China’s Urban Revivo will open a nearly 2,700-square-meter store in London on Wednesday, marking its second opening in the city this year, as the fast-fashion brand often compared to Zara intensifies its global push.
Urban Revivo accelerates international rollout with new stores in fashion hubs – Reuters
The Guangzhou-based label is part of a rising wave of Chinese consumer companies—including coffee chain Luckin and designer toy maker Pop Mart—seeking international growth amid weaker domestic demand. A prolonged property downturn and concerns over job and wage security have dampened consumer confidence at home.
Urban Revivo currently operates more than 400 stores worldwide, offering pieces such as tops for 130 yuan ($18.17) and sundresses for 350 yuan ($48.93). The company has announced plans to open 200 additional overseas stores over the next five years. So far this year, it has launched locations in New York, Hong Kong, and London, with around 20 more stores already operating across Southeast Asia.
Leo Li, chairman and CEO of the parent company Fashion Momentum Group (FMG), stated that the global vision was embedded in the brand’s DNA from its founding in 2006 and was not a reactive decision made due to China’s economic slowdown.
FMG, headquartered in southern China’s Guangzhou, reported sales of 7 billion yuan ($978.62 million) in 2023, according to media sources. The group aims to generate at least 5 billion yuan in overseas revenue by 2030.
“Product development is probably the most challenging aspect for us, especially when entering the European and American markets,” said Li.
To address that challenge, Urban Revivo opened a European design center in 2024 to develop products aligned with Western consumer preferences and to avoid the localization pitfalls Western brands have experienced in China.
Still, the road to international growth may come with hurdles. Gabor Holch, founder of consultancy East-West Leadership, warned that social and environmental standards, political tensions, and data regulations could pose challenges.
“One of the main secrets of success for Inditex and H&M is a very strongly data-driven business model. When Chinese companies step out of China, they have to start learning about (the overseas data environment) from basically zero,” said Holch.
However, some see the brand’s Chinese origins as less of a concern than in the past. Chengcheng Li, account manager at global advertising agency SuperHeroes, believes today’s consumers care more about emotional relevance than geographic origin.
“People nowadays don’t really care whether a product is from Europe, the U.S., or from Asia,” she said. “As long as they have something that resonates with them emotionally.”
Urban Revivo’s parent company, FMG, is also reportedly considering a public listing. While no specific timeline has been confirmed, CEO Leo Li noted, “It’s definitely something we are going to do, but there is no specific timetable … it may not be too long away.”
In another change to Kering’s organisational structure: the group has announced that Bartolomeo Rongone, CEO of Bottega Veneta, will leave the group on March 31, 2026 to pursue new career opportunities.
Bartolomeo Rongone and Remo Ruffini – Moncler
The executive will step down from his role at Bottega Veneta on March 31, 2026, and will be appointed CEO of the Moncler Group with effect from April 1, 2026.
Under the Moncler Group’s new organisational set-up, Remo Ruffini will serve as executive chairman, retaining responsibility for creative direction and continuing to play a central role in governance and in shaping the group’s strategic direction.
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Puma will supply team kit to Formula One champions McLaren this season in a multi-year global deal that also covers activities in IndyCar, World Endurance from 2027, virtual racing, and the all-female F1 Academy series. No financial details were given.
Formula One F1 – Abu Dhabi Grand Prix – Yas Marina Circuit, Abu Dhabi, United Arab Emirates – December 7, 2025 McLaren’s Lando Norris celebrates after becoming the 2025 Formula One World Champion – REUTERS/Jakub Porzycki
“Our sport is in incredible shape, and it’s been fantastic to see an influx of major fashion and lifestyle brands who are looking for deep and meaningful ways to engage with our growing global fanbase,” said McLaren Racing CEO Zak Brown.
McLaren previously had a deal with Castore, with some media reports suggesting that was worth 30 million pounds ($40.41 million) a year.
Puma also equip Ferrari and Aston Martin. Williams have meanwhile switched to US lifestyle brand New Era.
Estee Lauder was sued by a self-described “disruptive” startup that accused the cosmetics giant of effectively putting it out of business by stealing technology to boost sales from jet-setting travellers in hotels.
Nomi has accused Estee Lauder of stealing its technology – Bloomberg
In a complaint filed on Friday night in Manhattan federal court, Nomi Beauty said Estee Lauder has been “driving literally billions in new revenue” to itself after abandoning contracts in 2018 and 2020, including means to determine consumers’ actual preferences for cosmetics instead of their stated preferences.
Nomi- the name is a homophone for “know me,” as in the customer- said its “secret sauce” was intended to help the parent of Clinique and MAC lipstick generate more revenue from luxury hotel duty-free shops and in-room purchases, and become less dependent on traditional retail stores. Rather than honour its contracts or follow through on discussions to purchase Nomi outright, Estee Lauder allegedly starved Nomi’s hotel partners of products, while rolling out competing programs in China, Costa Rica, Malaysia, the UK and the US.
These programs “rely on the very same trade secrets Nomi had been educating Lauder about for years,” the complaint said. Nomi is seeking unspecified compensatory, punitive, and triple damages. Estee Lauder did not immediately respond to requests for comment.
“Nomi’s stolen innovations brought Estee Lauder into the information age, and Estee Lauder continues to profit from them wildly,” Nomi’s lawyer Matthew Schwartz said in an email. Both companies are based in New York.
Since last February, Estee Lauder has pursued a “Beauty Reimagined” strategy, including prestige launches and a streamlining of its supply chain, to revive sliding sales. The strategy also called for up to 7,000 job cuts.