and Hermès as Farfetch Explores Beauty
While China proved challenging for Tapestry in late 2021, Hermès soared in the Asia-Pacific region, and Farfetch expanded its brand portfolio. Read MoreKering & Burberry Lead China’s Latest International Import Expo
This November, the world's leading luxury and beauty companies will attend the fourth China International Import Expo (CIIE) in Shanghai. Read MoreChina Delivers for Estée Lauder, Tapestry & Farfetch
With a flurry of earnings results coming in August, Jing Daily looked at how top luxury companies fared in China and beyond. Read More