Is Luxury Finally Embracing Technology?

Retailers Are Struggling to Stock New Styles, Margaret Zhang's Vogue China

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WHAT YOU NEED TO KNOW TODAY: WEDNESDAY, JULY 14, 2021 Many retailers are struggling to stock enough new styles to meet post-pandemic demand. The luxury sector is speedily adopting new technology from artificial intelligence to augmented reality, writes Pierre Mallevays. China's $33.9 billion bridalwear market has unique dynamics that brands must understand. Margaret Zhang's Vogue China will street cast its September cover star. Chalhoub Group is targeting investments in emerging Saudi Arabian designers.

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RETAIL Shopping Is Back but Where Are the New Clothes? By Cathaleen Chen

Many mass-market and contemporary fashion brands are struggling to offer enough new and exciting styles to satisfy surging demand as the pandemic recedes in the United States. READ MORE

FINANCIAL MARKETS Is Luxury Finally Embracing Technology? By Pierre Mallevays

Last month's strategic tie-up between LVMH and Google signals a rethink on how technology can enhance the luxury experience, writes Pierre Mallevays. READ MORE

CHINA Why Chinese Brides Say Yes to the Dress By Zoe Suen

From extravagant ballgowns to unboxing videos, find out what's driving China's $33.9 billion bridalwear market. READ MORE

New Video Publication VHF Highlights Italian Design in Latest Issue READ MORE

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NEWS BRIEFS Kate Moss is the New Face of Kim Kardashian West's Skims Germany's Hugo Boss Forecasts 2021 Revenue Growth Apple, Goldman Plan 'Buy Now, Pay Later' Service to Rival Affirm Brunello Cucinelli Raises 2021 Sales Forecast Again Malls Looted in South Africa Following Zuma's Imprisonment Margaret Zhang's Vogue China to Street Cast September Cover Star UK Retailers Report Record Q2 Growth as Shops Reopen K-Pop Star HyunA is Loewe's New Global Brand Ambassador Russia's Yandex Pulls Out of Deal to Buy Fashion E-tailer KupiVIP Chalhoub Group Looks to Invest in Emerging Saudi Designers

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