Fashion and Automotive Brands Make Big Moves: From Ferragamo to Xiaomi and Xiaopeng Motors

Gao Yuanyuan Named Brand Ambassador for Ferragamo

Chinese actress Gao Yuanyuan has been officially announced as the brand ambassador for Ferragamo, drawing significant attention from both fans and the fashion industry. Known for her elegance and distinctive style, Gao has frequently appeared at Ferragamo events, making her a fitting representative of the brand’s aesthetic. The collaboration is expected to highlight her influence in fashion while reinforcing Ferragamo’s vision of confidence and sophistication.

Gentle Monster and Maison Margiela Unveil Third Collaborative Collection

Gentle Monster and Maison Margiela continue their exploration at the intersection of classicism and futurism in their third collaboration. The collection features cyber – inspired metal elements, linear temples, and Maison Margiela‘s signature four – stitch detail. A key highlight is the MM 220 model, which includes a metal frame, oval lenses, and flexible cable temples engraved with the Maison Margiela logo. The collection consists of eight sunglasses and twelve optical frames, set to launch on March 6, 2025.

Topshop Prepares for Relaunch with New Website and Leadership

Topshop is set to relaunch its website this summer, as hinted by recent Instagram teasers. Michelle Wilson, newly appointed managing director, aims to strengthen the brand’s presence with a dedicated team and global wholesale expansion. Key partnerships include Nordstrom, Reliance Retail, and Bestseller. ASOS, which retains design and distribution rights, sold a 75 percent stake in Topshop and Topman to Heartland last year. Meanwhile, ASOS has also announced leadership changes to support its growth strategy.

Lanvin Group Reports Revenue Decline Amid Strategic Adjustments

Lanvin Group reported a 23 percent revenue decline in 2024, reaching €328.2 million (approximately $358.4 million), as it adjusted its creative and operational strategy. Wholesale and direct-to-consumer sales fell by 28 percent and 19 percent, respectively. The EMEA region and Greater China saw the largest declines, while North America and Japan remained more stable. The group is implementing new leadership and regional strategies to drive future growth, with a second European headquarters and creative direction changes at key brands.

Xiaomi SU7 Ultra Pre-Orders Exceed 10,000 Units

Xiaomi unveiled the SU7 Ultra at ¥529,900 (approximately $73,800), significantly lower than its previously announced estimated price of ¥814,900 (approximately $113,500) On February 27. The price adjustment has drawn significant market attention. According to Xiaomi Auto’s official account, pre-orders for the SU7 Ultra have exceeded 10,000 units, surpassing the company’s annual target ahead of schedule.

Xiaopeng Motors Leads February EV Deliveries with 570 Percent Growth

Xiaopeng Motors reported 30,453 vehicles delivered in February, a 570 percent year-over-year increase, securing its position as the top new energy vehicle (NEV) brand in China. The Xiaopeng MONA M03 and P7+ models played a significant role in this success, with both exceeding expectations in sales. Li Auto also saw growth with a 29.7 percent increase, delivering 26,263 units. Leap Motor delivered 25,287 units, marking a 285 percent rise.

Steve Madden to Reduce China Production Amid Potential Tariffs

Shoemaker Steve Madden plans to cut its reliance on Chinese manufacturing in response to potential tariffs proposed by Trump. The company aims to decrease imports from China by 40 percent to 45 percent, shifting production to countries like Vietnam, Cambodia, Mexico, and Brazil. Currently, over 70 percent of the company’s U.S. imports come from China. Proposed tariffs could significantly impact consumer prices and spending power in the U.S., according to industry estimates.

FMG Plans Global Expansion with 20 New Urban Revivo Stores

Fashion Momentum Group (FMG), the parent company of Chinese fast-fashion brand Urban Revivo, aims to open 20 new stores globally this year, focusing on high-potential markets like Tokyo, London, and Hong Kong. The company has already launched its first U.S. store in New York’s SoHo district and plans further expansion in Southeast Asia and Dubai. Urban Revivo currently has over 400 stores across several countries and is exploring an IPO in Hong Kong.