Consumers in China are increasingly turning to homegrown labels over LVMH and Gucci as the economy cools, embracing the message that modern luxury can be proudly Chinese. https://www.japantimes.co.jp/business/2025/11/17/markets/china-local-luxury-lvmh-gucci/?utm_medium=Social&utm_source=mastodon #business #markets #luxurygoods #china #lvmh #gucci #fashion #louisvuitton #kering #burberry #rolex #chanel #songmont #maogeping #laopugold

China’s renowned makeup artist Mao Geping became a billionaire as his namesake cosmetics company soared as much as 92% in its trading debut in Hong Kong. https://www.japantimes.co.jp/business/2024/12/11/companies/china-makeup-hong-kong-debut/?utm_medium=Social&utm_source=mastodon #business #companies #china #hongkong #cosmetics #maogeping