
The latest post from a Pursuitist guest writer.
This week in luxury, watchmakers, conglomerates, executives, fashion and beauty brands shared the spotlight, all in varying degrees of positivity.
PIN IT
This headed news that came a little later this week indicating that the slowdown in China was hitting luxury brands more than experts previously estimated. With new executives in charge set to clamp down on corruption in the government, not as many powerful Chinese businessmen are buying or receiving high-end goods for their favors.
However, the news is not all bad. U.S. stocks continued to rise, and companies such as Tod’s and Unilever reported high numbers from late last year. Indeed, brands are taking this opportunity to expand into greater markets.
For example, L’Oreal is planning a massive advance into India, while high-end fashion label Alaia announced a fragrance partnership with Beaute Prestige International. Brands need to recognize where to grow and where to slow down, different markets yield different results for high-end companies selling multiple products.
PIN IT
If the fashion industry reaccepts Mr. Galliano back into its world, it could be “one of the biggest fashion comebacks of all time,” according to WWD.

The latest post from a Pursuitist guest writer.