Chinese consumers are now the world’s biggest buyers of luxury goods and account for 25% of sales according to Bain & Co.
“The increasing affluence of Chinese consumer, who shop for luxury brands at home and overseas, has encouraged companies from Burberry Group Plc. (BRBY) to Prada SpA. (1913)to boost their Asian presence. Chinese shoppers spend over 60 percent of their total outlay outside the mainland, Bain found.”
Read full article here via Bloomberg
Image credit Fashionista
Shop the best of the summer collections during TOPSHOP AT THE BEACH, a three day pop-up shop at Montauk’s hottest destination, The Surf Lodge, from Friday, August 17th through Sunday, August 19th. Styled by Naomi Miller from Twin Magazine, the UK’s premiere art-meets-fashion publication, the collection of women’s apparel, accessories and make-up will feature TOPSHOP’s hottest summer trends as well as a selection of new fall product available exclusively at TOPSHOP AT THE BEACH, before it hits stores, including denim shirts, leather jackets, blazers and denim, as well as a range of great jersey basics.
Enjoy welcome cocktails from BULLDOG Gin, in addition to live music from Chair Lift, Guest DJ’s such as Mia Moretti, Hananh Bronfman and others, free giveaways and treats courtesy of TOPSHOP throughout the weekend. TOPSHOP’s Personal Shopping Service ensures that no one misses the most coveted items – appointments with TOPSHOP Personal Shopping specialists are available throughout the weekend.
WHEN August 17, 18, 19
WHERE The Surf Lodge
183 Edgemere Street Montauk, NY
WHAT Shop Topshop Pop-Up Friday, August 17: 10AM – 6PM Saturday, August 18: 10AM – 6PM Sunday, August 19: 10AM – 6PM Enjoy Live Music 7pm – 10pm every day
Yolanda Sacrist Spain (seated), Kirstie Clements Australia (middle), Anaita Adajania – India (back), Christiane Arp Germany (seated), Angelica Cheung China (standing), Franca Sozzani Italy (seated), Mitsuko Watanabe – Japan (standing), Anna Wintour America (seated), Emmanuelle Alt – France (reclining), Alexandra Shulman – Britain (seated), Victoria Davydova à Russia (standing), Anna Harvey representing Brazil and Greece (seated), Seda Domanic – Turkey (seated), Myung Hee Lee – Korea (seated), Rosalie Huang -Taiwan (standing), Eva Hughes Mexico and Latin America (standing), Paula Mateus – Portugal (seated).
Vogue editors from all around the globe joined together to celebrate Fashion’s Night Out Tokyo and raise funds for the disaster relief effort to rebuild areas that where effected by the earth quake and tsunami . This is also the first time that all Vogue Editors have been photographed together.
Image credit Frederic Aranda for Vogue/Getty Images
