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
Marijuana’s active ingredients have been proven beneficial when applied topically, but legal limitations may prohibit beauty brands from successfully scaling the opportunity.
‘The Rap of China’ features four celebrity producers – and has made Off-White, Vetements, Supreme and Raf Simons household names among Chinese millennials
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
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