01
Nike stock price soared 9%, the market value approached 200 billion US dollars
after the release of an over-expected performance report of 9.1 billion US dollars to 12 billion US dollars on Wednesday, the Nike Group’s share price reached a record high of 7.5 billion US dollars. . Boosted by positive performance, Nike Group competitor lululemon's share price also increased by nearly 3%, adidas rose by nearly 5%, Puma rose by more than 4%, and Under Armour rose by 6.5%. Extended Reading: Is Sportswear Ushering in Recovery? Nike’s net profit in the first fiscal quarter was over US$1.5 billion
02
Fosun International announced on Wednesday that it has acquired all shares of Tom Tailor, a German apparel brand. Completed the acquisition of the remaining shares of Tom Tailor with its affiliates and officially acquired the brand. Tom Tailor is a German fashion retail group founded in 1962 that focuses on mid-end casual wear. Its core businesses are Tom Tailor and Bonita. It also launched a new brand, Mine to Five, last September.
03
China's luxury consumer demand may rise by 30% this year, which may lead to a surge of 30%
z32, according to the latest report from consumers
z32. Returning, but the US and European markets are still affected by the epidemic. In 2020, global spending on luxury goods is expected to shrink by 45%. In an interview with Bloomberg, BCG managing director Hao Jingjing said that Chinese consumer confidence has rebounded faster than expected, and young consumers are the key to driving growth. Extended reading: China's luxury goods consumption blows out, LV Shanghai Hang Lung store August sales may reach 150 million
04
Lin Yin Zhengyi
According Fashion Business News for the latest Coach shooting commercials, CBA basketball player Jeremy Lin recently released two to Coach 2020 autumn and winter series of commercials shot in Instagram, and mentioned in the posts in Coach, but Post on Weibo. Coach officially released a series of commercials simultaneously on Weibo and Instagram. The excessively "earth-flavored" style of the advertisement quickly caused widespread discussion, and consumers expressed that they could not understand it. It is worth noting that Coach is Jeremy Lin’s first fashion brand. The brand announced Jeremy Lin as the spokesperson for the men’s product series in May this year to better convey the brand spirit and philosophy to Chinese consumers.
05
Gucci and The North Face will launch a collaboration series
Gucci will launch a series of videos on Instagram and TikTok on The North Face. It is worth noting that this will be the first time Gucci has developed a complete series in cooperation with another brand. Although The North Face initially started with outdoor sportswear such as mountaineering jackets, in the past decade, the brand has become one of the trendy brands that young consumers love through cooperation with brands such as Supreme, Junya Watanabe, and Sacai. Extended Reading: In-Depth | Can outdoor brand The North Face do high-end fashion?
06
The Chanel immersive gardening experience exhibition will be held due to the epidemic. The immersive gardening experience exhibition of Chanel will be held on the 23rd day of this year. The exhibition aims to show how Chanel can sustainably grow plants for beauty products and set up separate exhibition areas for Chanel's four "open air" laboratories, located in Madagascar, the southern Alps and the southwest of France, and Costa Rica. In addition to ensuring sustainability and environmental protection, these laboratories have also planted various special plants for research on skin care formulations.
07
Dior joined hands with Huawei to present the VR art film "Summer Night’s Dream"
z31, the largest scale exhibition in the history of Paris, as a designer, and retrospective of the fashion show in London. From July 28th to October 4th, it will land in the West Bund of Long Museum, Shanghai. In order to let more audiences who could not be there to experience the exhibition style, Dior and the video artist and film director Shi Xiaofan created "A Dream of Summer Night" Film, and use virtual reality technology as the carrier, through Huawei VR glasses, Huawei video App and Huawei VR video App, to break the boundaries of time and space, create for the audienceImmersive interactive experience.
08
Fendi The 2021 spring and summer men’s and women’s fashion show will be held in Milan, and the 2021 spring and summer men’s and women’s fashion show will be held in Milan and the 2021 Rome spring and summer fashion show
z3 It is worth noting that in addition to professional models, this big show also covers people of different ages, genders and bodies. Fendi said that in this special period, the return of fashion shows is of great significance and is conducive to the restart of the entire industry. Earlier this month, the brand officially announced designer Kim Jones as the creative director of womenswear. Extended Reading: Burst | FENDI Announces Kim Jones as the Creative Director of Women's Clothing
09
The first edition of the Swiss luxury brand in China is released on the Chinese market in the Swiss fashion newsletter 4zzzzzz3312 After registering for the official WeChat account in August, he released his first tweet in the past two and a half years "Create Your Tradition" on Wednesday, introducing the brand history to Chinese consumers and further interpreting the brand’s classic slogan "No one really owns Patek Philippe, only It’s just for the next generation."
It is worth noting that the brand also attached a link to the WeChat applet and the official website. Some analysts said that Patek Philippe's move is to follow the digital trend and better reach the new generation of Chinese consumers. At the beginning of this year, Patek Philippe temporarily allowed its authorized dealers to sell branded watch products online to overcome the epidemic, but emphasized that it is only temporary and will still strictly control online sales after the epidemic.
10
Li Jiaqi's former assistant Fu Peng officially left the product selection team
z33. Li Jia, the former assistant of Li Jiaqi, officially left the product selection team on Wednesday and became known as the assistant of the fashion business newsletter. Wen announced that he has officially left Li Jiaqi's selection team and will fully develop his personal career in the future. At present, Fu Peng has 2.3 million followers on Weibo, and his profile is the person who signed the US ONE. Li Jiaqi has not yet responded to the news. Extended Reading: In-Depth | Li Jiaqi earned 3 "Rebecca" in a year, what happened to the fashion blogger's business?
11
China Resignation Director Zhang Yin resigns
The board of directors recently received a written report on the resignation of China’s directors, stating that the board of directors recently received a written report on the resignation of directors from China. Due to personal reasons, Zhang Yin applied to resign as a director of the fourth board of directors and a member of the strategy committee of the fourth board of directors. After resigning, Zhang Yin will not hold any position in the company. Zhang Yin's resignation report took effect from the day it was delivered to the board of directors.
12
Pick Sports into z473
The global e-commerce giant Amazon recently announced its annual sales data, thanks to the NBA’s best sixth man road-Williams wears extremely flashing basketball shoes, Parker’s seventh generation and With the outstanding performance of a variety of basketball shoes such as the magic bullet lightning basketball shoes, Peak Sports ranks fifth in basketball sales with a market share of 2.1%, ranking first in the overseas market share of Chinese brands.
13
MINISO formally submitted its IPO application plan to raise 100 million US dollars
z 31zz32 US Securities Commission on Thursday, the public offering of US$33zz
z 31zz32 billion US stock raising plan. According to the prospectus, MINISO is headquartered in China and operates 4,000 stores in 80 countries around the world. Last year’s GMV reached 19 billion yuan and revenue was approximately 9.4 billion. Tencent is one of the shareholders with a shareholding ratio of 5.4 %.
14
Wal-Mart recruits more than 20,000 seasonal workers
zzzzzzzzzzz, which is expected to increase seasonally. Although many U.S. retailers decided to close business on Thanksgiving this year, they are still hiring temporary staff for the upcoming "Black Friday" to cope with a large number of online delivery and roadside pickup orders. To meet the growing consumer demand, Wal-Mart has hired more than 500,000 employees in stores and throughout the supply chain since March.
15
Taobao will incubate 100,000 iFashion featured merchants
in the next 10 years, and will focus on the growth of new clothing and apparel. Entrepreneurs have a turnover of over one million annually. In addition to the exclusive development plan, Taobao will also issue 1 billion Alimama cash promotion red envelopes to support new businesses. At present, most iFashion merchants have reached a cooperative relationship with Taobao's rhinoceros factory and held a fashion show in the factory a few days ago.
