E-commerce giant Alibaba has launched a set of new functionalities on its Tmall Luxury Pavilion site, designed to enable leading labels to reach out to the younger cohorts of Chinese luxury consumers.
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152 published items with the word (s) or phrase McKinsey in News, Trends, Videos, Photo galleries, Agenda and sorted by "date descending".
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![]( "Alibaba renews efforts to woo Gen Z consumers")
Alibaba renews efforts to woo Gen Z consumers -
![]( "Charlotte Werner named as Chief Executive Officer of Giambattista Valli")
Charlotte Werner named as Chief Executive Officer of Giambattista ValliThe house of Giambattista Valli has appointed Charlotte Werner to be its new Chief Executive Officer, as the house’s recent investor Artémis helps to boost the management of the critically acclaimed couturier and house.
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![]( "Buy now, pay whenever? Lockdown lift for online shopping loans")
Buy now, pay whenever? Lockdown lift for online shopping loansBuy-now-pay-later firms have benefited from a shift to online shopping during the coronavirus crisis in countries including the United States, where state aid has also boosted retail sales.
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![]( "Diane von Furstenberg lays off majority of staff amid plans to go digital, focus on China market")
Diane von Furstenberg lays off majority of staff amid plans to go digital, focus on China marketThe round of lay offs will cut most of the brand's 400 employees, and the only store to remain open will be the brand's New York City outpost, located in Manhattan's Meatpacking District.
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![]( "Luxury industry pessimistic about rapid recovery from Covid-19 crisis")
Luxury industry pessimistic about rapid recovery from Covid-19 crisisLuxury industry leaders have assessed the impact of Covid-19 on the sector, envisaging a recovery only in the long-term, according to a survey by the Italian Fashion Chamber and Pitti Immagine, with McKinsey & Company.
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![]( "Fashion and luxury industry on slow road to recovery")
Fashion and luxury industry on slow road to recoveryA study by McKinsey has outlined the possible scenarios for the industry's return to normalcy, hampered by the concern felt by consumers for their income levels, putting apparel consumption low on their priority list.
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![]( "Global luxury gloom to deepen despite easing lockdowns")
Global luxury gloom to deepen despite easing lockdownsGlobal sales of luxury goods are expected to slump by 50% to 60% in the second quarter despite lockdowns easing in some countries and signs of recovery in the Chinese market, consultancy Bain said on Thursday.
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![]( "Fashion shift online picks up even as stores reopen")
Fashion shift online picks up even as stores reopenRetailers selling fashion online are emerging as the winners of the coronavirus crisis as consumers are staying home even as stores start to reopen, results from major companies showed on Thursday.
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![]( "Clarks calls in more advisors as pressure mounts")
Clarks calls in more advisors as pressure mountsUK footwear giant Clarks has called in an army of advisors as plans are worked on to restructure the firm and fears mount that more stores than expected could close.
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![]( "China's young spenders say #ditchyourstuff as economy sputters")
China's young spenders say #ditchyourstuff as economy sputtersFor a growing number of Chinese like Tang, hit by job losses, furloughs and salary cuts, the consumer economy has begun to spin in reverse. They are no longer buying - they are selling.