Shang Xia is a Chinese brand which produces handbags, shoes, clothing, and furniture.[1] It is majority-owned by Dutch holding company Exor NV.
History
Shang Xia was founded in 2010 as a joint collaboration between Hermès Group and Chinese designer Jiang Qiong-er.[2] The brand's first bag, the Lan Yue, was a leather-textured imitation of a bamboo bowl. Its Da Tian Di chair is a reinterpretation of the Ming dynasty furniture style.[3]
Shang Xia opened its first store outside of China, in Paris, in 2013.[4]
In December 2020, Exor invested around €80 million in Shang Xia,[5] and in 2021, Exor became the majority owner.[6] In the same year, Yang Li was appointed its fashion creative director.[7] Shang Xia presented its first collection at the 2021 Paris Fashion Week.[2] In 2022, Sophia Wu, who was Shang Xia's chief operating officer, was promoted to CEO.[8]
Etymology
Shang Xia (Chinese: 上下) means 'up and down' in Chinese.[3]
External links
References
- Tianwei Zhang. Ferrari's Owner Exor Takes Majority Stake in Hermès' Shang Xia WWD, 2020-12-09, retrieved 2023-07-02^
- Why is fashion brand Shang Xia known as the 'Chinese Hermès'? South China Morning Post, 2023-03-14, retrieved 2023-07-02^
- Jiang Qionger of Hermès-backed Shang Xia brings Chinese aesthetics to the international stage