A-lister celebrities including supermodel Naomi Campbell, Hollywood couple Justin Timberlake and Jessica Biel, ex-soccer star David Beckham, and rival designers Olivier Rousteing of Balmain and Matthew Williams from Givenchy, sat on real grass, along with the rest of the guests, surrounded by wildflowers.
The world’s second-biggest fast-fashion retailer entered China in 2007 with the opening of the Shanghai flagship store and rapidly expanded. It had more than 500 stores in mainland China early last year but its website currently only lists 376, including the flagship Shanghai store.
Curbs to stop the virus in Shanghai, China’s fashion capital, ground the city of 25 million to a halt in April and May, leaving clothing and beauty product displays in stores untouched and containers of imported apparel stranded at port.
The German e-tailer’s shares tumbled the most in more than three years after Europe’s largest online retailer slashed its profit forecast, blaming worse-than-anticipated macroeconomic conditions.