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Producing collections and staging ever more glamorous shows tends to wipe out profit for pricey clothing but can create an aura around the brand that helps sell more-profitable items.
Read more: Vuitton Knows Fashion Is a Money Pit—and Keeps Throwing Money in It
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Marijuana’s active ingredients have been proven beneficial when applied topically, but legal limitations may prohibit beauty brands from successfully scaling the opportunity.
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‘The Rap of China’ features four celebrity producers – and has made Off-White, Vetements, Supreme and Raf Simons household names among Chinese millennials
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Even as growth slows, there’s a sizable, and sophisticated, pool of luxury shoppers in China. But brands need to take a new approach to keep them interested.
Read more: Chinese luxury consumers: More global, more demanding, still spending
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And why she probably just hit the retail jackpot with her new Las Vegas store
Read more: Sarah Jessica Parker opens up about her retail strategy