Topshop and Topman to expand to China

British brands Topshop and Topman are set to expand into mainland China reports WWD. Owner Sir Phillip Green has confirmed he has signed a deal with existing Topshop partner Shangpin.com to open up to 80 standalone stores across the country. Topshop currently has minimal presence in China, with just a shop-in-shop in Beijing's Galeries Lafayette and two stores in Hong Kong already launched in partnership with Shangpin, a members-only online fashion retailer which offers registered users access to Western brands.

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Topshop and Topman to expand to China

Image of Asia: Wedding dresses at fashion week in Beijing

In this photo by Andy Wong, a model presents a wedding dress designed by Tsai Meiyue during the Mercedes-Benz China Fashion Week in Beijing. Tsai's other creations for weddings included illuminated dresses and a red dress with sheer shoulders and detailed sleeves. The spring-summer China Fashion Week lasts through Oct. 31.

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Image of Asia: Wedding dresses at fashion week in Beijing

Chinese firms snap up chunk of French fashion industry

French ready-to-wear fashion labels Sandro, Maje and Claudie Pierlot will be taken over by China's Shandong Ruyi Technology Group under the terms of an exclusivity agreement announced late Thursday. Hot on the heels of the announcement, French lacemaker Desseilles said Friday it is to be acquired by Chinese firm Yongsheng, in another sign of the growing Chinese presence in France's fashion industry. In the deal for Sandro and Maje's parent company SMCP, the founder of the “accessible luxury” labels, sisters Evelyne Chetrite and Judith Milgrom, will remain minority shareholders if the deal goes through, as will their management team and the US investment fund KKR.

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Chinese firms snap up chunk of French fashion industry