Affordable fashion in China: Chinese Gen Z is paying for feelings, not just clothes

In March 2026, a three-year-old Chinese apparel label called W.MANAGEMENT took over H&M’s former flagship space in Hong Kong’s Causeway Bay, roughly 30,000 square feet, at a fraction of the rent H&M once paid. The handover points to a bigger shift: affordable fashion in China is winning over the Gen Z customers, and the prime […]
Sports footwear in China: International vs. local brands

For most of the past fifteen years, the real contest in China’s sports footwear market was between Nike and Adidas. That has changed. China’s sports footwear market reached RMB 229 billion in 2024, and the brands competing for it look nothing like they did a decade ago. ANTA Sports, the company behind FILA’s premium sneakers, […]
Li Ning in China: leveraging national confidence to win young Chinese consumers

Li Ning is a Chinese sportswear company founded in 1990 by the Chinese “prince of gymnastics” Li Ning (李宁). In recent years, the brand has seen its sales skyrocket and its patriotic designs gain popularity, especially among new generations. The enhanced Chinese nationalism combined with the surge of the sports market following the COVID-19 pandemic […]