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China’s retailers extend Singles’ Day to five weeks to revive spending

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October 16, 2025

Chinese retailers are stretching their annual “Singles’ Day” sales bonanza to as long as five weeks this year, as the likes of Alibaba and JD.com try to drum up interest from shoppers in a struggling economy.

Reuters

Weak consumption has dogged the world’s second-largest economy this year as policymakers grapple with U.S. President Donald Trump‘s trade policies, fierce domestic competition, extreme weather and a lingering property crisis.

At a launch event in Shanghai on Thursday, Alibaba touted an “unprecedented” investment in the industry’s biggest sales event of the year, including 50 billion yuan ($7 billion) of subsidies for its top spending 88VIP members.

Its sales period began on Wednesday evening and will run like the rest of the industry until November 11, the original Singles’ Day – named after the digits in the date.

According to Alibaba, 35 brands including Nike, L’Oreal and local firms Anta and Proya sold more than 100 million yuan of merchandise in the first hour of the sale.

As well as subsidies and coupons, Alibaba has embedded artificial intelligence tools into search and recommendation functions. The new AI-powered system is expected to lift click-through rates by about 10%.

Instant retail – one-hour delivery of online orders – is also a focus this year. Alibaba and JD.com have poured billions into subsidies to attract shoppers to rapid delivery channels, which have been growing faster than e-commerce overall.

JD.com launched its campaign on October 9, coinciding with China’s return to work after the eight-day Golden Week holiday, while ByteDance’s Douyin, the domestic sister app to TikTok, also began its promotions that day.

Spending during Golden Week fell to a three-year low even though travel increased — a worrying sign ahead of Singles’ Day promotions. And longer promotions this year may not persuade shoppers to spend more.

“It has been less exciting than ever,” said Deng Lei, a 49-year-old who runs a meditation studio in Beijing. “The only thing I’m looking for is a pair of comfortable sports shoes, but I haven’t spotted any I really like yet.”

At a press briefing on Tuesday, JD.com said it would list over 100,000 “hit” products at its lowest prices of the year and sell 50,000 pairs of thermal long johns at 2 yuan ($0.30) each, shipping included.

Jacob Cooke, co-founder and CEO of WPIC Marketing + Technologies, said products that help consumers “look good, feel good” – such as beauty brands, outerwear and packaged food and drink – are likely to outperform this year.

But home appliances, which boomed in 2024 amid government subsidies, are expected to decline. Nomura analysts forecast home appliance sales will fall 20% in the fourth quarter.

“Maybe people don’t buy that appliance this year, but they upgrade their phone,” Cooke said, citing new Apple models as likely to drive demand.
 

© Thomson Reuters 2025 All rights reserved.



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Kering and Ardian finalise New York property deal

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December 16, 2025

Gucci owner Kering and private equity firm Ardian said on Tuesday they had completed a joint venture agreement for a New York property deal valued at $900 million.

Kering’s brands include Saint Laurent, Gucci, and Balenciaga – Reuters

Under the deal ⁠concluded earlier this year, Kering is contributing the property at 715-717 ⁠Fifth Avenue in New York to a newly created joint venture with Ardian, the companies said ‍in a joint ‌statement. Ardian will hold a 60% stake in ⁠this, with ‌Kering retaining 40% and receiving $690 million in ‌net proceeds.

The transaction is part of Kering’s broader strategy to secure control of high-profile retail locations while also raising cash. In January, ‍Kering said it had transferred three of its Paris real estate assets to a new joint venture ‌with ⁠Ardian, ​freeing up 837 million euros ⁠in proceeds.

“Like ​the investment agreement already signed in Paris, this transaction allows us to secure another ​long term highly prominent retail location for our houses while enhancing our financial ⁠flexibility,” said Kering ⁠chief operating officer Jean-Marc Duplaix, commenting on the New York Ardian deal. 

© Thomson Reuters 2025 All rights reserved.



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Dior to open Selfridges pop-up next month

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December 16, 2025

London’s Selfridges continues to be the pop-up destination of choice in London’s West End (Harrods has that status in Knightsbridge) and one of the world’s best known labels will be there as of January.

Dior

Dior, which already has a strong presence in the London flagship will be unveiling its first pop-up boutique for its new summer 2026 creations inside the in-demand Corner Shop.

That’s important because it will celebrate the launch of Jonathan Anderson’s first collection.

Running from 8 January to 28 February, the unique space will “reveal a playful world like a waking dream”. The company said the summer 2026 menswear collection “breathes a certain spontaneity into the art of dressing, while the womenswear line radiates freshness, with leather goods presented alongside exquisite creations. An exceptional selection that expresses the reinvented essence of Dior”.

Dior is currently inviting customers to book appointments and said it will “extend the experience through a curated selection of exclusive events at the pop-up boutique”. 

That includes notebook personalisation with “a nod to Versailles-style gilding, personalised detailing applied by an expert [that] promises to add a truly signature touch”. And there’s also bookmark calligraphy where visitors can add their initials to a bookmark, inspired by the newest Dior Book Tote designs by Anderson.

The news of the pop-up comes in the same week that Dior unveiled its super-sized flagship concept House of Dior Beijing. That five-storey space dwarfs the Selfridges space but underscores the ambitious plans LVMH has for the brand, the huge investment Dior is putting into its global growth and its targeting of key luxury markets.

Copyright © 2025 FashionNetwork.com All rights reserved.



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Lewis Hamilton and new Lululemon interim co-CEO mark special Edit launch in Regent St store

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December 15, 2025

Lululemon was making headlines last week as its CEO exited but it had more upbeat news on Sunday as Lewis Hamilton made a personal appearance at the Regent Street, London, flagship store to to celebrate the launch of The Lewis Hamilton Edit, a curated 36-piece capsule personally selected by the champion racing driver.

André Maestrini and Lewis Hamilton – Lululemon

Importantly too, joining Hamilton in-store for photos was Lululemon’s new interim co-CEO, André Maestrini, marking his first public appearance in the role and highlighting the company’s focus on innovation, as well as stressing that there’s no vacuum at the top of the company’s leadership tree.

Hamilton became a Lululemon ambassador earlier this year and made an unannounced appearance in the store.

Available exclusively at the Regent Street location and on the brand’s UK webstore, the Edit brings together Hamilton’s favourite menswear and womenswear pieces from the brand’s Winter 2025 collection — “each style chosen for its high performance and elevated aesthetic, all filtered through the distinctive personal style he’s renowned for”.

The appearance may have been unannounced but there were plenty of fans gathered outside to see him in a full look from the Edit as he greeted the crowd, signed autographs, and posed for photos. 

The first 100 people in the queue also received Lululemon products signed by Hamilton and he was also helping staff style looks and wrap gifts behind the tills.

Such appearances are hugely important for stores at this time of year as they compete to attract customers. 

Copyright © 2025 FashionNetwork.com All rights reserved.



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