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.

See original here: 
Topshop and Topman to expand to China

Alexa Chung is launching her own fashion label

Alexa Chung has been designing for some time, but the star is now branching out on her own with the launch of her debut fashion label. The British style icon will act as the Creative Director for Alexachung, set to debut in May 2017, reports The Business of Fashion (BoF). The contemporary ready-to-wear line will go on sale initially at department stores including Selfridges, Galeries Lafayette and Matchesfashion.com, as well as via its own online retail site.

View post: 
Alexa Chung is launching her own fashion label

Luxury market growth to reach low point in 2016: Bain

By Astrid Wendlandt and Pascale Denis VERSAILLES, France (Reuters) – Growth in the more than 250 billion euro ($285 billion) personal luxury goods market should pick up next year, boosted by resurgent demand in the United States and China, after hitting a trough in 2016, consultancy Bain & Co predicted. Bain, whose industry outlook is an authoritative and traditionally closely watched barometer of trends because of its extensive coverage of the sector, forecast luxury sales growth this year of around 1 percent at constant exchange rates, against 1.5 percent in 2015. Bain is due to release in a few weeks its updated study and forecasts for the luxury goods market, which includes accessories, clothing, jewelry and watches, and has not yet published any figures to show its latest thinking on the outlook.

More here:
Luxury market growth to reach low point in 2016: Bain