How Uniqlo Finally Won Over Gen-Z

Luxury's Race to the Top; Chinese Board Members

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WHAT YOU NEED TO KNOW TODAY: WEDNESDAY, MAY 3, 2023 Uniqlo is making moves to capitalise on the success of its cross-body bag and other hits with Gen Z consumers. Luxury is locked in a race to the top, but there's still hope for smaller players, writes Pierre Mallevays. Most global luxury brands rely heavily on the China market, but few have Chinese in the boardroom. Beauty brand Sol de Janeiro is tapping "Euphoria" star Barbie Ferreira as its latest ambassador. Jil Sander appointed former Zegna and Luxottica executive Luca Lo Curzio as its new CEO. Doja Cat and Lil Nas X aside, the beauty at this year's Met Gala was uncharacteristically tame, writes Rachel Strugatz.

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RETAIL How Uniqlo Finally Won Over Gen-Z By Daniel-Yaw Miller

Its viral cross-body bag and other TikTok favourites have helped the brand catch the attention of younger consumers. Now, the retailer wants to open more stores in the US and Europe. READ MORE

LUXURY Luxury's Race to the Top By Pierre Mallevays

Giants like LVMH and Kering enjoy scale benefits that are hard for competitors to overcome, but there's still hope for smaller players, writes Pierre Mallevays. READ MORE

CHINA Why Fashion's Boardrooms Don't Reflect China's Importance By Tiffany Ap

Challenges in the executive pipeline mean most companies don't have a Chinese board member to help them navigate the complexities of the market even though China accounts for a third of global luxury revenues. READ MORE

BEAUTY Sol de Janeiro Bets On Barbie By Yola Mzizi

The Brazilian-inspired body-care brand taps "Euphoria" actress Barbie Ferreira as its latest face. READ MORE

BEAUTY Beauty at the Met Gala: Smoky Eyes, Red Lipstick and Not Much Else By Rachel Strugatz

Beauty will always be on the sidelines at fashion's "Super Bowl," but this year all of the beautiful people just looked beautiful. READ MORE

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NEWS BRIEFS Bulgari Store in Paris Robbed for Second Time in Two Years UK's Superdry Plans to Raise About $15 Million Through Share Sale OTB's Jil Sander Appoints Luca Lo Curzio as CEO Stockings, Style, Surrealism — How Man Ray Changed the Fashion Industry End. Clothing Taps Lea Cranfield as Chief Buying and Merchandising Officer

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