Tod’s launches Xiao Zhan co-branded capsule series. According to Tod’s, the brand has been preparing for this series since it started cooperating with Xiao Zhan last year, which lasted for a year.

01

Tod's launches Xiao Zhan joint capsule series

Italian luxury brand Tod's recently launched the TOD'S FOR XZ capsule series, inspired by the two elements of the sea and hibiscus shared by brand spokesperson Xiao Zhan , and personally directed by brand creative director Walter Chiapponi design. According to Tod’s, the brand has been preparing for this series since it started cooperating with Xiao Zhan last year, which lasted for a year. The capsule items including T TIMELESS bags, belts and 1T series shoes are priced from 3,600 yuan to 17,600 yuan, and are currently sold out.

02

Esprit plans to return to the United States and Asian markets

Esprit Global Group will re-enter the major markets of the United States and Asia in the second half of this year. To this end, the group will conduct large-scale recruitment and has renewed the lease agreement with the China United Center, the Hong Kong headquarters building. Esprit has previously occupied the 12th, 13th, 27th and 29th floors of the building for a period of two years. Esprit withdrew from the U.S. market as early as 2012. After the outbreak, it closed all stores in Asia in 2020, including its business in China.

03

Samsonite Asia Pacific and Middle East president resigned

According to an announcement by luxury luggage group Samsonite on the Hong Kong Stock Exchange, its Asia Pacific and Middle East president Paul Melkebeke has resigned on June 19, and his position will be replaced by CEO Kyle Francis Gendreau takes over temporarily until a new successor is found. Paul Melkebeke is a 39-year veteran of Samsonite. He served as vice president of procurement and supply in the Asia Pacific region for 12 years, and was later promoted to chief supply officer. In 2021, he will serve as president of the group's Asia Pacific and Middle East regions.

04

L'Oreal Group will launch a new high-end beauty brand

The world's largest beauty group L'Oreal has decided to cooperate with Korean travel retail giant and luxury hotel operator Hotel Shilla Hotel and private equity fund focusing on investment opportunities in the North Asia Pacific region. Anchor Equity Partners collaborates to create a new high-end beauty brand by integrating its beauty expertise with The Shilla Hotel's high-end retail channels and Anchor's solid financial performance and business model.

05

Swedish high-end fashion brand Dagmar has officially entered the Chinese market

Dagmar recently announced that it has officially entered the Chinese market in June. The brand was founded in 2005 by three sisters, Karin Söderlind, Kristina Tjäder and Sofia Wallenstam. It focuses on Scandinavian contemporary design style and simple and exquisite sensory aesthetics, aiming to make it easy for more influential fashionable women to own comfortable and comfortable Luxurious everyday style while inspiring consumers to care about sustainable fashion.

06

It is rumored that H&M will close the Shanghai Huaihai Middle Road store

The fast fashion H&M located on Huaihai Middle Road, a traditional commercial street in Shanghai, is closing its shop. Some netizens have previously reported that they have been notified of store closures. Huaihai Middle Road is mainly divided into north and south sides. The former is mainly home to most European, American and Japanese fashion brands, and the latter is mainly domestic fashion brands, forming a dynamic fashion ecosystem. H&M, located at the junction of Huaihai Middle Road and Sinan Road, is at the core. , has become a potential competition platform for major brands, and there is no news about the next brand to settle in.

07

Bubble Mart ’s first Korean flagship store is about to open

Bubble Mart is accelerating its overseas expansion. After opening a store in the UK and a pop-up store in the United States in January this year, Bubble Mart recently announced through the Instagram account Its first Korean flagship store is about to open, and the store location has not been disclosed yet. South Korea is the first stop for Bubble Mart to go overseas. In September 2020, Bubble Mart's first overseas directly-operated store opened at the International Trade Center in Gangnam District, Seoul, South Korea.

08

Chow Tai Fook intends to acquire Giordano in cash

On June 23, Giordano announced that Chow Tai Fook Holdings, a company owned by the Cheng Jiachun family in Hong Kong, made an acquisition offer through Kaisheng Capital, which included a requirement to cancel outstanding share options. The specific offer maker is Clear Prosper, a wholly-owned subsidiary of Chow Tai Fook. Chow Tai Fook will make the acquisition at a price of HK$1.88 per share, a premium of approximately 18.2% over Giordano's HK$1.59 per share before suspended trading in . The maximum amount involved in this full purchase offer reached HK$2.56 billion (approximately RMB 2.182 billion).

09

Haikou Vientiane City opens, Hainan’s first high-end MALL is here

As the first pure island tourism-themed shopping mall of China Resources Vientiane Lifestyle Department, Haikou Vientiane City is famous for its "extraordinary scene", "extraordinary brand", "extraordinary experience" and "extraordinary service" Create 120,000 square meters of high-end luxury shopping space on the island. The project introduces more than 60% of the first-store brands, covering national flagship stores, regional flagship concept stores, and the highest-level stores of the brand.

10

Beijing’s economic development goals in the next five years: the total economic volume exceeds the 5 trillion mark

On June 27, the 13th Congress of the Communist Party of China in Beijing proposed that Beijing’s goal for the next five years is to have the total economic volume exceed 5 trillion. 100 million mark, the per capita regional GDP and total labor productivity remain the country's leading; the foundation of the real economy represented by high-tech industries has been consolidated and strengthened, a modern economic system with the characteristics of the capital has been basically formed, and urban and rural regional development has become more balanced .

-The End-

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