DMT Beauty Transformation: Supreme to Open Long-Awaited Shanghai Flagship
Daniel-Yaw Miller DMTBeautySpot

Supreme to Open Long-Awaited Shanghai Flagship

March 16, 2024BruceDayne

Supreme will launch its first standalone store in China, as well as a WeChat Mini Program, on March 23rd, a key milestone in the streetwear juggernaut’s global expansion plan following an early foray into the country via a shop-in-shop at Dover Street Market’s Beijing outpost in 2022.

Chinese hypebeasts have long clamoured for a local Supreme store, but the brand’s efforts to enter the key fashion market were stymied, in part, by the rise of sophisticated opportunists who opened fake Supreme flagships from Shanghai to Shenzhen and attempted to register the brand’s trademarks in the country.

The move comes as demand for streetwear cools and some observers ask how far counterculture Supreme can grow without going mainstream and losing the ‘street cred’ that made it so desirable in the first place. In the year ending March 2023, the brand generated revenues of $523.1 million, down from $561.5 million the year before.

Learn more:

Is Streetwear Still Cool?

Luxury brands may have pivoted away from sneakers, puffer jackets and hoodies, but new labels like Corteiz and Free The Youth are making a case for street culture’s enduring relevance in fashion



DMTBeautySpot

via https://dmtbeautyspot.com

Daniel-Yaw Miller, DMT.NEWS, DMT BeautySpot,

You Might Also Like

0 comments

DMT BarberShop

DMT BarberShop
Come get the professional touch you deserve!

YouTube Channel

Contact Form