Shang Xia is a Chinese brand which produces handbags, shoes, clothing, and furniture. [1] It is majority-owned by Dutch holding company Exor NV.
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]
Shang Xia (Chinese: 上下) means 'up and down' in Chinese. [3]
Luoyang is a city located in the confluence area of the Luo River and the Yellow River in the west of Henan province, China. Governed as a prefecture-level city, it borders the provincial capital of Zhengzhou to the east, Pingdingshan to the southeast, Nanyang to the south, Sanmenxia to the west, Jiyuan to the north, and Jiaozuo to the northeast. As of December 31, 2018, Luoyang had a population of 6,888,500 inhabitants with 2,751,400 people living in the built-up area made of the city's five out of six urban districts and Yanshi District, now being conurbated. By the end of 2022, Luoyang Municipality had jurisdiction over 7 municipal districts, 7 counties and 1 development zone. The permanent population is 7.079 million.
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Exor N.V. is the listed holding company of the Italian Agnelli family.
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Luvanis S.A. is a private investment company headquartered in Luxembourg and specialized in the incubation and revival of long-dormant luxury brands, also coined as “sleeping beauties”.
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