【#CGTN 】A U.S. luxury brand’s rich tapestry of values in China

https://www.youtube.com/watch?v=JlbsqsGLXgM

A U.S. luxury brand’s rich tapestry of values in China

https://www.youtube.com/watch?v=JlbsqsGLXgM

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The China Development Forum 2025, which took place from March 23 to 24, gathered top executives of global firms to gain insight into China’s economic governance and opportunities for foreign investors. How does it translate on the ground? What are foreign companies’ demands and expectations? How are luxury brands shifting to China’s digital platform economy? In this edition of The Hub, Wang Guan sat down with Joanne C. Crevoiserat, CEO of Tapestry, a global house of iconic brands such as Coach and Kate Spade New York, during the forum to discuss how Western luxury brands are adapting to China’s rapidly evolving social, economic and aesthetic shifts and trends. Crevoiserat points out that China’s consumer market has shown resilience. "We expect to see continued growth for the years to come. There is a tremendous amount of potential in China," she remarked, adding that the China market is critically important to Tapestry as the company boasts close to 400 stores across 90 cities in the country. "This is a market where the consumer moves incredibly fast," she said, highlighting the need for continuous innovation and local collaboration.

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https://www.youtube.com/watch?v=JlbsqsGLXgM

from CGTN

https://www.youtube.com/watch?v=JlbsqsGLXgM

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