"LVMH Of China" Was Selected By 40 Hundred Outstanding Private Entrepreneurs During The Past Two Years Of Reform And Opening Up.

Open a new store for Celine Montaigne Road, which is expensive in Paris.

LVMH is constantly betting on the new Celine, which is controlled by Hedi Slimane. Recently, it was specially selected for the brand new store located at 53 Montaigne Avenue, Paris's expensive rentals, which was originally a boutique of Dior Homme.

Celine spokesman said the new store will open next year and will be fully responsible for the design by Hedi Slimane.

There is no doubt that Hedi Slimane is trying to launch a new career in the design of Logo, clearing social media and shutting down classic handbags, and erase all marks left by Phoebe Philo in Celine.

But there is a view that Hedi Slimane's approach is too radical, or leads the original customers to other brands.

Lululemon founder Chip Wilson hopes to regain control of the brand.

Canadian Yoga brand lululemon founder Chip Wilson recently released a new book called Little Black Stretchy Pants, which records the whole process of lululemon growth. In his view, lululemon has some problems to solve and has lost its way.

He pointed out that in view of the downturn in US Department stores, lululemon's urgent task is to reduce the volume of shipments in wholesale channels.

In the case of the new CEO, Chip Wilson also disagreed with the board of directors. Lululemon's former CEO Laurent Potdevin resigned in February this year due to personal behavior problems.

Chip Wilson believes that lululemon's current board members attach too much importance to the new CEO's ability to improve their performance, while ignoring the vision and vision of leaders. The chief executive officer should be responsible for the specific implementation.

Joining the international zero fur Alliance announced that it would no longer use animal fur.

Following the accession of Gucci, Versace, Burberry and Michael Kors to the international zero fur alliance, the US luxury brand Coach also issued a statement recently that it will not use animal fur in its products from the autumn 2019 series.

Chief executive Joshua Schulman said Coach has been committed to promoting sustainable development for many years. This decision to stop using animal fur is a milestone in the brand.

Zara parent CEO Pablo Isla replaces the world's best CEO

According to Harvard Business Review's newly released "global CEO list", Zara parent company Inditex group CEO Pablo Isla has been ranked first in second consecutive years, becoming the world's best CEO.

But the fast fashion giant Zara seems to have been in big trouble. In the first half of this year, it recorded a 3 year growth. The sales volume of Inditex group increased 3% to 12 billion 30 million euros in the 6 months to July 31st, and the net profit also increased 3% to 1 billion 410 million euros.

CEO, the top ten from the fashion industry, includes LVMH Bernard Arnault, Fran Fran ois-Henri Pinault and so on.

Benetton another co founder died at the age of 77.

According to foreign media, Italy apparel brand Benetton lost two co founders in just three months. After Carol Benetton died in July, Gilberto Benetton also died 77 years ago.

In 1965, Gilberto Benetton was founded with its siblings Luciano, Giuliana and Carlo.

At present, the brand has 5000 sales outlets in 120 countries.

The report said that Z generation preferred buying cosmetics, which is three times the amount of accessories.

According to the newly released consumer preference report released by investment bank Piper Jaffray, Z generation consumers spend three times as much on cosmetics as their accessories, while Street apparel is dominant in clothing and footwear.

Among them, Tarte and Too Faced are the cosmetic brands of female consumers of Z generation in the US. Sephora is a beauty retailer who is very popular with young consumers. Michael Kors has been rated as a popular handbag brand, followed by Kate Spade and Coach.

Qiu Yafu, chairman of Shandong Ruyi chairman, was selected to be one hundred outstanding private entrepreneurs in the past 40 years of reform and opening up.

On the occasion of the 40th anniversary reform and opening up, in order to publicize the great achievements of the private economy, display the style of builders of the socialist cause with Chinese characteristics with the private entrepreneurs, carry forward the spirit of high quality entrepreneurs and encourage the majority of non-public sectors of the economy to "not forget the initial intention of starting a business, and carry out the reform of the great cause". The central United Front Work Department and the National Federation of industry and Commerce decided to publish the list of hundreds of outstanding private entrepreneurs in the 40 years of reform and opening up. Among them, Qiu Yafu, chairman of Shandong Ruyi group, was elected.

In the globalization of Chinese apparel companies, Ruyi group, known as "China LVMH", has chosen to enter the field of luxury fashion.

In terms of scale, the group is already the top 20 fashion luxury group in the world.

In addition to Maje's parent company SMCP group, Ruyi group also owns Shandong Ruyi woolen clothing group Limited by Share Ltd, British windbreaker brand, and the fabric manufacturer, Lycra and other companies.

In February this year, Ruyi group successfully won the Swiss luxury brand Bally for about 700 million US dollars.

Lotte Group will invest $44 billion to expand its domestic and Indonesian market.

China's Lotte Group, which lost China, said Tuesday that it will increase its total investment of 50 trillion won, or about 44 billion 50 million dollars in the next five years, of which about 12 trillion won will be used next year to expand the group in the Korean mainland and Indonesia market.

In retailing business, Lotte said it would focus on improving online services with big data and AI technology, and will continue to build shopping centers.

British Fashion Association announces 2018 Fashion Awards shortlisted brands and designers

This year, men's wear categories include Craig Green, JW Anderson, Dior Homme, Martine Rose and Burberry. Women's clothing includes Givenchy, Jonathan, Green, and Dior, and the results will be announced in December 10th.